OFF MARKET

185 Forest Road
Orbost VIC 3888

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3413m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 185 Forest Rd, Orbost

185 Forest Rd, Orbost is a 0 bedroom, 0 bathroom House. The property has a land size of 3413m2.

Building Type
House
Land Size
3413m2
Local Government
East Gippsland
Lot/Plan
2/PS712528

Last Listing description (November 2024)

At nearly an acre in size (3413m2), this level allotment is located at the end of a quiet street and surrounded by farmland. This enviable location has very few neighbours and services such as power, town water, CN gas and NBN are available for connection when you are ready to build your dream home. The property is also fully fenced with a gate and crossover and there are no easements on the property. Bigger than most blocks in town, yet with the convenience of being in town, there is enough room to build a large home and shed (STCA) with plenty of room for the kids and pets to play and maybe have a sheep or two.

Zoned 'Farming Zone 1' this property lends itself to a variety of potential uses. The current owners have successfully applied for a planning permit for a dwelling which ensures the new owner has right to build a home (subject to council, regulatory and permit requirements).

Orbost is a popular destination surrounded by farmland and has many schools, shops and medical facilities, such as the Orbost Regional Hospital. It is nestled on the legendary Snowy River which meanders out to sea at the coastal town of Marlo in East Gippsland. Lakes Entrance is only around a forty-five minute drive for the Gippsland Lakes, Woolworths and Aldi whilst Bairnsdale is a little further on for where there are all the major supermarkets, K Mart, Bunnings and a train service that travels to the Melbourne CBD. Orbost is around four and a half hours drive from Melbourne or Canberra making a very accessible to come to see what the area has to offer.

Level blocks of this size in such a pleasant rural setting don't come on the market very often. Don't miss this one! Please call Richard on 0401 113 310 for further information.

Property History for 185 Forest Rd, Orbost, VIC 3888

A timeline of how this property has performed in the market
  • 10 Jun 2023
    Listed for Sale $249,000

Commute Calculator

About Orbost 3888

The size of Orbost is approximately 208.6 square kilometres. It has 9 parks covering nearly 86.4% of total area. The population of Orbost in 2011 was 2,493 people. By 2016 the population was 2,231 showing a population decline of 10.5% in the area during that time. The predominant age group in Orbost is 60-69 years. Households in Orbost are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Orbost work in a labourer occupation. In 2011, 69% of the homes in Orbost were owner-occupied compared with 69.9% in 2016.

Orbost has 1,628 properties. Over the last 5 years, Houses in Orbost have seen a 75.94% increase in median value, while Units have seen a 138.07% increase. As at 31 October 2024:

  • The median value for Houses in Orbost is $323,047 while the median value for Units is $352,094.
  • Houses have a median rent of $360.
There are currently 28 properties listed for sale, and 1 property listed for rent in Orbost on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Orbost.

Suburb Insights for Orbost 3888

Market Insights
Orbost Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Orbost Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.