Set in a tranquil bush setting with an abundance of flora & fauna, we offer this sensational bush block of 72 acres (approx). With a clearing at the bottom of the the property, which includes a dam that borders the Pennyroyal Creek. Also adjoins the Penny Royal Creek Bushland Reserve to the north.
An amazing location to build that ideal bush hideaway you have always dreamed of.(S.T.C.A.). Only a 10 minute drive to Lorne and a short drive to Geelong & Colac. Don't miss this one!
The size of Pennyroyal is approximately 30.1 square kilometres. It has 2 parks covering nearly 55.7% of total area. The population of Pennyroyal in 2011 was 372 people. By 2016 the population was 70 showing a population decline of 81.2% in the area during that time. The predominant age group in Pennyroyal is 50-59 years. Households in Pennyroyal are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Pennyroyal work in a managers occupation. In 2011, 82.3% of the homes in Pennyroyal were owner-occupied compared with 72.8% in 2016..
Pennyroyal has 96 properties. Over the last 5 years, Houses in Pennyroyal have seen a 145.42% increase in median value, while Units have seen a 29.34% increase. As at 31 October 2024:
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