SOLD
Sold on 25 Jun 2024 for $570,000

381 Bingo-Tice Road
Omeo VIC 3898

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 79203m2
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Property Details for 381 Bingo-Tice Rd, Omeo

Building Type
Rural
Land Size
79203m2
Local Government
East Gippsland
Lot/Plan
17/PP2151

Last Listing description (February 2022)

Here is an opportunity to secure a parcel of land approximately ten kilometres North West from the hamlet of Omeo, and which is located approximately 3.8km along the Bingo-Tice Road off the Omeo Highway at Bingo Munjie North. Click on the video link to view the property in more detail.
Surrounded by neighbouring farmland, the property is approximately 20 acres of Farming Zone 1 land and boasts some remarkable district scenery from its elevation and comes with the bonus of some existing infrastructure already in place to accommodate regular stop overs.
On the property is the base camp consisting of a twenty-foot viscount van with a hard annex extension with a solid free standing wood heater, gas cook top, solar with a battery in the van. Outside the van is an IBC cube pod shower with gas hot water. There is an open front dirt floor machinery / hay shed and garden shed /carport collecting rainwater to approximately 40,000 litres in various tanks and power is captured with a 3kva solar system with battery backup, a small wind turbine and a 15kva generator as needed. The property is divided into four paddocks with a couple of acres of flats, useable cattle yards, and has the Bingo Creek running through the property.

This could be a fantastic recreational property for all those that have been searching as it has the state forest in close proximity, and it lends itself to many lifestyle opportunities such as camping, prospecting, mountain bike riding / motor bike riding, four-wheel driving, hunting, hiking, or any other pursuits, as well as being in reasonable proximity to the many pristine trout streams, and between alpine towns.
Inspections are strictly by appointment for qualified buyers only.
All enquiry, call Michael Enever 0458272797.

Property History for 381 Bingo-Tice Rd, Omeo, VIC 3898

A timeline of how this property has performed in the market
Last Sold
$570,000
25 Jun 2024
  • 25 Jun 2024
    Sold for $570,000
  • 18 Jan 2022
    Sold for $260,000
  • 21 Dec 2021
    Listed for Sale $185,000
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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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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.