SOLD
Sold on 13 Mar 2024 for $1,230,000

85 Powneys Road
Tarwin Lower VIC 3956

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 242m2
Land area: 20032m2
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Property Details for 85 Powneys Rd, Tarwin Lower

85 Powneys Rd, Tarwin Lower is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 20032m2 and floor size of 242m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Tarwin Lower in the last 12 months.

Building Type
House
Year Built
2005
Floor Size
242m2
Land Size
20032m2
Local Government
South Gippsland
Lot/Plan
3/PS406719

Last Listing description (October 2024)

The property is positioned in a tightly held and much sought after rural residential area and yet only minutes to Inverloch and the famous beaches. The substantial level access brick residence on 5 acres approximately sits proudly on an elevated site overlooking the serene rural landscape and out to the sea in the distance.

The introduction to the property creates a sense of expectation as you enter through the long drive past the picturesque pond up to the home. On entry, a wide hall is a welcoming introduction and leads into beautiful light-filled rooms of very generous proportions. The well-equipped
kitchen is absolutely stunning and forms the heart of the home opening brilliantly to the dining and multiple living areas as well as the fabulous north-facing enclosed entertaining area. The kitchen is enhanced by a terrific pantry, new appliances and striking designer pendant lights over the marble central island bench.

The private accommodation is well-defined with five beautifully presented bedrooms. The main suite is situated in the east wing and enjoys a sumptuous new ensuite and walk-in robe whilst a home office with robes could also be utilized as a sixth bedroom. The other bedrooms are cleverly positioned at the other end of the home. A brand-new guest suite bedroom has large robes and its own access to outside and large robes whilst all bedrooms have plush carpets and stylish window furnishings. This area of the home is serviced by a family bathroom, separate toilet and laundry facilities.The home features ducted heating and cooling throughout plus reverse cycle air-conditioning, attractive vinyl plank polished boards, new tapware in the bathrooms, marble benchtops throughout and the presentation is extremely stylish and smart.

Outside, the property offers excellent water storage, solar electricity, double garage, 3 bay machinery shed with facilities, green house with raised productive beds which are fully irrigated and fully fenced
paddocks. A second garage provides excellent storage and the high clearance carport parking for boats, horse floats, caravans or other vehicles near the house is also a much sought-after amenity. The location
offers excellent access to all the lifestyle options one desires for country and urban experiences and the property provides an inspiring choice for living on either permanent or casual basis. House: TBC Land: 5 acres

Property History for 85 Powneys Rd, Tarwin Lower, VIC 3956

A timeline of how this property has performed in the market
Last Sold
$1,230,000
13 Mar 2024
  • 26 Oct 2024
    Listed for Sale $1,350,000-$1,400,000
  • 13 Mar 2024
    Sold for $1,230,000
  • 07 Dec 2023
    Listed for Sale $1,300,000
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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.

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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.