SOLD
Sold on 09 Feb 2024 for $760,000

1255 Great Alpine Road
Omeo VIC 3898

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2664690m2
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Property Details for 1255 Great Alpine Rd, Omeo

Building Type
Rural
Land Size
2664690m2
Local Government
East Gippsland
Lot/Plan
1/TP839340

Last Listing description (June 2023)

Castran are privileged to offer this incredibly atmospheric holding which is bisected by the picturesque 'Jim and Jack Creek'. Erected on land is also an original Cattleman's Hut built in 1947.

This prime grazing / lifestyle holding comprises of 5 titles and totals 265 ha / 654 acres (approx.) of freehold land. Situated 25 minutes (approx.) to Dinner Plain and only a further 10 minutes (approx.) to Australia's premier ski resort - Mount Hotham.


This property would appeal to the astute buyer that is seeking productive, undulating country with the potential for construction of a magnificent high-country retreat, subject to town planning approval.

Features include:

Fenced paddock
Treed gullies / stunning sweeping views
Moments to Hotham Airport and the Hotham / Dinner Plain Alpine ski fields
Adjoins Cobungra Station, the prestigious beef breeding enterprise.
Over 1.7 kilometres (approx.) frontage to Great Alpine Road

To arrange an inspection or to find out further details about this property, please contact exclusive selling agents Lachlan Castran 0475 000 888 and John Castran 0411 502 424.

Property History for 1255 Great Alpine Rd, Omeo, VIC 3898

A timeline of how this property has performed in the market
Last Sold
$760,000
09 Feb 2024
  • 09 Feb 2024
    Sold for $760,000
  • 07 Sep 2023
    Sold for $175,000
  • 14 Feb 2023
    Listed for Sale Contact Agent

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About Omeo 3898

The size of Omeo is approximately 587.9 square kilometres. It has 6 parks covering nearly 87.8% of total area. The population of Omeo in 2011 was 488 people. By 2016 the population was 388 showing a population decline of 20.5% in the area during that time. The predominant age group in Omeo is 60-69 years. Households in Omeo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Omeo work in a managers occupation. In 2011, 69.6% of the homes in Omeo were owner-occupied compared with 70.3% in 2016.

Omeo has 652 properties. Over the last 5 years, Houses in Omeo have seen a 97.23% increase in median value, while Units have seen a 234.79% increase. As at 31 July 2024:

  • The median value for Houses in Omeo is $389,231 while the median value for Units is $347,036.
  • Houses have a median rent of $220.
There are currently 5 properties listed for sale, and 1 property listed for rent in Omeo on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Omeo.

Suburb Insights for Omeo 3898

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.