914 Target Creek RoadLicola VIC 3858
Property Details for 914 Target Creek Rd, Licola
914 Target Creek Rd, Licola is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 7385500m2.
Last Listing description (December 2025)
For Sale by Expressions of Interest - Closing 4:00pm, Friday 20 February 2026
Presented to the market for the first time in 96 years, Primrose Gap is a landmark 1,800-acre (approx.) opportunity in one of Victoria's most pristine and tightly held regions. Set at 914 Target Creek Road, Licola, this rare large-scale holding combines natural beauty, agricultural strength, and significant long-term potential.
Located at 914 Target Creek Rd, Licola. Its proximity to the Victorian High Country, Licola's rare status as a 'Privately owned town', making properties in this region tightly held and highly sought-after. This expansive property combines impressive natural assets with genuine long-term income potential-making it an outstanding option for investors, primary producers and environmental enterprises alike.
Property Overview
- Approx. 740ha (1,825 acres) across 5 titles
- Modest 3-bedroom, 1-bathroom homestead
- High-grade cattle handling infrastructure, including crush, drafting pound, secure yards, loading race and holding paddocks
- Excellent water security with dams, natural springs and Macalister River frontage
- Water tank that is gravity-fed from a reliable dam with troughs that service the yards and holding paddocks
- Extensive fencing with 17 paddocks (approx.)
- Large machinery/workshop shed with loft-ideal for storage or group accommodation
- Bitumen road frontage via Jamieson-Licola Road plus gravel road access from both Target Creek Road & Link Road
- Significant timber assets supported by established coupe plans-providing a valuable advantage for buyers seeking immediate and long-term forestry opportunities
- Multiple elevated house sites offering 360-degree views across mountains, rolling country and untouched wilderness-these outlooks provide a stunning backdrop for future development, tourism ventures, or simply enjoying the breathtaking scenery for yourself.
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Agricultural Capability
Currently operating as a proven and productive beef enterprise, the property supports approximately 240 Angus breeding cows plus followers. Its carrying capacity, quality grazing areas, and reliable water sources offer immediate value for livestock operators or those seeking to expand their existing agricultural operations.
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Title Breakdown
Lot 1A - 225ha / 555 acres (approx.)
Includes the homestead; frontage to Jamieson-Licola Road & Target Creek Road; timbered areas with coupe plans.
Lot 2 - 116ha / 286 acres (approx.)
Frontage to Target Creek Road & Link Road; includes cattle yards and approx. 4 paddocks.
Lot 3A - 111ha / 274 acres (approx.)
Frontage to Jamieson-Licola Road & Target Creek Road; mixed timbered and open country.
Lot 4 - 176ha / 434 acres (approx.)
Macalister River frontage; access via shared road.
Lot 6 - 112ha / 276 acres (approx.)
Frontage to Target Creek Road; approx. 7 paddocks.
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For Sale by Expressions of Interest
Available as a whole or as individual titles, with written offers closing 4:00pm, Friday 20 February 2026.
For an Information Memorandum or to arrange a private inspection, please contact the exclusive selling agents:
Gippsland Real Estate - Sale
Leo O'Brien - 0409 143 668
Jarrod Freeman - 0439 707 253
Alex Scott & Staff - Sale
Aaron Ralph - 0456 215 087
Max Odoherty - 0419 286 920
Property History for 914 Target Creek Rd, Licola, VIC 3858
- 24 Nov 2025Listed for Sale For Sale Now by Expressions of Interest
Recent sales nearby
See more recent sales nearby
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0About Licola 3858
The size of Licola is approximately 246.5 square kilometres. It has 4 parks covering nearly 41.0% of total area. The population of Licola in 2016 was 11 people. By 2021 the population was 7 showing a population decline of 36.4% in the area during that time. The predominant age group in Licola is 100+ years. Households in Licola are likely to be repaying under $300 per month on mortgage repayments. In general, people in Licola work in a clerical occupation.In 2021, 0.00% of the homes in Licola were owner-occupied compared with 75.00% in 2016.
Licola has 42 properties. Over the last 5 years, Houses in Licola have seen a 94.68% increase in median value. As at 31 December 2025:
- The median value for Houses in Licola is $350,686.
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