40 Egans Road, Koonwarra, VIC 3954 | Property Value & History | OnTheHouse
OFF MARKET

40 Egans Road
Koonwarra VIC 3954

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Floor area: 240m2
Land area: 11483m2
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Property Details for 40 Egans Rd, Koonwarra

40 Egans Rd, Koonwarra is a 5 bedroom, 3 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 11483m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2000
Floor Size
240m2
Land Size
11483m2
Local Government
South Gippsland
Lot/Plan
CP158673

Last Listing description (October 2023)

Located close to the gorgeous village of Koonwarra is this lovely property that not only offers a 3-bedroom residence, but also a fully self-contained, 2-bedroom cottage that provides an excellent opportunity for a secondary source of income.

This property of approximately 2.74 acres, with manicured lawns and gardens, in an elevated setting, has a beautiful ambience and nothing but peace and quiet!

Featuring:

- A quality built 3-bedroom main residence with open plan kitchen/dining area
- Cosy lounge room with solid wood fire and ducted heating throughout
- Fully appointed kitchen with a generous walk-in pantry
- A second living/entertainment area, perfect for family gatherings
- Master bedroom complete with built in robes and a massive ensuite
- Gorgeous central bathroom with separate shower, bath and vanity
- Remaining two bedrooms are very generous in size
- Lovely outdoor, alfresco area overlooking the garden
- Abundant fruit trees, citrus trees and veggie boxes
- Secure chook pen
- Securely fenced paddock for the animals as well as a dam

- A 2 bedroom fully self- contained cottage, complete with kitchen/dining area and cosy lounge
- Decking, BBQ area and private courtyard surroundings
- Easily managed on Airbnb, with continual and repetitive occupancy rates providing a constant stream of income
- Sale includes social media page and an opportunity to tap into an established clientele
- Close proximity to the popular villages of Koonwarra and Meeniyan, Wilson's Promontory National Park, Corner Inlet, beautiful beaches, The Great Southern Rail Trail, Inverloch, Agnes Falls, Tarra Valley, Port Albert and also the gorgeous eateries and wineries that are on offer here in South Gippsland

The current vendors have lovingly created this property as a private residence, as well as a place to provide a secondary income - Credit to the Vendors on what they have established, all the hard work has been done! So, if you're looking to relocate to the peacefulness of a rural setting, and earn an income at the same time, then this is for you! Please contact Kellie Thomas on 0438 647 449 or kellie.thomas@nh.com.au to arrange an inspection.

Property History for 40 Egans Rd, Koonwarra, VIC 3954

A timeline of how this property has performed in the market
Last Sold
$960,000
04 Aug 2023
  • 04 Aug 2023
    Sold for $960,000
  • 17 Feb 2023
    Listed for Sale $1,200,000
  • 17 Jun 2016
    Listed for Sale $550,000 (UNDER OFFER)
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About Koonwarra 3954

The size of Koonwarra is approximately 38.2 square kilometres. The population of Koonwarra in 2016 was 404 people. By 2021 the population was 366 showing a population decline of 9.4% in the area during that time. The predominant age group in Koonwarra is 50-59 years. Households in Koonwarra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Koonwarra work in a managers occupation.In 2021, 88.20% of the homes in Koonwarra were owner-occupied compared with 94.90% in 2016.

Koonwarra has 221 properties. Over the last 5 years, Houses in Koonwarra have seen a 20.63% increase in median value, while Units have seen a -57.19% decrease. As at 31 December 2025:

  • The median value for Houses in Koonwarra is $1,125,237 while the median value for Units is $834,200.
There are currently 3 properties listed for sale, and no properties listed for rent in Koonwarra on OnTheHouse. According to Cotality's data, 6 properties were sold in the past 12 months in Koonwarra.

Suburb Insights for Koonwarra 3954

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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.