OFF MARKET

85/85A Tices Road
Omeo VIC 3898

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 8593600m2
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Property Details for 85/85a Tices Rd, Omeo

Building Type
Land
Land Size
8593600m2
Local Government
East Gippsland

Last Listing description (November 2023)

Elders Rural Services Australia Limited is pleased to present for sale 'Jamunjie', a productive broadscale landholding situated within the highly renowned and picturesque Omeo region of the Victorian High Country.

Ideally located 10km* north west of Omeo, the property comprises a highly versatile 859.36 hectares (2,123.54 acres) of land underpinned by an optimal natural resource base, renovated four-bedroom residence, guest/staff accommodation, extensive working infrastructure and frontage to Bingo and Munjie Creeks.

Key features:

Total land area: 859.36 hectares (2,123.54 acres)
- Jamunjie: 102.45 hectares (253.17 acres)
- Jamunjie North: 756.91 hectares (1,870.37 acres)
Renovated four-bedroom residence overlooking the picturesque Bingo Munjie Valley
Charming three-bedroom, one-bathroom guest/staff accommodation currently utilised as a farm stay, providing a lucrative income stream
Quality working improvements including three-stand shearing shed with adjoining sheep yards, two sets of cattle yards, fully enclosed machinery shed and machinery/hay shed
Subdivided into 26 paddocks with an excellent standard of fencing including Gallagher electric support
Extensive pasture improvement and input history
Abundant natural water supply via 27 natural catchment and spring fed dams, in addition to extensive frontage to Bingo and Munjie Creeks
Ideally suited to livestock, fodder production and carbon initiatives
Reliable 674mm* (26 inches)* average annual rainfall
Ideally located 10km* NW Omeo, 120km* SE Bright and 131km* NW Bairnsdale

To be offered as a whole or as two separate allotments.

For Sale by Expression of Interest closing Wednesday 29th November 2023 at 3pm.

Nick Myer 0427 610 278
Mel Coster 0408 725 495
Henry Mackinnon 0408 408 299

* denotes approximately

Property History for 85/85a Tices Rd, Omeo, VIC 3898

A timeline of how this property has performed in the market
  • 23 Oct 2023
    Listed for Sale by Expression of Interest

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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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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.