OFF MARKET

2607 Drouin-Korumburra Road
Poowong VIC 3988

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 30756m2
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Property Details for 2607 Drouin-Korumburra Rd, Poowong

Building Type
Commercial
Land Size
30756m2
Local Government
South Gippsland
Lot/Plan
1/PS739006

Last Listing description (July 2024)

Here lies a truly first-class rural lifestyle opportunity. 'The Ridge' is a magnificent 7.6-acre rural allotment with a CURRENT PLANNING PERMIT to build. Boasting stunning views of South Gippsland's lush green rolling countryside across to the Baw Baw ranges and beyond. This superb block is gently undulating and north facing, ideal to build your dream home, capturing the natural lighting and for energy saving aspects, for you to create the ideal small acreage lifestyle you have been dreaming of.

Key features of the property include:

Sealed road access, electricity close by and is surrounded by cattle farming land

Just 5 minutes to Poowong township, Korumburra 15 mins, Warragul 35 mins & Melbourne just 1 hours away

Fishing, boating, pristine beaches plus the Bass Coast and South Gippsland tourism is all at your fingertips

Rural small acre allotments of the calibre that you can build on are extremely hard to find. To arrange an inspection or for further information, please contact Don Olden on 0417 805 312 or Sharon Turton on 0447 604 796.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 2607 Drouin-Korumburra Rd, Poowong, VIC 3988

A timeline of how this property has performed in the market
  • 21 May 2024
    Listed for Sale POA
  • 18 Oct 2023
    Listed for Sale Not Disclosed

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About Poowong 3988

The size of Poowong is approximately 49.5 square kilometres. It has 3 parks covering nearly 0.2% of total area. The population of Poowong in 2011 was 609 people. By 2016 the population was 637 showing a population growth of 4.6% in the area during that time. The predominant age group in Poowong is 60-69 years. Households in Poowong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Poowong work in a managers occupation. In 2011, 82.4% of the homes in Poowong were owner-occupied compared with 85.4% in 2016.

Poowong has 558 properties. Over the last 5 years, Houses in Poowong have seen a 83.95% increase in median value. As at 31 July 2024:

  • The median value for Houses in Poowong is $777,630 while the median value for Units is $391,229.
There are currently 9 properties listed for sale, and no properties listed for rent in Poowong on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Poowong.

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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.