Located in the popular Koonwarra region, this 5 acre parcel of land with a 'renovators delight' may just be the project you have been waiting for!
The property features 5 acres of gently rolling country and is surrounded by farm land and rural properties. The land itself features a large grazing paddock with a dam for stock water and a separate house yard for the home and shedding. The home is a 3 bedroom with open plan living, one bathroom, timber kitchen, wood heater and North facing living with front veranda. There are two lock up sheds on the property for storage as well as tank water storage tanks for domestic use.
The home is surrounded by established trees as well as tree shelter belts around the dam. With the recent diversion of the South Gippsland Highway, this property is now located on a 'no through road' with very little traffic passing by and easy access to the highway less than 1km away. Also, the beautiful hamlet of Koonwarra and the famous South Gippsland Rail Trail are both less than 2km from your front door.
This property is in need of some love to make it your own, however the location is highly sought after and might be the perfect opportunity to improve the infrastructure and have yourself a great rural property to call your own. For an inspection, please contact Emily 0422 622 299 or Andrew 0402 940 320.
Inspections strictly by appointment only.
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 6.59% increase in median value, while Units have seen a -57.19% decrease. As at 31 March 2026:
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