1284 Nareen RoadNareen VIC 3315
Property Details for 1284 Nareen Rd, Nareen
Last Listing description (October 2025)
Wallabadah is a 124 acre/ 50ha (approx.) property offering multiple income opportunities. At present, the property is operating as a successful flower farm, with the opportunity to expand the business beyond $200,000 per year income.
With its fertile and well drained soils, Wallabadah is currently growing around 12 acres of cut flowers, including proteas, king proteas, spinning wheels, blushing brides. The property is blessed with a small private lake and irrigation licence, assisting a number of income streams, potentially including vegetables, lucerne, aquaculture and lot feeding cattle or lambs.
The property also features a substantial family home, offering four bedrooms, two bathrooms and three living areas. The open plan kitchen, living and meals has gas cooking, along with a dishwasher and walk-in pantry, while a separate, formal lounge has a cosy appeal, with a stone fireplace and French doors showcasing garden views.
The addition of a separate, self-contained double storey two-bedroom bungalow at the rear of the main home provides the owners with further accommodation for family members or the potential to rent out and generate further income.
The property is divided into 14 fenced paddocks including horse paddocks with laneway and also features machinery sheds, three stand shearing shed with under cover yards, timber cattle yards and loading ramp, flower packing shed, Olympic size dressage area, stable and tack room.
With the school bus available, this family-friendly property offers buyers with the country lifestyle, along with the requirements to run a productive horticulture venture with the capacity for further growth.
Nareen is situated approximately 25 from Coleraine, with the larger centres of Hamilton (60km) and Mt Gambier (105km) also close by. Inspections are strictly with the selling agents.
Property History for 1284 Nareen Rd, Nareen, VIC 3315
- 16 Aug 2025Sold for $980,000
- 08 May 2025Listed for Sale $1,150,000
- 01 Dec 2023Sold for $899,000
Recent sales nearby
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0About Nareen 3315
The size of Nareen is approximately 217.8 square kilometres. The population of Nareen in 2016 was 93 people. By 2021 the population was 79 showing a population decline of 15.0% in the area during that time. The predominant age group in Nareen is 60-69 years. Households in Nareen are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nareen work in a managers occupation.In 2021, 63.30% of the homes in Nareen were owner-occupied compared with 67.80% in 2016.
Nareen has 78 properties. Over the last 5 years, Houses in Nareen have seen a 120.33% increase in median value. As at 30 June 2026:
- The median value for Houses in Nareen is $1,575,059.
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