OFF MARKET

85 Olsens Road
Poowong East VIC 3988

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 441176m2
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Property Details for 85 Olsens Rd, Poowong East

85 Olsens Rd, Poowong East is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 441176m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Land Size
441176m2
Local Government
South Gippsland
Lot/Plan
1/TP174002

Last Listing description (September 2021)

Enjoy country lifestyle, breathe in the fresh air and appreciate a simpler life.

This is currently a fully functional dairy farm and has the potential for beef or other specialty farming uses.
Just 23 kms south of the Drouin township, this 109 Acre (44.28 Ha) land holding is known for its high rainfall (1150mm approx) and high stock carrying capacity.

The land is slightly undulating with good alluvial flats along the Lang Lang River and has inherently productive grey loam soil.

Most of the fencing on the property is electrified. Water is supplied to the 12 paddocks via 5 dams, troughs plus the river.
Huge gum trees are scattered throughout the property creating shade and shelter for stock.

The original farmhouse is approx 16sqs consisting of 3 large bedrooms, 2 with BIRs. The country style kitchen allows for a central dining area surrounded by heaps of cupboards, bench space and amazing views from the kitchen window.
The lounge is spacious including a solid wood heater. Solid timber floors in the main rooms have just been sanded and polished. Whilst the interior of the home has been freshly painted.

The dairy consists of a 26 Swing over Herringbone Parlour.
The high clearance steel structure measures 12x16.8m and an older segment is 6.4mx11.2 m
It has a 6800L Barry Brown glycol cooling vat system, double plate cooler and associated plant and equipment.
The dairy's concrete holding yard is 13x24m and beside the shed is a 80x8m concrete feed pad.
An effluent dam with an electric pump with timer plus 4 hydrants and a travelling irrigator.
A steel framed hay shed measures 9x18
to keep your hay dry and out of the natural elements.

Children can enjoy the farm experience with room to ride a motorbike or perhaps a pony. The possibilities are endless.

**Additionally - you can purchase adjoining parcels to extend the farm.
46 Acres or 159 acres with river flats running through the Lang Lang River.

Disclaimer-we have obtained all information in this document from sources we believe to be reliable; however-we cannot guarantee its accuracy. Prospective purchasers / leasees are advised to carry out their own investigations.

Property History for 85 Olsens Rd, Poowong East, VIC 3988

A timeline of how this property has performed in the market
Last Sold
$1,250,000
06 May 2021
  • 06 May 2021
    Sold for $1,250,000
  • 12 Dec 2020
    Listed for Sale $1,200,000 - $1,300,000
  • 17 Dec 1992
    Sold for $325,000
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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.

Suburb Insights for Poowong East 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.