OFF MARKET

135 Waterfall Road
Poowong East VIC 3988

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 605580m2
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Property Details for 135 Waterfall Rd, Poowong East

Building Type
Rural
Land Size
605580m2
Local Government
South Gippsland
Lot/Plan
4/PS600049

Last Listing description (July 2021)

Ideal and affordable country lifestyle property with income earning capabilities and just 1.5 hours to Melbourne (approx.). Set in a quiet valley in the renowned Poowong district, this excellent property comprises a good balance of highly productive undulating and hill country.

Improvements:
- Well maintained circa 1960's 3 bedroom B/V home with spacious living areas,

hardwood timber floors, wood heater, gas fuelled ducted hydronic heating system and
abundant country atmosphere
- 18 unit herringbone dairy with 6,000 litre vat & auto feed system
- Sundry machinery, calf rearing & storage shedding
- Heavy duty stockyards

A majority of the property boasts renovated pastures and is well fenced to 28 paddocks serviced via an excellent laneway system. A reliable and secure water supply via dams, troughs and a 40 inch (approx.) annual rainfall.

An ideal fattening or breeding property capable of carrying around 80 cows and calves, 120 plus steers or as a dairy would milk 80-100 cows.

Centrally located to towns of Poowong 10 minutes, Korumburra 20 minutes, Drouin 20 minutes, Warragul 30 minutes and 1.5 hours to Melbourne.

Affordable properties that offer both country lifestyle and income earning potential in such a great location are extremely hard to find.

Inspection strictly via selling agents. Contact Don Olden on 0417 805 312 or Jean O'Loughlin on 0428 571 083.

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Property History for 135 Waterfall Rd, Poowong East, VIC 3988

A timeline of how this property has performed in the market
Last Sold
$870,000
17 Apr 2020
  • 17 Apr 2020
    Sold for $870,000
  • 21 Jun 2019
    Listed for Sale NEW PRICE $899,000
  • 10 Jan 2017
    Listed for Sale NEGOTIABLE
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About Poowong East 3988

The size of Poowong East is approximately 24.5 square kilometres. The population of Poowong East in 2011 was 245 people. By 2016 the population was 71 showing a population decline of 71.0% in the area during that time. The predominant age group in Poowong East is 50-59 years. Households in Poowong East are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Poowong East work in a managers occupation. In 2011, 84.4% of the homes in Poowong East were owner-occupied compared with 74% in 2016..

Poowong East has 62 properties. As at 30 November 2024:

  • The median value for Houses in Poowong East is $1,197,379.
There are currently 4 properties listed for sale, and no properties listed for rent in Poowong east on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Poowong east.

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