OFF MARKET

490 Pennyroyal Valley Road
Pennyroyal VIC 3235

Bedrooms: -
Bathrooms: 1
Car spaces: 2
Land area: 16795m2
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Property Details for 490 Pennyroyal Valley Rd, Pennyroyal

Building Type
Land
Land Size
16795m2
Local Government
Surf Coast
Lot/Plan
49B3/PP2059

Last Listing description (June 2015)

Set in the picturesque Pennyroyal Valley this 6 acre (approx.) property is a rare gem and is on the market for the first time in over thirty years.
The quaint Victorian cottage has two very large bedrooms and is complemented by a garden containing a mix of rare conifers, deciduous and native trees.
Improvements consist of a large workshop and studio, both with concrete floors and power connected. (Studio has NBN satellite connected.) Added to this is numerous sundry shedding, infrastructure in place for horses, sheep, goats and poultry, an established orchard (25 years old) and the Pennyroyal Creek along one boundary.

The creek, along with tank water capacity of 95000 litres, makes this property virtually drought proof and the rich loamy river flats offer the scope to grow almost anything.
An abundance of both birds and wildlife completes this idyllic lifestyle property located just 20 minutes drive from Lorne, Colac and Winchelsea.

Property History for 490 Pennyroyal Valley Rd, Pennyroyal, VIC 3235

A timeline of how this property has performed in the market
Last Transferred
23 Jul 2009
  • 17 Apr 2014
    Listed for Sale $POA
  • 23 Jul 2009
    Transferred
  • 01 Apr 1985
    Sold for $53,000
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About Pennyroyal 3235

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:

  • The median value for Houses in Pennyroyal is $3,035,518 while the median value for Units is $809,580.
There are currently 1 property listed for sale, and no properties listed for rent in Pennyroyal on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Pennyroyal.

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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.