OFF MARKET

720 Walkerville Road
Tarwin Lower VIC 3956

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4941105m2
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Property Details for 720 Walkerville Rd, Tarwin Lower

Building Type
Rural
Land Size
4941105m2
Local Government
South Gippsland
Lot/Plan
2002/PP3564

Last Listing description (November 2016)

'Burrabadeen' and 'Nardoo' offer two of South Gippslands most prominent properties.
Ideally located just 2.5 kilometres east of Tarwin Lower, 'Burrabadeen' and 'Nardoo' offer the pinnacle in rural living with broadscale flexible income streams, in addition to picturesque ocean coastline.
Rural properties of this calibre are rarely offered to the market, with only three owners in the last 100 years.

Astute investors will immediately recognise the unique characteristics that make 'Burrabadeen' and 'Nardoo' one of Victoria s finest rural holdings.
'Burrabadeen' homestead boasts a famous Guildford Bell designed home with exceptional appointments and positioned in a picturesque English and native treed garden and lawn setting, providing a curtain of privacy and brilliant spring texture surrounding the homestead.
'Burrabadeen' and 'Nardoo' present quality farming improvements of purpose and function in addition to an all-weather centralised road/laneway providing access throughout both properties.
'Burrabadeen' and 'Nardoo' have been extremely well managed over the course of ownership, with exemplary fertiliser and pasture management practices being pursued.
The unique layout and topography of these properties, along with several kilometres of pristine and untouched coastline with uninterrupted panoramic views of the sandy beaches and Bass Strait, offer unlimited potential beyond their agricultural capabilities and potentially lend itself to a luxury resort, world class golf course and/or eco-tourism pursuits.
For sale by Expression of Interest closing Thursday 15th December 2016 at 5.00 pm at the offices of Elders Melbourne.

Property History for 720 Walkerville Rd, Tarwin Lower, VIC 3956

A timeline of how this property has performed in the market
  • 02 Nov 2016
    Listed for Sale by Expression of Interest

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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 98.52% increase in median value, while Units have seen a -28.59% decrease. As at 30 November 2024:

  • The median value for Houses in Tarwin Lower is $882,073 while the median value for Units is $805,278.
There are currently 11 properties listed for sale, and no properties listed for rent in Tarwin lower on OnTheHouse. According to CoreLogic's data, 6 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.