Located over half an hour from Bairnsdale is this slightly undulating property. Consisting of approximately 150 hectares, it is in the process of being harvested, with the stumps remaining. The option is there for the redemption of the paddocks and could easily be improved and enhanced to suit your farming requirements. The property also comprises of tracks, water available and a sandy loam soil type.
Expressions of interest close Friday 20th December, 2019.
The size of Fernbank is approximately 120.5 square kilometres. There are 2 parks, covering nearly 9.3% of the total area. The population of Fernbank in 2016 was 152 people. By 2021 the population was 194 showing a population growth of 27.6% in the area during that time. The predominant age group in Fernbank is 60-69 years. Households in Fernbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fernbank work in a managers occupation.In 2021, 91.40% of the homes in Fernbank were owner-occupied compared with 85.70% in 2016.
Fernbank has 170 properties. Over the last 5 years, Houses in Fernbank have seen a 39.68% increase in median value, while Units have seen a 178.48% increase. As at 30 April 2026:
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