"The Washington Paddock"
How is this for a cracking opportunity? It is rare to find large parcels of arable land, particularly with multiple allotments, on the fringe of a township that is about dramatically escalate in popularity and tourism, such as what is anticipated for the Omeo region. If you have been seriously following the real estate market, and keeping an eye on the regional town of Omeo, you will be well aware that this property represents an excellent investment opportunity now, and will amount to being a good buy in years to come. Check out the video of the property in the listing.
Surrounded by three road frontages, the property is approximately two hundred and forty acres in total size and has town water connected, and power available. The land is fenced on the boundary's, and is divided into approximately three paddocks with three troughs, and has several dams and gullies on the property, along with a large storage shed.
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 NaN 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:
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