OFF MARKET

55 Pennyroyal School Road
Pennyroyal VIC 3235

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 207389m2
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Property Details for 55 Pennyroyal School Rd, Pennyroyal

Building Type
Land
Land Size
207389m2
Local Government
Surf Coast
Lot/Plan
2/TP241763

Last Listing description (November 2019)

Set over 3 titles amongst the beautiful Pennyroyal hills, and with stunning views all around, this property provides a rare opportunity to build your dream home and lifestyle in this highly sought after location.

Comprising approx. 49 acres, with a further leased option to total almost 60 acres, here is a beautiful blank canvas to create your own rural based enterprise in a simply superb setting.


To add interest, the farm is located in the historical Pennyroyal township precinct with the original Pennyroyal School and sites of the Principals residence and Pennyroyal Post Office nearby.

From the entrance at Fernleigh, the propertys appeal begins to be revealed. The ornamental pear tree avenue (particularly striking in Autumn and Spring) leads from the gate into the heart of the property.

Overlooking the magnificent views all around, the property boasts an array of infrastructure including an original circa 1870s 1880s house consisting of 4 bedrooms/1 bathroom which is currently used for weekend accommodation. Nearby is the original dairy along with new steel and timber cattle yards (complete with loading ramp and crush) and connected by a laneway to paddocks at the bottom of the property a landscaped garden and extensive quality shedding.

A huge 25m x 12m x 4.5m high shed with concrete floor, roller doors and skylights provides an excellent space for storage or project work, while a second 3 bay shed and another 12m x 7m shed, both with power connected, are also very useful.

From the garden, a series of three dams, positioned at different levels down the hill, enhances the view down to the valley and the creek at the bottom. The dams complement the rainwater tanks (approx. 27,000 litre capacity) in supplying the water needs for the house, garden and farm.

The current owners have taken great pride in sensitively developing this beautiful and purposeful property to ensure that future possibilities are not compromised. Power has been connected by underground lines so that the views are not impeded and fencing, dams and other infrastructure have been positioned to be useful and, where possible, to add to the beauty of the property.

This is a property with enormous potential ready and waiting for someone to make it their own.

Property History for 55 Pennyroyal School Rd, Pennyroyal, VIC 3235

A timeline of how this property has performed in the market
Last Sold
$1,200,000
09 Nov 2019
  • 09 Nov 2019
    Sold for $1,200,000
  • 30 Sep 2019
    Listed for Sale Not Disclosed
  • 20 May 2011
    Listed for Sale STARTING FROM $150,000
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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.