OFF MARKET

985 Ruby-Arawata Road
Ruby VIC 3953

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 200000m2
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Property Details for 985 Ruby-Arawata Rd, Ruby

Building Type
Rural
Land Size
200000m2
Local Government
South Gippsland
Lot/Plan
4/LP126782

Last Listing description (November 2022)

RUBY - 50 ACRES OF RURAL - Rural Zoning
(Deceased Estate)

Great grazing country, great for hay and cropping, minutes to Korumburra and Leongatha.

Well watered, includes 5 dams, corner allotment with road frontage, stockyard, small shed, electricity servicing main fences, small creek during winter, 4 x 4 accessible over most of this property.

Whether you are looking for a turn-out block of land, weekender, or turn hobby farm the farm has what you need. The previous owner managed approx 50 head of cattle all year round. Top paddock approx 10 acres producing approx 100 bales of hay depending on the seasons, easily you can produce more. Currently tenanted to March 2023.

Hobby farmers, please note there is no homestead on the site, you will need to speak to the council
( Shire of South Gippsland ) to seek any approval with your business plans should you want to build.

Please see the links below for your perusal and due diligence.
http://planning-schemes.delwp.vic.gov.au/schemes/vpps/35_07.pdf
http://planning-schemes.delwp.vic.gov.au/schemes/southgippsland/ordinance/22_lpp05_sgip.pdf
http://planning-schemes.delwp.vic.gov.au/schemes/southgippsland/ordinance/22_lpp06_sgip.pdf

Tap into the new rail trail out the front and give the tourist something to check out. Become part of a thriving community, sports, theatre, fishing, and boating, not far away ..
Ideal little getaway..

https://www.southgippsland.vic.gov.au/homepage/333/great_southern_rail_trail_projects
https://www.railtrails.org.au/2019-2/827-the-fabulous-great-southern-rail-trail-in-south-gippsland-is-to-be-extended

Property History for 985 Ruby-Arawata Rd, Ruby, VIC 3953

A timeline of how this property has performed in the market
Listed for Rent
$345/w
18 Nov 2022
  • 21 Sep 2022
    Listed for Rent - Price not available
  • 02 Mar 2022
    Listed for Sale Not Disclosed
  • 02 Mar 2022
    Listed for Rent - Price not available
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About Ruby 3953

The size of Ruby is approximately 18.7 square kilometres. The population of Ruby in 2011 was 437 people. By 2016 the population was 200 showing a population decline of 54.2% in the area during that time. The predominant age group in Ruby is 40-49 years. Households in Ruby are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ruby work in a managers occupation. In 2011, 80% of the homes in Ruby were owner-occupied compared with 80.6% in 2016..

Ruby has 87 properties. Over the last 5 years, Houses in Ruby have seen a 92.39% increase in median value. As at 30 September 2024:

  • The median value for Houses in Ruby is $1,119,705 while the median value for Units is $425,269.
There are currently 2 properties listed for sale, and no properties listed for rent in Ruby on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Ruby.

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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.