SOLD
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Sold on 23 Sep 2024 for $100,000

44 Bowers Street
Orbost VIC 3888

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1045m2
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Property Details for 44 Bowers St, Orbost

Building Type
Land
Land Size
1045m2
Local Government
East Gippsland
Lot/Plan
4/LP205735

Last Listing description (September 2024)

44 Bowers Street is an exceptional piece of land offering its new owner a corner block with dual street access and a multitude of possible uses.

What a great location to build your forever home, or, re-develop for a multi-dwelling project which would be welcomed by a strangled rental market.

Features:

• 1045 Sqm Flat Corner Allotment
• All services available
• Easy building, Low site costs
• Possibility for Further Development (STCA)

Please contact Luke Oakley with Orbost Real Estate for more information regarding this opportunity to secure vacant land.

• WHY INVEST IN ORBOST...

Discover the hidden gem of Orbost, Victoria's haven for those seeking the perfect blend of tranquillity and adventure. Nestled amidst nature's beauty, Orbost offers a unique real estate opportunity with a touch of small-town charm. Imagine waking up to the soothing sounds of nature, surrounded by lush landscapes and the promise of a slower, more fulfilling lifestyle.

What sets Orbost apart is its strategic location, providing easy access to both the coastal serenity of Marlo only a 10-minute drive and the vibrant energy of Lakes Entrance approximately 35 minutes away. Embrace the coastal living experience in Marlo, just a stone's throw away, where the Mighty Snowy River meets the ocean in a picturesque dance providing some of the best waterways and fishing Victoria has on offer. Alternatively, indulge in the dynamic atmosphere of Lakes Entrance, a bustling hub of activity and entertainment.

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Property History for 44 Bowers St, Orbost, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$100,000
23 Sep 2024
  • 18 Sep 2024
    Sold for $100,000
  • 14 Sep 2024
    Listed for Sale $135,000
  • 02 Dec 2023
    Listed for Sale $135,000
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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 1,627 properties. Over the last 5 years, Houses in Orbost have seen a 75.04% increase in median value, while Units have seen a 69.10% increase. As at 30 September 2024:

  • The median value for Houses in Orbost is $316,290 while the median value for Units is $275,788.
  • Houses have a median rent of $360.
There are currently 28 properties listed for sale, and no properties listed for rent in Orbost on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Orbost.

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Luke Oakley
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Elders Real Estate Orbost
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