20 Drakes Road, Allambee South, VIC 3871 | Property Value & History | OnTheHouse
OFF MARKET

20 Drakes Road
Allambee South VIC 3871

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 134m2
Land area: 21691m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 20 Drakes Rd, Allambee South

Building Type
Rural
Year Built
1940
Floor Size
134m2
Land Size
21691m2
Local Government
South Gippsland
Lot/Plan
1/TP225502

Last Listing description (July 2025)

Nestled along the serene banks of the picturesque Tarwin River, this idyllic 5.75 acre property, boasts a river lease encompassing an additional 3.25 acres of lush river flats, ensuring a lifestyle of privacy, sustainability, and natural beauty on approx. 9 acres.

Perfectly suited for nature lovers and those seeking a peaceful yet productive retreat, this homestead balances tranquillity and modern amenities, with close proximity to the thriving community of Mirboo North.


The Western boundary flaunts extensive river frontage, beautifully re-vegetated to enhance the landscape, while the Eastern boundary offers the quiet seclusion of a no-through road.

Flowing from the lush Strzelecki Ranges to Anderson's Inlet, the Tarwin River provides a stunning backdrop to this fertile allotment, ideal for low-maintenance hay production, grazing or a variety of environmentally conscious ventures.

Poco Dehesa Little Meadow with Big Potential
This thoughtfully improved home offers both country charm and comfort. The residence features three generously sized bedrooms, an open-plan living area, and extensive renovations designed for modern living.

Internal upgrades include fresh plastering and painting, the restoration of timber floors as well as the removal of asbestos.

Enhanced heating and cooling efficiency is ensured with wall insulation, double glazing in key areas and solid fuel heating with a heat transfer system; complimented by a split system, and a newly installed induction stove for convenience.

The recently refurbished downstairs rumpus room and adjoining protected outdoor entertaining area make this home ideal for relaxing or hosting guests. Whilst the bathroom has been tastefully updated, with a separate toilet off the mudroom and laundry adding practicality.

Outdoor Excellence
This property's outdoor features are a dream for the self-sufficient and environmentally conscious.

Your kids and pets will enjoy the freedom of space, with sprawling lawn, an inviting fire pit area and a fully fenced 1-acre house yard surrounding the home; providing peace of mind and a harmonious environment for your family to enjoy. Whilst the meticulously planned grounds include:
A 500sqm irrigated vegetable garden and a 10sqm double-walled greenhouse.
Over 50 fruit trees planted on contour, along with 1,000 native trees and shrubs to enhance biodiversity.
Three Landcare-supported plantings along the river.

The property is expertly equipped for sustainable livestock management, with electric fencing across six paddocks, contour fencing to prevent erosion, and a 1 inch pipe stock watering system.

Additional infrastructure includes a 9x9m shed, new double carport, lamb holding area, and a chicken coop with paddock.

Enhanced Sustainability and Safety
Recent improvements reflect a commitment to sustainability and comfort:
A new 70,000L water tank, upgraded plumbing, and culvert drainage.
An 8.1kW solar system with dual inverters.
Double-layer roof insulation, house restumping, and the removal of large gums for improved safety and sunlight.

A stock and domestic water right to the river ensures an abundant and reliable water supply, adding to the property's resourcefulness.

A Lifestyle Opportunity with Room to Grow
While significant upgrades have transformed this property into an eco-friendly haven, opportunities remain for creative, personal touches to elevate it further.

With riverside properties in high demand, this unique retreat is less than 2 hours from Melbourne and in a perfect 40 minute triangle to Traralgon, Warragul & Inverloch. Offering a rare chance to embrace a sustainable lifestyle, surrounded by natural beauty, while still within reach of modern conveniences.

Experience the serenity, and potential of this remarkable propertya special opportunity to own your slice of riverside paradise.

Property History for 20 Drakes Rd, Allambee South, VIC 3871

A timeline of how this property has performed in the market
Last Sold
$435,000
19 Feb 2019
  • 19 Jan 2025
    Listed for Sale $700,000 - $750,000
  • 19 Feb 2019
    Sold for $435,000
  • 12 Feb 2004
    Sold for $203,000
Sign in to see more transactions
Commute Calculator

About Allambee South 3871

The size of Allambee South is approximately 10.3 square kilometres. The population of Allambee South in 2016 was 76 people. By 2021 the population was 61 showing a population decline of 19.7% in the area during that time. The predominant age group in Allambee South is 60-69 years. Households in Allambee South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Allambee South work in a managers occupation.In 2021, 110.70% of the homes in Allambee South were owner-occupied compared with 103.50% in 2016.

Allambee South has 44 properties. As at 31 January 2026:

  • The median value for Houses in Allambee South is $961,604 while the median value for Units is $239,070.
There are currently no properties listed for sale, and no properties listed for rent in Allambee south on OnTheHouse. According to Cotality's data, no properties were sold in the past 12 months in Allambee south.

Suburb Insights for Allambee South 3871

Market Insights
Allambee South Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Allambee South Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.