Located just inland from the world famous Great Ocean Road and 12 Apostles is this magnificent 37 acre property. These rich fertile pastures will grow anything.
The property offers a magnificently renovated three bedroom family home. The home has been renovated from the ground up by the current owner. I promise every stone has been turned washed and cleaned, if not replaced. There is a brand new kitchen including appliances that have never been used, new floor coverings throughout. The paint is fresh, the bathroom and laundry are new, and there are new windows throughout. The walls and ceiling are insulated and there is a verandah all the way around the home and a deck protruding in to the garden with the most magnificent views of the Otways and the surrounding farmland.
Outside you have mature trees in the garden, including an array of fruit trees currently laden with fruit. There is amazing shedding, electric fencing, a lock up workshop plus a 100 x 30 machinery/hay/general purpose shed with power connected.
The size of Princetown is approximately 119.9 square kilometres. There are 3 parks, covering nearly 28.0% of the 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 50-59 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 157 properties. Over the last 5 years, Houses in Princetown have seen a 65.11% increase in median value, while Units have seen a 1.16% increase. As at 31 July 2026:
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