AUCTION
Saturday 20th April, 2024 @ 2:00pm
Terms: 10% Deposit / 60 Day Settlement
This superbly positioned rural holding has been in the one family for over 40 years and offers a rare opportunity to secure approximately 40.72 acres in the tightly held Paraparap district within close proximity of Geelong and the Surf Coast.
Peacefully private and secluded, the property consists of open paddocks, native tree plantations, one dam and has excellent views of the surrounding countryside with several potential home sites (STCA) that will capture a wonderful ambience.
In the heart of an established equine community, this highly desirable property is ideally suited to a wide variety of horse or equine pursuits, cattle, sheep or mixed farming.
Perfectly situated, just minutes from the Moriac store & primary school, and within easy access to the Waurn Ponds shopping centre, Waurn Ponds train station, Deakin University, Epworth Hospital, Surf Coast beaches, Geelong CBD and Melbourne CBD via the ring road.
A truly rare opportunity to secure an idyllic country lifestyle on the doorstep of the Surf Coast.
The size of Paraparap is approximately 37.1 square kilometres. It has 1 park covering nearly 3.6% of total area. The population of Paraparap in 2016 was 151 people. By 2021 the population was 167 showing a population growth of 10.6% in the area during that time. The predominant age group in Paraparap is 10-19 years. Households in Paraparap are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Paraparap work in a managers occupation.In 2021, 68.20% of the homes in Paraparap were owner-occupied compared with 93.50% in 2016.
Paraparap has 93 properties. Over the last 5 years, Houses in Paraparap have seen a 56.69% increase in median value, while Units have seen a 9.27% increase. As at 30 November 2025:
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