OFF MARKET

384 Houlahans Lane
Poowong VIC 3988

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Land area: 611194m2
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Property Details for 384 Houlahans Lane, Poowong

Building Type
Land
Land Size
611194m2
Local Government
South Gippsland
Lot/Plan
1/TP970033

Last Listing description (July 2023)

This superb 151-acre property consists of beautifully undulating grazing land, an older 4-bedroom country home, extensive shedding and working improvements.
The farm is ideally suited to a wide variety of agricultural interests which include cattle fattening & breeding, sheep, equine, horticulture and much more.

Key features of this property include:

- Superb gently undulating to undulating land
- Heavy carrying highly productive Bluegum country
- Comfortable 4-bedroom country home
- Extensive working improvements include machinery shed and workshop with concrete flooring and electrcity, hay shed & disused dairy
- Heavy duty stockyards for ease of livestock management
- Well fenced to 22 paddocks serviced via all-weather laneways throughout
- Excellent and secure water supply via dams with a 14.3 megalitre licence, troughs & is also supported by a reliable 40 inch plus annual rainfall
- Treed plantations provide shelter for livestock and aesthetic appeal
- Poowong 6km, Korumburra 20km, Drouin 25km, Melbourne only 1.5 hrs

This is a unique chance to acquire a high-quality property in the coveted Poowong area of the prestigious South Gippsland region, with a rich history of family ownership dating back to 1938. This district is renowned for its tightly held ownership so dont miss this rare opportunity to secure a property which is being offered for sale for the first time in 85 years. To learn more or schedule a visit, please contact Don Olden at 0417 805 312 or Katrina Griggs at 0428 571 083. Inspections strictly via selling agents only. Expressions of Interest will be accepted until 4pm on Thursday, May 25th, 2023.

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

Property History for 384 Houlahans Lane, Poowong, VIC 3988

A timeline of how this property has performed in the market
Last Sold
$2,620,000
06 Jun 2023
  • 06 Jun 2023
    Sold for $2,620,000
  • 22 Apr 2023
    Listed for Sale Under Contract
  • 16 Nov 2020
    Listed for Sale SOLD

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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.