SOLD
Sold on 25 Jun 2024 for $570,000

356 Omeo Valley Road
Omeo VIC 3898

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 40000m2
Sold By
Michael Enever
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Property Details for 356 Omeo Valley Rd, Omeo

Building Type
Rural
Year Built
2010
Floor Size
126m2
Land Size
40000m2
Local Government
East Gippsland
Lot/Plan
16/PP5083

Last Listing description (October 2024)

There is a shortage of quality small acreage property on the market in Omeo and the surrounding districts, particularly property with comfortable turnkey vacant possession homes ready to move straight in.
Therefore, if you are in the market for a quality home with a generous land size locally to the Omeo township it would be well worth your while exploring this opportunity. If you have been following the real estate market and keeping an eye on the regional town of Omeo, you will understand this property represents a quality investment opportunity for anyone seriously wanting to enter the regional alpine market and will amount to being a good investment within the coming years.
Presented nicely, the home is well insulated and has double glazed windows and doors and offers three good sized carpeted bedrooms, ceiling fans and built in robes, with the master boasting a walk-in robe and an ensuite. A nice open plan kitchen with a gas cooktop, electric oven, and dishwasher and that leads into the dining/lounge area with a free-standing wood heater and ceiling fan and sliding door exiting out to the elevated veranda on the Eastern side capturing the remarkable district scenery and the Livingstone Creek below. The central bathroom has a bath, shower and vanity, a separate toilet, there is a practical laundry, and good quality floor coverings are just to name a few treats the home has to offer.

The home has an undercover carport and is connected mains electricity, is serviced by a septic system, has a small garden shed and a selection of four large poly water tank collecting *20,000 gallons of rainwater for the home, garden, and grounds. The home boasts a solar feedback system *2.4kw assisting to offset electrical living costs. The title land size is *4 hectares / *10 acres in size and represents the opportunity for someone to have a selection of animals. Adjoining the property and declared in the available vendor statement are two agricultural licence leases transferable at a successful settlement, providing an additional land area of *1.2 Ha and 0.4Ha totaling *1.6 Ha / *4 acres in size.
The property represents a multitude of opportunities for investment or permanent occupancy. A short drive or generous push bike ride into to the town from the home you will find there is an IGA supermarket, two local pubs and The New Rush brew house for meals and a cold one, a bakery, a cafe's, the Omeo Hospital, primary school, service station and post office, the new activities pump bike track, football and netball club, and a golf course along the road to explore.
The area boasts a variety of outdoor activities for the keen, with the current development of the mountain bike trails underway, and other activities such as hunting, four-wheel driving, motor bike or mountain bike riding, trout fishing, and various other recreational pursuits. Omeo is *one hour and twenty minutes from the major regional center of Bairnsdale, and *35 to 45 minutes to the snowfields around Dinner Plain and Mount Hotham.
This home is genuinely on the market, so here is an opportunity to secure a quality property in the Omeo district be it for permanent occupancy or holiday investment the choice is yours.
Inspections are strictly by appointment only for qualified buyers only.
All enquiry call Michael Enever 0458272797
*Approximately

Property History for 356 Omeo Valley Rd, Omeo, VIC 3898

A timeline of how this property has performed in the market
Last Sold
$570,000
25 Jun 2024
Listed for Rent
$500/w
06 Jun 2024
  • 25 Jun 2024
    Sold for $570,000
  • 30 May 2024
    Listed for Rent $500 / week
  • 01 Mar 2024
    Listed for Sale $579,000
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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 651 properties. Over the last 5 years, Houses in Omeo have seen a 70.38% increase in median value, while Units have seen a -6.02% decrease. As at 30 September 2024:

  • The median value for Houses in Omeo is $347,292 while the median value for Units is $236,294.
  • Houses have a median rent of $220.
There are currently 8 properties listed for sale, and 1 property listed for rent in Omeo on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Omeo.

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Contact agent
Michael Enever
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Harcourts Bairnsdale
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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.