Situated within Omeo Township, this expansive 5.3-acre (approx.) plot presents a practical and promising opportunity for development**. Currently zoned as Rural Living, with potential to be rezoned Residential**, the undulating land is well-suited for development, particularly considering the Township's current need for expansion. Main road frontage is a huge benefit of the block, while its strategic location ensures easy access to essential amenities, such as Omeo Hospital and Primary School, both within walking distance.
The further developments happening within Omeo are a growing appeal for the area making this block a desirable opportunity. Positioned as a practical and promising option, this level plot is open for developers looking to contribute to Omeo's evolving landscape and address the increasing demand for housing in the area.
** Subject to council approval as part of the Residential Investigation Project
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
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:
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