237 Illowa Road, Illowa, VIC 3282 | Property Value & History | OnTheHouse
OFF MARKET

237 Illowa Road
Illowa VIC 3282

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 116639m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 17 Aug 2026
Low

High
Save

Property Details for 237 Illowa Rd, Illowa

237 Illowa Rd, Illowa is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 116639m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
House
Land Size
116639m2
Local Government
Moyne
Lot/Plan
1/PS614172

Last Listing description (February 2024)

OCEAN VIEWS & 3 INCOME GENERATING BUSINESSES - 29 Ac / 11.7Ha

- Breathtaking & spectacular ocean and rural views situated in coastal country 8 km west of Warrnambool.
- Perfectly positioned, modern 3 bedroom brick home capturing simply outstanding ocean, wetland & rural views.

- Income generating fully equipped undercover equine complex (75m x 31m) includes Olympic sized riding arena plus 22 horse boxes.
- Income-generating accommodation - recently renovated pet-friendly family cottages (2 x 2 brm) and The Lodge (up to 12 people).
- Income-generating existing horse agistment with subdivision of approx. 20 paddocks - Ideal healthy & fertile horse country.

Numerous options for other uses (STCA) including home based light industry trades, commercial storage and more. Excellent all weather heavy vehicle access, 3 phase power connected and high yielding electric bore.

Property Overview:
High View offers a unique opportunity combining a fabulous lifestyle with income generation from both the tourism and equine sectors. The property offers unparalleled Ocean, Kellys Wetlands and Tower Hill views, arguably the best between Port Fairy and Warrnambool.

High View features a modern (circa. 2000), recently updated 3 bedroom brick home boasting panoramic ocean and rural views. The cornerstone of the property is the horse complex (75m x 31m under roof) complete with an Olympic sized indoor riding arena (60mx20m) and 22 horse boxes. High View is the only undercover horse complex in the immediate Warrnambool area. Additionally, the complex is fully equipped for the public with toilets and showers, tack and storage areas and workshop with excellent all weather float and truck access parking.

High View accommodation provides a strong income stream and whilst there is an inevitable value adding between the equine and accommodation businesses, each operates independently. High View's flagship accommodation are two fully recently renovated 2 bedroom family cottages offering outstanding ocean views. Each cottage can sleep up to 4 people and are pet friendly with dog proof yards at each cottage. The Lodge is budget friendly accommodation and can cater for up to 12 people but also conveniently can be divided into two self-contained units (6 people in each).

High View comprises of 29 Acres (11.7 HA) of fertile and healthy grey sandy loam soil types over limestone, ideal horse country! It is currently subdivided into approximately 20 purpose fenced small horse paddocks accessed by laneways, ideal for its horse agistment business, a third income stream.

High View is perfectly positioned within 8km of the regional hub of Warrnambool's CBD with Dennington Shopping Centre 3.5km. The popular seaside resort of Port Fairy and the charming Irish village of Koroit are within easy commuting distances (19km & 9.5km respectively).

Whilst High View has established equine and accommodation businesses it has great potential for further growth and development. Alternatively, it could be easily adapted for a myriad of other uses and enterprises (STCA) including home based small business, light industry trades, commercial storage and much more, or purely a great place for families or active retirees alike.

Information Memorandum available upon request from exclusive selling Agents:

Penny Adamson 0407 600 767
Nick Adamson 0418 571 589

Property History for 237 Illowa Rd, Illowa, VIC 3282

A timeline of how this property has performed in the market
Last Sold
$2,000,000
22 Dec 2023
  • 22 Dec 2023
    Sold for $2,000,000
  • 24 Mar 2023
    Listed for Sale $2.2 million
  • 15 Nov 2012
    Sold for $850,000
Sign in to see more transactions
Commute Calculator

About Illowa 3282

The size of Illowa is approximately 20.8 square kilometres. There is 1 park within the area. The population of Illowa in 2016 was 304 people. By 2021 the population was 304 showing a stable population in the area during that time. The predominant age group in Illowa is 50-59 years. Households in Illowa are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Illowa work in a professional occupation.In 2021, 84.80% of the homes in Illowa were owner-occupied compared with 86.30% in 2016.

Illowa has 162 properties. Over the last 5 years, Houses in Illowa have seen a 4.90% increase in median value. As at 31 July 2026:

  • The median value for Houses in Illowa is $814,675 while the median value for Units is $535,472.
There are currently 1 property listed for sale, and no properties listed for rent in Illowa on OnTheHouse. According to Cotality's data, 7 properties were sold in the past 12 months in Illowa.

Suburb Insights for Illowa 3282

Market Insights
Illowa 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
Illowa 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.