525 Pennyroyal Valley Rd, Pennyroyal is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 202803m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
A rare opportunity to secure a truly unique property in the highly sought-after Pennyroyal Valley. Located in the foothills of the Otway's National Park with captivating views overlooking the valley and beyond.
With 50 picturesque acres this property is abundant in bird and wildlife and has plenty of potential and scope for expansion. Comprising of both undulating and levelled fenced paddocks, pockets of natural bushland, shelter-belts, two good sized dams and winter running creeks.
The elevated north-facing home built only 3 years ago, is an easy to maintain modern design featuring three-bedrooms, one-bathroom with ample natural light throughout and has been finished with quality fittings and appliances. The floorplan takes full advantage of the magnificent surrounding landscape providing scenic vistas from every room.
Large glass sliding doors connect indoor living spaces to the outdoor deck, creating an impressive setting for entertaining, capturing the winters sun to warm the house and providing maximum airflow during the warmer months.
A scenic 25 minutes' drive from Lorne and its pristine beaches, only 5 minutes to Deans Marsh, this property will appeal to buyers seeking to enjoy the best of both worlds. For those with a sense of adventure this property offers so much local exploration with access to The Great Ocean Road and the Otway's, horse riding and walking trails, wineries, berry picking farms, coffee shops, restaurants, boutiques, playgrounds & schools in the charming country towns nearby. And for those wishing to follow their equestrian dream this property allows for horse stables/facilities and even business.
This peaceful hinterland gem awaits you ready to write a new chapter and must be seen to be realised.
Features:
permits for development of farm shedding/ horse facilities/ business
large SMEG oven
five-burner cooktop
modern kitchen
open living space with timber flooring
wood burning heater
reverse cycle aircon
large deck at the front of the house
45,000 litres of rainwater tank capacity
mains power connected
two good-sized dams
network of walking and riding trails
6km to Deans Marsh
25 Minutes to Lorne and Lorne School
school bus pickup & drop-off services
30 minutes to Colac
50 minutes to Geelong/Torquay
120 minutes from Melbourne CBD
Vicrail service to Melbourne from nearby Winchelsea
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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