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Sold on 05 Jan 2024 - Price Unavailable

1592 Tarra Valley Road
Tarra Valley VIC 3971

Bedrooms: 5
Bathrooms: 2
Car spaces: 11
Floor area: 235m2
Land area: 27ac
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Property Details for 1592 Tarra Valley Rd, Tarra Valley

1592 Tarra Valley Rd, Tarra Valley is a 5 bedroom, 2 bathroom AcreageSemi-rural with 11 parking spaces. The property has a land size of 27ac and floor size of 235m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 5 bedroom AcreageSemi-rural sold in Tarra Valley in the last 12 months.

Building Type
AcreageSemi-rural
Floor Size
235m2
Land Size
27ac
Local Government
Wellington
Lot/Plan
1/PS619479

Last Listing description (January 2024)

Properties such as this rarely appear on the open market. A huge double storey home set on the Tarra Valley Road immediately across from the picture book Tarra River.

This home has been in the same family since the 1950's and has been well loved over the decades. Whilst it will now benefit from some modernisation it is the location which is unparalleled.

Situated on 27 acres whereby the "top paddock" offers views over the rural town of Yarram and beyond it is the amenities which also contribute to what is truly a magnificent location. Thirty metres from double sliding doors is a natural waterfall. Multiple large sheds and beautiful natural environment. The wildlife includes a resident emu!.

The home comprises 5-6 bedrooms with the upstairs area boasting a second bathroom. Large living spaces with adjoining kitchen (recently installed) with granite benchtops. There is a deck on the outside of the home on the upper storey to take in the beauty of this lovely place.

Opportunities to buy a property in this location are seldom found and then to find one with acreage is even rarer.

This home will suit either permanent living or would make a spectacular getaway home. It needs to be seen to be appreciated.

PRICE ADJUSTMENT $790,000 - $800,000 range

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

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Property History for 1592 Tarra Valley Rd, Tarra Valley, VIC 3971

A timeline of how this property has performed in the market
Last Sold
05 Jan 2024
  • 05 Jan 2024
    Sold for $755,000
  • 30 Dec 2022
    Listed for Sale $800,000
  • 22 Sep 1989
    Sold for $160,000

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About Tarra Valley 3971

The size of Tarra Valley is approximately 36 square kilometres. It has 2 parks covering nearly 41.8% of total area. The population of Tarra Valley in 2011 was 477 people. By 2016 the population was 60 showing a population decline of 87.4% in the area during that time. The predominant age group in Tarra Valley is 60-69 years. Households in Tarra Valley are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tarra Valley work in a professional occupation. In 2011, 87% of the homes in Tarra Valley were owner-occupied compared with 100% in 2016..

Tarra Valley has 51 properties. Over the last 5 years, Houses in Tarra Valley have seen a 22.26% increase in median value, while Units have seen a 153.57% increase. As at 31 July 2024:

  • The median value for Houses in Tarra Valley is $703,366 while the median value for Units is $265,015.
There are currently 1 property listed for sale, and no properties listed for rent in Tarra valley on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Tarra valley.

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