OFF MARKET

488 High Forest Road
Omeo VIC 3898

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 465940m2
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Property Details for 488 High Forest Rd, Omeo

Building Type
Rural
Year Built
2011
Land Size
465940m2
Local Government
East Gippsland
Lot/Plan
2011/PP2150

Last Listing description (July 2017)

Mt George is at an altitude of over a 1,220 meters and is located in the High Country of the Victorian Alps. This 43.58ha (107.69 acres) is the highest farming acreage for sale in Australia. In 12 years of selling Alpine Property we have never seen a property with views this good. Spectacular panoramic views across valleys to Mt Hotham, Falls Creek, Bogong High Plains and most of the Victorian snow covered Alps.
With a combination of natural timberland sections along with pastures for cultivation purposes and cleared areas. The Farming zoning provides opportunities for live stock to prosper, cultivate crops or enjoy the pleasures of native alpine wildlife. The entire boundary and the house site is fully fenced with solar powered electric plus extra fenced paddocks and round yards. Perfect for horses, alpacas, cattle, goats, sheep or do nothing and enjoy the lifestyle.
Property infrastructure has been build to withstand high winds and snow loading including a separate cabin, a barn residence plus two sheds. The stables, round yards and fencing have been built to last.

Full solar power system for electricity, gas cooking and numerous water tanks plus dam. The property is being sold fully furnished as advertised and inspected plus all plant and equipment is also included in the sale.

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Property History for 488 High Forest Rd, Omeo, VIC 3898

A timeline of how this property has performed in the market
Last Transferred
03 Mar 2021
  • 03 Mar 2021
    Transferred
  • 11 Jan 2021
    Sold for $350,000
  • 16 Jul 2017
    Sold for $350,000
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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 78.80% increase in median value, while Units have seen a 234.79% increase. As at 31 October 2024:

  • The median value for Houses in Omeo is $383,299 while the median value for Units is $242,902.
  • Houses have a median rent of $220.
There are currently 8 properties listed for sale, and 2 properties 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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