16 Schnapper Point Drive, Mallacoota, VIC 3892 | Property Value & History | OnTheHouse
OFF MARKET

16 Schnapper Point Drive
Mallacoota VIC 3892

Bedrooms: 10
Bathrooms: 11
Car spaces: 5
Land area: 4562m2
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Property Details for 16 Schnapper Point Dr, Mallacoota

Building Type
Commercial
Year Built
1903
Land Size
4562m2
Local Government
East Gippsland
Lot/Plan
24/LP118209

Last Listing description (February 2018)

Spectacular views over Mallacoota inlet
Run as a guesthouse since the 1920 s
Walking distance to world heritage listed National Park

Fully equipped business with 11-year track record of growth
Established fruit trees, cottage garden, shed & access to jetty
Small vibrant local community with social, medical & educational facilities
Karbeethong means moonlight shining on water. Artists and poets have tried to capture the feeling of the place for nearly a hundred years however, nothing compares to simply being here. A large number of artists, writers and musicians have visited the lodge & Mallacoota, including E.J. Brady, Banjo Patterson and others, and this tradition of creativity & arts continues in Mallacoota today.
Karbeethong Lodge is a unique, relaxed fully-renovated guest house which dates back to 1903. The building is largely original, apart from the addition of en suites, some reconfiguration of internal spaces and, of course, upgrades to evolving technology such as electricity, plumbing and wireless internet. The Lodge consists of ten guest rooms, lounge, dining and kitchen, outdoor areas, and sweeping verandas overlooking the garden, lake and ranges beyond. Its most recent refurbishment has been in the last ten years with the emphasis in all decisions towards comfort and style while maintaining essential character.
Around half the rooms open onto the wide front veranda with spectacular views over the Mallacoota coastal inlet, famous for its sunsets and superb peaceful vistas. Other rooms have bush views or open onto an internal courtyard.
The owner/manager residence is compact but the best room in the house. Privately located, quiet, and with great views over the water, it comprises lounge/dining, kitchen, bathroom and two bedrooms. There is also a private veranda space, office and an enclosed garden.
History
Karbeethong Lodge is an historic homestead, iconic to the area and built around the turn of the last century. It was turned into a guesthouse in 1920 and has been open to guests ever since. The site of the Lodge was the first land selected for settlement in the area back in the late 1800s. Naturally the Buckland family, the original settlers in the area, chose the best spot to build their homestead high over the lake, protected from wind & storms, with great views and fertile soil.

Property History for 16 Schnapper Point Dr, Mallacoota, VIC 3892

A timeline of how this property has performed in the market
Last Sold
$1,500,000
01 May 2018
  • 01 May 2018
    Sold for $1,500,000
  • 27 Sep 2014
    Listed for Sale $1.6 million
  • 04 Sep 2001
    Sold for $620,000
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About Mallacoota 3892

The size of Mallacoota is approximately 242.5 square kilometres. It has 13 parks covering nearly 106.2% of total area. The population of Mallacoota in 2016 was 1063 people. By 2021 the population was 1183 showing a population growth of 11.3% in the area during that time. The predominant age group in Mallacoota is 60-69 years. Households in Mallacoota are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mallacoota work in a labourer occupation.In 2021, 78.30% of the homes in Mallacoota were owner-occupied compared with 79.00% in 2016.

Mallacoota has 1,294 properties. Over the last 5 years, Houses in Mallacoota have seen a 23.17% increase in median value, while Units have seen a 37.10% increase. As at 31 March 2026:

  • The median value for Houses in Mallacoota is $485,236 while the median value for Units is $311,549.
  • Houses have a median rent of $2,100.
There are currently 52 properties listed for sale, and 3 properties listed for rent in Mallacoota on OnTheHouse. According to Cotality's data, 23 properties were sold in the past 12 months in Mallacoota.

Suburb Insights for Mallacoota 3892

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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.