OFF MARKET

5 Priest Way
Orbost VIC 3888

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4626m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 5 Priest Way, Orbost

5 Priest Way, Orbost is a 0 bedroom, 0 bathroom House. The property has a land size of 4626m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Land Size
4626m2
Local Government
East Gippsland
Lot/Plan
7/PS808323

Last Listing description (June 2024)

Large rural living allotment of 4626m2 (just over an acre), Lot 7, 5 Priest Way Orbost (corner of Clorinda Court off Majors Creek Road) is located in the Dura Gunya subdivision on the edge of the historical town of Orbost, East Gippsland, Victoria. Being a corner block, it has street frontages to both Priest Way and Clorinda Court and the site slopes to the western boundary and boasts fabulous rural views of the Snowy River Flats and fabulous sunsets.

Enjoy a rural lifestyle block of land, zoned Rural Living Zone - Schedule 5 (RLZ5) with the convenience of town services - underground electricity, natural gas, NBN and town water. The estate has bitumen roads and the site is surrounded by farm fences, with a crossover and farm gate. With just over an acre of land, you can build that home you have always wanted, with plenty of room for a large shed and entertainment area for the whole family. Grow your own vegetables and fruit trees, raise some chooks and settle into country life.

Orbost is nestled alongside the Snowy River and has the advantage of its close location to the seaside town of Marlo, yet not far away from beautiful national parks and only a 45 minutes drive to Lakes Entrance and the Gippsland Lakes. Ideal location with spectacular sunsets and fabulous rural views, why would you want to live anywhere else? Time to buy the land to build your dream home and take advantage of the first home owners regional grant.

You won't find a allotment of this size for this price available for sale in Orbost. This property is priced to sell, so don't miss out!

For more information about this wonderful site, contact Richard Ivey on 0401 113 310.

Property History for 5 Priest Way, Orbost, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$130,000
16 Sep 2021
  • 27 Mar 2023
    Listed for Sale $149,995
  • 16 Sep 2021
    Sold for $130,000
  • 18 Sep 2020
    Listed for Sale $140,000

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.