We are proud to present this 45 Acres / 18.28 Ha prime parcel located in the fertile peat district of Iona. If you are a farmer, investor or a contractor seeking extensive shed storage, run a horticultural operation, livestock breeder or land bank - the options are endless.
The Land includes:
* Utility shed
Situated within close proximity to the Pakenham Racing Club in Tynong (approx. 14 km), 4 mins to Iona cricket club, 5 mins to Catani Football Club, 9 mins to Bayles Primary school as well as the major townships of Pakenham (approx. 27 km) and Warragul 25 minute (approx.) drive. This property is one of a kind and will be the very fortunate acquisition of the new purchaser for future growth and enjoyment.
The size of Iona is approximately 24.6 square kilometres. The population of Iona in 2016 was 228 people. By 2021 the population was 240 showing a population growth of 5.3% in the area during that time. The predominant age group in Iona is 10-19 years. Households in Iona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Iona work in a managers occupation.In 2021, 86.10% of the homes in Iona were owner-occupied compared with 84.50% in 2016.
Iona has 133 properties. Over the last 5 years, Houses in Iona have seen a 15.47% increase in median value. As at 31 May 2026:
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