338 Grassmere-Hexham Rd, Grassmere is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1983. The property has a land size of 121073m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in November 1982.
Impeccably presented and meticulously maintained, this brick family home on an allotment of 30 acres is a rare commodity approximately 20 minutes from the Warrnambool CBD.
The home boasts three generously sized bedrooms and two well-appointed bathrooms. The inviting lounge features raked ceilings that create a sense of openness and character, complemented by a split system and wood heating for year-round comfort.
The kitchen and dining area flows seamlessly to the outdoor entertaining space while outside an oversized garage provides ample room for vehicles and storage. A separate shed (9m x 12m) adds versatility for hobbies, machinery, or additional workspace. The block is divided into 6 paddocks with good fencing and modern concrete troughs, along with timber stockyards, a loading race, and a small hay shed. A reliable bore ensures a consistent water supply, supporting both household and land needs.
This is a rare opportunity to secure a beautifully maintained rural property in a highly sought-after location.
This impressive lifestyle property offers space, comfort, and seclusion without compromising on access to town amenities.
The size of Grassmere is approximately 98.6 square kilometres. The population of Grassmere in 2016 was 402 people. By 2021 the population was 385 showing a population decline of 4.2% in the area during that time. The predominant age group in Grassmere is 10-19 years. Households in Grassmere are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Grassmere work in a managers occupation.In 2021, 76.50% of the homes in Grassmere were owner-occupied compared with 80.50% in 2016.
Grassmere has 201 properties. Over the last 5 years, Houses in Grassmere have seen a 40.80% increase in median value. As at 30 November 2025:
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