OFF MARKET

25 Welshpool Road
Toora VIC 3962

Bedrooms: -
Bathrooms: 6
Car spaces: -
Land area: 5662m2
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Property Details for 25 Welshpool Rd, Toora

Building Type
Rural
Land Size
5662m2
Local Government
South Gippsland
Lot/Plan
1/TP85259

Last Listing description (October 2014)

Unique Freehold Development Opportunity!
Private Nursing Home & Rehabilitation Centre Landmark property in prominent position overlooking Corner Inlet and Wilsons Promontory National Park. Large land holding of 5643 m? situated on two (2) Titles. Includes 18 room facility (accommodating 30-32 people) Large fully equipped commercial kitchen. Dinning room and formal lounge with exceptional bay windows capturing the views. Currently being amended to Rural Activity Zone by the South Gippsland Shire Council. Proposed uses include (STCA): Accommodation/Backpackers Facility or Hostel Conference/Reception Centre Private Nursing Home or Rehabilitation Centre Catchment population to Wilsons Promontory National Park major tourist destination, fishing village Port Welshpool, boat ramps at Corner Inlet, Welshpool and Toora The South Gippsland Shire attracts an estimated 1.1 million visitors annually, composing of 577,000 day trip visitors, and 573,000 overnight visitors. Almost half of all overnight visitors stay in holiday homes. 18% are staying in caravans and camping and 16% stay in cabin accommodation. Whilst visiting a national park (72%) and going to the beach (56%) were the most popular activities for visitors. In accordance with the South Gippsland Shire Council Rural Tourism Development Strategy 2010 it has been identified that there is a gap in Backpacker accommodation; Country Guest House or farm stay accommodation (in rural areas).

Property History for 25 Welshpool Rd, Toora, VIC 3962

A timeline of how this property has performed in the market
Last Sold
$485,000
29 Apr 2014
  • 29 Apr 2014
    Sold for $485,000
  • 02 Dec 2013
    Listed for Sale $600,000
  • 20 Apr 1979
    Sold for $34,500

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About Toora 3962

The size of Toora is approximately 52.6 square kilometres. The population of Toora in 2011 was 886 people. By 2016 the population was 682 showing a population decline of 23.0% in the area during that time. The predominant age group in Toora is 60-69 years. Households in Toora are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toora work in a managers occupation. In 2011, 77.1% of the homes in Toora were owner-occupied compared with 71.6% in 2016.

Toora has 554 properties. Over the last 5 years, Houses in Toora have seen a 55.65% increase in median value. As at 31 October 2024:

  • The median value for Houses in Toora is $451,233 while the median value for Units is $425,251.
  • Houses have a median rent of $235.
There are currently 8 properties listed for sale, and 1 property listed for rent in Toora on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Toora.

Suburb Insights for Toora 3962

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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.