OFF MARKET

3 Ranceby Road
Poowong VIC 3988

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2088m2
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Property Details for 3 Ranceby Rd, Poowong

Building Type
Commercial
Land Size
2088m2
Local Government
South Gippsland
Lot/Plan
1/LP34838

Last Listing description (March 2014)

Invest Now. Reap The Rewards. Huge Block.
Watch your investment grow and take shape with this approx 1 acre flat residential allotment sitting slap bang in the Main Street of Poowong and overlooking beautiful rolling hills of rich dairy country.A very profitable investment that can move through1.Development subdivision (STCA)2.Construction/build3.Sales4.DollarsYou make the decision because whatever you decide you will profit. Close to schools and kinda, walk to sporting facilities, pool, across the road from the supermarket, school bus to Warragul, Drouin and Korumburra schools. Come and enjoy what Poowong countryside has to offer!

Property History for 3 Ranceby Rd, Poowong, VIC 3988

A timeline of how this property has performed in the market
Last Sold
$600,000
21 Oct 2022
  • 21 Oct 2022
    Sold for $600,000
  • 31 Mar 2014
    Listed for Sale $230,000
  • 04 Dec 2013
    Listed for Sale $230,000
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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 80.83% increase in median value. As at 31 October 2024:

  • The median value for Houses in Poowong is $786,185 while the median value for Units is $294,477.
There are currently 10 properties listed for sale, and no properties listed for rent in Poowong on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Poowong.

Suburb Insights for Poowong 3988

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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.