With timber flooring, high ceilings and light filled rooms, this home is not without its charm, however the real gem here is the unmatched potential to be found on the 4000sqm (approx.) block in the heart of the Bellarine Peninsula. Nestled next to Ket Bakery and other similar sized rural residential blocks, this large allotment has a leafy outlook with established gardens and lawn areas. Whilst everything is in need of a tidy up, if you look past this you will see some amazing potential, both in the home and the block.
In a prime Bellarine location, close to everything the Bellarine has to offer, including ocean beaches, bay beaches, wineries, cafes, golf courses etc, this property will enable an enviable coastal lifestyle. Practically, it's zoned RLZ (Rural Living Zone) which allows some rural uses to occur and there are a number of small and large businesses in the same local area, so this property could provide the space and visibility to support your exciting new business venture.
The size of Wallington is approximately 36.9 square kilometres. It has 5 parks covering nearly 14.3% of total area. The population of Wallington in 2011 was 1,292 people. By 2016 the population was 1,355 showing a population growth of 4.9% in the area during that time. The predominant age group in Wallington is 10-19 years. Households in Wallington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallington work in a professional occupation. In 2011, 90.2% of the homes in Wallington were owner-occupied compared with 88.3% in 2016.
Wallington has 634 properties. Over the last 5 years, Houses in Wallington have seen a 57.46% increase in median value, while Units have seen a 34.40% increase. As at 30 November 2024:
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