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Sold on 05 Dec 2023 - Price Unavailable

123 Old Orbost Road
Swan Reach VIC 3903

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 23000m2
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Property Details for 123 Old Orbost Rd, Swan Reach

123 Old Orbost Rd, Swan Reach is a 4 bedroom, 3 bathroom AcreageSemi-rural with 2 parking spaces. The property has a land size of 23000m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom AcreageSemi-rural sold in Swan Reach in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
23000m2
Local Government
East Gippsland
Lot/Plan
6/LP205551

Last Listing description (December 2023)

Nestled in the heart of the picturesque Gippsland Lakes region, this exceptional 4 bedroom property offers a unique blend of tranquility and income potential. Boasting panoramic views of Lake King, this residence is a haven for those seeking a lifestyle of serenity amid nature's beauty. Situated conveniently between Lakes Entrance and Bairnsdale, this property provides the perfect balance between seclusion and accessibility. The property comprises of four spacious bedrooms, providing ample space for family and guests. The option of a well-appointed studio apartment including kitchenette, bathroom and separate access or continuation of the main residence, this is currently utilised as a successful Air B & B. The open plan kitchen, dining and living space is enhanced with the outlook that we dream of, great space to entertain family and friends. The floor plan offers a formal spacious dining area or 2nd living plus an additional versatile space that is currently used as a study. Enjoy year round comfort with double glazed windows, ensuring insulation and soundproofing. The property is equipped with a wood heater and split system heating and cooling, catering to all season needs. Embrace sustainable living with solar panels, contributing to both energy efficiency and cost savings. The property features a dam, orchard and vineyard which adds to the appeal, allowing you to cultivate your own fresh produce or indulge in a passion for viticulture. Ample shedding on the property provides space for storage, hobbies or even the potential for further development, catering to a variety of needs. The Gippsland Lakes region is renowned for its outdoor activities, including boating, fishing, and hiking. Embrace the natural beauty that surrounds you. Contact our Office for more details, we are selling 7 days a week.

Property History for 123 Old Orbost Rd, Swan Reach, VIC 3903

A timeline of how this property has performed in the market
Last Sold
05 Dec 2023
  • 24 Nov 2023
    Listed for Sale $880,000
  • 16 Nov 2023
    Sold for $880,000
  • 28 Jan 2016
    Listed for Sale Not Disclosed
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About Swan Reach 3903

The size of Swan Reach is approximately 37.7 square kilometres. It has 1 park covering nearly 13% of total area. The population of Swan Reach in 2011 was 625 people. By 2016 the population was 743 showing a population growth of 18.9% in the area during that time. The predominant age group in Swan Reach is 60-69 years. Households in Swan Reach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Swan Reach work in a trades occupation. In 2011, 78% of the homes in Swan Reach were owner-occupied compared with 79.9% in 2016.

Swan Reach has 491 properties. Over the last 5 years, Houses in Swan Reach have seen a 57.21% increase in median value. As at 30 September 2024:

  • The median value for Houses in Swan Reach is $738,269 while the median value for Units is $263,660.
  • Houses have a median rent of $300.
There are currently 11 properties listed for sale, and no properties listed for rent in Swan reach on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Swan reach.

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Kirsten Benton
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KING & HEATH FIRST NATIONAL - Bairnsdale
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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.