SOLD
Sold on 22 Feb 2024 for $148,000

20 Patterson Lane
Orbost VIC 3888

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1168m2
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Property Details for 20 Patterson Lane, Orbost

Building Type
Land
Land Size
1168m2
Local Government
East Gippsland
Lot/Plan
3/PS916355

Last Listing description (April 2024)

A rare find in the Orbost township?a vacant block of land well over a quarter of an acre in size (1168m2), located in a quiet area and only a short stroll from the CBD. Zoned General Residential (GRZ1), the property has all services available for connection including electricity, water, sewer, telephone, NBN and Mains Gas.

There is an existing structure on the land which may be able to be used for temporary occupation during construction of a dwelling (in accordance with East Gippsland Shire's local laws) and an existing wooden shed with corrugated iron roof, concrete floor and power connected.

This lot represents a great opportunity to purchase a block of land and have somewhere to reside (STCA) and store your possessions, all whilst building your dream home. All this available on a quiet lane within easy walking distance to the Orbost CBD, sporting facilities and parks.

Nestled on the Snowy River, Orbost is a great location to start your country lifestyle. Orbost has a golf club and sports centre, lots of cafes, two supermarkets, banks and a variety of specialist stores, a Regional Hospital, Secondary College and primary schools. Orbost is only a short drive to the coastal town of Marlo for a spot of fishing and around forty-five minutes' drive to the Gippsland Lakes at Lakes Entrance.

East Gippsland is a great location to build your new home. There are a variety of home grants and schemes available when building your first home. This property is titled and ready to go! Secure this allotment today and start planning your dream home build.

Please call Richard Ivey on 0401 113 310 seven days a week for more information.

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Property History for 20 Patterson Lane, Orbost, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$148,000
22 Feb 2024
  • 22 Feb 2024
    Sold for $148,000
  • 07 Jun 2023
    Listed for Sale Not Disclosed

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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.

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