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,
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.
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 31 October 2024:
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