OFF MARKET

51 Powneys Road
Tarwin Lower VIC 3956

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 10692m2
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Property Details for 51 Powneys Rd, Tarwin Lower

Building Type
Rural
Land Size
10692m2
Local Government
South Gippsland
Lot/Plan
1/PS406719

Last Listing description (October 2022)

Positioned in a highly desirable area for those seeking a rural lifestyle property within close proximity to Tarwin Lower, Inverloch & Leongatha. The comfortable studio home embraces a stunning elevated position offering expansive rural & sea views out to the Inlet. On entry to the home, via a wide veranda, a well-appointed cosy kitchen links to a large studio living area with study nook & bedroom accommodation plus bathroom with shower, vanity, toilet & Euro laundry facilities. A huge carport on the north side of the home can be converted to extra bedrooms if desired. Other features include shed with power, large dam, pump, excellent fencing & water. House: 89sqm (plus verandah, carport and shed) Land: 2.5 acres

Property History for 51 Powneys Rd, Tarwin Lower, VIC 3956

A timeline of how this property has performed in the market
Last Sold
$970,000
27 Sep 2022
  • 27 Sep 2022
    Sold for $970,000
  • 31 Aug 2022
    Listed for Sale $995,000
  • 02 Dec 2013
    Listed for Sale $395,000
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About Tarwin Lower 3956

The size of Tarwin Lower is approximately 206.4 square kilometres. It has 1 park covering nearly 8.8% of total area. The population of Tarwin Lower in 2011 was 360 people. By 2016 the population was 374 showing a population growth of 3.9% in the area during that time. The predominant age group in Tarwin Lower is 60-69 years. Households in Tarwin Lower are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tarwin Lower work in a managers occupation. In 2011, 73.8% of the homes in Tarwin Lower were owner-occupied compared with 81.7% in 2016.

Tarwin Lower has 418 properties. Over the last 5 years, Houses in Tarwin Lower have seen a 92.23% increase in median value, while Units have seen a -28.59% decrease. As at 31 October 2024:

  • The median value for Houses in Tarwin Lower is $868,531 while the median value for Units is $785,585.
There are currently 12 properties listed for sale, and 1 property listed for rent in Tarwin lower on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Tarwin lower.

Suburb Insights for Tarwin Lower 3956

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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.