1990 Tarra Valley RoadTarra Valley VIC 3971
Property Details for 1990 Tarra Valley Rd, Tarra Valley
1990 Tarra Valley Rd, Tarra Valley is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 19261m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (December 2020)
In a truly stunning pristine wilderness location, this property has two houses, a self contained one room apartment and a huge shed with studio and loft bedroom.
The property is on the edge of the lush rainforest of the Tarra Bulga National park and is only 50 metres from the Tarra River, and surrounded by the emerald green, semi-forested pasture land of the sheltered Tarra Valley.
The houses are set on 2ha (5 acres) of land, 3 acres semi-forested, and 2 acres of permaculture gardens, filled with berry and fruit trees, lavender paths, comfrey bushes, herbs, old French rose hedges, young avocados, young mulberries, lots of asparagus, an old, overgrown orchard and some wild areas for you create with.
The main house is large and spacious with thick blonde bamboo floorboards throughout. 4 bedrooms with a study, spacious decking, stunning views.
The second house is newly renovated with 2 bedrooms, and gorgeous interior design, with huge abstract wall paintings by established Melbourne artist William Holt.
Currently being used as an accommodation/rainforest retreat business which you can check out on airbnb by searching "tarra valley". The space is ideal for teaching meditation and healing to retreat clients.
The separate apartment space has a lovely peaked wooden ceiling and an ensuite bathroom. This space is also being used currently as an airbnb/retreat space. Both spaces have been booked out over the holiday period, and have been generating an income of about $1600 a week during this peak time of Christmas, new year, and early to mid jan. Both spaces are listed on airb'n'b and you can check them out thru that site and check out all the lovely positive reviews from guests.
The huge shed on the property, very close to the river, is currently being used as an artists studio and has a built in studio room with a low ceiling loft bedroom above it. The studio and loft are ultra insulated and have all double glazed windows and a great wood heater. In the last 3-4 years we have installed two giant water tanks with new plumbing (one tank is a reserve that we have never had to use) , solar panels and solar hot water service, double insulation under the main house and double insulation in the roof.
This is one of the very few properties with multiple spacious buildings for creative uses not too far from Melbourne that is genuinely in a stunning rainforest location.
The gorgeous wilderness location makes it truly viable as a tourist type business if you are interested in a lifestyle property.
Property History for 1990 Tarra Valley Rd, Tarra Valley, VIC 3971
- 16 Feb 2021Sold for $560,000
- 20 Oct 2017Listed for Sale Not Disclosed
- 12 Aug 2015Listed for Sale $699,000
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0About 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 52 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 30 November 2024:
- The median value for Houses in Tarra Valley is $814,462 while the median value for Units is $315,670.
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