488 High Forest Road, Omeo, VIC 3898 | Property Value & History | OnTheHouse
OFF MARKET

488 High Forest Road
Omeo VIC 3898

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 417231m2
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Property Details for 488 High Forest Rd, Omeo

Building Type
Rural
Year Built
2011
Land Size
417231m2
Local Government
East Gippsland
Lot/Plan
2011/PP2150

Last Listing description (July 2017)

Mt George is at an altitude of over a 1,220 meters and is located in the High Country of the Victorian Alps. This 43.58ha (107.69 acres) is the highest farming acreage for sale in Australia. In 12 years of selling Alpine Property we have never seen a property with views this good. Spectacular panoramic views across valleys to Mt Hotham, Falls Creek, Bogong High Plains and most of the Victorian snow covered Alps.
With a combination of natural timberland sections along with pastures for cultivation purposes and cleared areas. The Farming zoning provides opportunities for live stock to prosper, cultivate crops or enjoy the pleasures of native alpine wildlife. The entire boundary and the house site is fully fenced with solar powered electric plus extra fenced paddocks and round yards. Perfect for horses, alpacas, cattle, goats, sheep or do nothing and enjoy the lifestyle.
Property infrastructure has been build to withstand high winds and snow loading including a separate cabin, a barn residence plus two sheds. The stables, round yards and fencing have been built to last.

Full solar power system for electricity, gas cooking and numerous water tanks plus dam. The property is being sold fully furnished as advertised and inspected plus all plant and equipment is also included in the sale.

Property History for 488 High Forest Rd, Omeo, VIC 3898

A timeline of how this property has performed in the market
Last Transferred
03 Mar 2021
  • 03 Mar 2021
    Transferred
  • 11 Jan 2021
    Sold for $350,000
  • 16 Jul 2017
    Sold for $350,000
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About Omeo 3898

The size of Omeo is approximately 587.9 square kilometres. It has 6 parks covering nearly 87.8% of total area. The population of Omeo in 2016 was 406 people. By 2021 the population was 411 showing a population growth of 1.2% in the area during that time. The predominant age group in Omeo is 50-59 years. Households in Omeo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Omeo work in a managers occupation.In 2021, 74.40% of the homes in Omeo were owner-occupied compared with 70.30% in 2016.

Omeo has 673 properties. Over the last 5 years, Houses in Omeo have seen a 40.32% increase in median value, while Units have seen a 234.79% increase. As at 30 November 2025:

  • The median value for Houses in Omeo is $401,720 while the median value for Units is $202,347.
  • Houses have a median rent of $220.
There are currently 10 properties listed for sale, and no properties listed for rent in Omeo on OnTheHouse. According to Cotality's data, 32 properties were sold in the past 12 months in Omeo.

Suburb Insights for Omeo 3898

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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.