18.75 Acres - 7.6 Hectares
CLOSE TO GREAT OCEAN ROAD AND GELLIBRAND RIVER
An amazing and attractive parcel of freehold land, surrounded by the beautiful Gellibrand River estuary wetlands. Sited just off the Great Ocean Road the property offers awesome views over the Gellibrand River mouth and estuary, past Point Ronald to the Southern Ocean. Gently sloping, this natural hillock provides a vantage point that offers 360-degree views toward the ocean and northerly aspects towards farmland. The best part is you can choose a home site (stca) that has the best of both. The property is situated within flexible Rural conservation zone.
Located only 7km from the Twelve Apostles, and in very close proximity of the beautiful lower Gellibrand River and Great Ocean Walk. Great location for kayaking, fishing, bush walking and bird watching. Marvellous lifestyle land opportunity.
The size of Princetown is approximately 119.9 square kilometres. It has 3 parks covering nearly 28.0% of total area. The population of Princetown in 2016 was 241 people. By 2021 the population was 236 showing a population decline of 2.1% in the area during that time. The predominant age group in Princetown is 60-69 years. Households in Princetown are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Princetown work in a managers occupation.In 2021, 76.30% of the homes in Princetown were owner-occupied compared with 66.60% in 2016.
Princetown has 156 properties. Over the last 5 years, Houses in Princetown have seen a 34.49% increase in median value, while Units have seen a 73.64% increase. As at 30 November 2025:
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