3 Serpentine LanePrincetown VIC 3269
Property Details for 3 Serpentine Lane, Princetown
Last Listing description (November 2019)
This large block of land of 1967sqm approx, is in the centre of historical Princetown, which is located along the scenic and world-famous Great Ocean Road.
This is the perfect place to build your big beautiful sea-change home, complete with gardens, an orchard, chooks, etc. Or perhaps that B&B you've always dreamed of operating? The Shire is not rezoning any more town land at this amazing environmentally pristine location.
Accommodation and entertainment is highly sought along the Great Ocean Road. This demand is predicted to increase markedly. The block has the potential to be developed to cater to a growing domestic and overseas market for eco-tourism. High quality modern accommodation, with provision of nature-related recreational activities is in demand (STCA). The land zoning invites a range of commercial activities.
Corangamite Shire is sympathetic to developments which respect, enhance, and appreciate the natural environment, and which also contribute to the regional economy. If you have a dream project, this may be just the opportunity for which you've been waiting.
Call John Kalpakis on 0412 500 250 for further information
Property History for 3 Serpentine Lane, Princetown, VIC 3269
- 14 Nov 2019Sold for $180,000
- 21 Aug 2019Listed for Sale $200,000
- 06 Dec 2013Listed for Sale $125,000
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About Princetown 3269
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:
- The median value for Houses in Princetown is $916,832 while the median value for Units is $641,784.
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