68 Nyora RoadPoowong VIC 3988
Property Details for 68 Nyora Rd, Poowong
Last Listing description (June 2023)
Historically the site of the second school in Poowong and later the Bindaree School Camp this gently sloping 3.1 Acres (1.25Ha) parcel in two Titles is steeped in the memories of the district.
Zoned: General Residential Zone the property is the ideal configuration for first time or experienced developers, an astute family with an eye to succession planning or simply a family or group wanting to pool resources to develop their own idyllic haven.
With a Planning Permit for a sixteen (16) Lot Body Corporate subdivision granted by the South Gippsland Shire Council in place, and allowance for a Wetland Reserve incorporating a substantial water feature (existing); and power, water and sewer available this is truly a blue chip opportunity to create an enviable lifestyle community.
Poowong is a progressive rural hub with well developed amenities (including Primary School, Community Hall, heated swimming pool, basketball stadium, footy oval, netball and tennis courts, shops, Pub, cafes, churches, Sculpture Park and services. Conveniently located to access Drouin/ Warragul, Korumburra, Cranbourne, and the delights of Phillip Island and Inverloch; Poowong, nestled in the lush countryside with view across the rolling hills and with pioneering country spirit is a great place to call home.
Property History for 68 Nyora Rd, Poowong, VIC 3988
- 06 Dec 2023Sold for $715,000
- 07 Jun 2023Listed for Sale Not Disclosed
- 27 Jun 2017Listed for Sale $785,000
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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.
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