SOLD
Sold on 02 Feb 2024 for $2,875,000

5490 Great Ocean Road
Wongarra VIC 3234

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 485624m2
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Property Details for 5490 Great Ocean Rd, Wongarra

5490 Great Ocean Rd, Wongarra is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 485624m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Wongarra in the last 12 months.

Building Type
House
Land Size
485624m2
Local Government
Colac Otway
Lot/Plan
1/TP223643

Last Listing description (March 2024)

This incredible ocean front farm property has it all, including spectacular panoramic views from Cape Patton to Apollo Bay and beyond, and way out to the Bass Strait horizon.

This rare, exciting and totally unique property offers flexibility to pursue many interests and/or investment choices. A rural lifestyle, a holiday beach house by the sea, a hobby farm requiring minimal management, a rental income opportunity, or an incredible location to build your ocean front dream home with a separate cottage on site while construction is underway. The choice is yours.

The property is approx.120 acres with clean and well cared for pasture, separated into 11 paddocks for stock rotation. It has good quality fencing, a new shearing shed, sheep yards, cattle yards, cattle crush, 2 loading ramps for a stock trailer or a stock truck, and abundant water supply. There is permanent water from the bordering Von Mueller creek, along with 6 dams, and water troughs in every paddock.

The beauty of the property is enhanced by 20 acres of bush sanctuary, home to koalas, echidnas and a family of wallabies. Wonderful birdlife is a feature across the whole property. There is also a picturesque path leading to a private waterfall. The galvanised steel viewing platform and staircase gives easy access to the waterhole and fern gully. There are other hidden paths across the property leading to natural treasures.

Entry to the property from the Great Ocean Road is via a recently upgraded driveway that winds up to the residences. On arrival, the ocean views are magnificent and the well maintained farm paddocks give a striking backdrop.

There are two residences, a house and cottage side by side in a pretty garden overlooking rolling lawns and out to sea. Positioned well above the Great Ocean Road you cannot see or hear traffic, but you can see the waves breaking and washing over the shoreline rocks below. You can also watch passing ships, yachts and fishing boats, and sometimes migrating dolphins and whales, or gannets diving for fish.

The farm house has one bedroom, one bathroom and a large open plan kitchen, living and dining room with a slow combustion fireplace that radiates warmth throughout the space. The ocean side of the house is wrapped in a wide, full length deck and is a great place to relax and entertain. The farm side of the house has a protected patio area. Nestled between the house and cottage is a sheltered garden sundeck, capturing winter sunshine and an ideal Yoga or quiet space.

The cottage has two bedrooms, a bathroom, ocean side deck and open plan kitchen and living area with a gas firebox and new reverse cycle air conditioning.

New underground 50amp power supply has been installed to each of the house and cottage and a new septic system has also been installed.

The property has a large triple bay double brick roller door machinery shed and storage room, with an attached double carport. Household water is collected from the shed roof into a new 22,000 litre water tank and pumped uphill to another closed water tank to give maximum water pressure, passing through a filtration and UV system before it reaches the house and cottage.

The unspoilt environment of Wongarra makes this a truly unique opportunity where you can live close to nature and the sea. The multiple dwellings, absolute ocean views, established grounds and farmland make this a truly superb property that must be seen to fully appreciate. This is the first time offered for sale in 40 years. Properties like this rarely come on the market with the best of both rural and relaxed coastal lifestyle.

Property History for 5490 Great Ocean Rd, Wongarra, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$2,875,000
02 Feb 2024
  • 02 Feb 2024
    Sold for $2,875,000
  • 22 Jul 2023
    Listed for Sale Not Disclosed
  • 20 Feb 2021
    Transferred

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About Wongarra 3234

The size of Wongarra is approximately 37.9 square kilometres. It has 3 parks covering nearly 94.3% of total area. The population of Wongarra in 2011 was 234 people. By 2016 the population was 34 showing a population decline of 85.5% in the area during that time. The predominant age group in Wongarra is 60-69 years. Households in Wongarra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wongarra work in a managers occupation. In 2011, 77.4% of the homes in Wongarra were owner-occupied compared with 82.3% in 2016..

Wongarra has 76 properties. Over the last 5 years, Houses in Wongarra have seen a 53.68% increase in median value. As at 30 November 2024:

  • The median value for Houses in Wongarra is $1,849,763 while the median value for Units is $299,145.
There are currently 2 properties listed for sale, and no properties listed for rent in Wongarra on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Wongarra.

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Great Ocean Properties - Apollo Bay
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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.