2279 Princes Highway, Swan Reach, VIC 3903 | Property Value & History | OnTheHouse
OFF MARKET

2279 Princes Highway
Swan Reach VIC 3903

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 202281m2
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Property Details for 2279 Princes Hwy, Swan Reach

Building Type
Land
Land Size
202281m2
Local Government
East Gippsland
Lot/Plan
1/TP326609

Last Listing description (March 2026)

Set across an expansive 50 acres, this tightly held lifestyle property offers a rare combination of elevated views, usable land, extensive shedding and town water.
From its elevated position, the outlook is unexpected and impressive. Sweeping rural views extend across the Nungurner, Swan Reach and Metung farmlands, stretching across the lake to Paynesville. It is rare to find a property in this location that captures such wide, uninterrupted vistas, offering both privacy and a strong sense of connection to the surrounding landscape.

The main residence is neat, tidy and comfortable, featuring an open-plan living, dining and kitchen area that takes full advantage of the outlook across the gardens and surrounding landscape. The layout is functional and well suited to everyday living, with good natural light throughout. Accommodation includes two good-sized bedrooms, along with a flexible third room that could be used as an additional bedroom or a dedicated study, complete with its own external access.

A separate bungalow provides additional accommodation options, with its own kitchen, bedroom and bathroom. While requiring some further work to complete, it offers good potential as guest accommodation, a teenager's retreat or a multi-generational living arrangement.

The land is well set up and highly usable, with good fencing and well-sized paddocks suitable for a range of agricultural or lifestyle pursuits. The property is connected to town water, with additional tank water for external use, providing a practical and reliable setup for day-to-day use and stock.

Shedding is a standout feature, with a substantial collection of sheds and open bays suited to machinery, vehicles, workshops and general storage. The existing infrastructure will appeal to those requiring space for farming, trades or larger-scale hobbies.

Ideally positioned as a convenient midpoint between Lakes Entrance, Bairnsdale and Metung, the property offers excellent accessibility while maintaining the peace and space of a rural setting, all within close proximity to Swan Reach.
Opportunities to secure 50 acres with this level of outlook, land and infrastructure so close to town are few and far between.

Property History for 2279 Princes Hwy, Swan Reach, VIC 3903

A timeline of how this property has performed in the market
Last Sold
$1,160,000
06 Sep 2022
  • 31 Dec 2025
    Listed for Sale $1,290,000
  • 06 Sep 2022
    Sold for $1,160,000
  • 13 Jul 2022
    Listed for Sale $1,350,000 to $1,450,000
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About Swan Reach 3903

The size of Swan Reach is approximately 37.7 square kilometres. There is 1 park, covering nearly 13.0% of the total area. The population of Swan Reach in 2016 was 751 people. By 2021 the population was 861 showing a population growth of 14.6% in the area during that time. The predominant age group in Swan Reach is 60-69 years. Households in Swan Reach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Swan Reach work in a trades occupation.In 2021, 85.10% of the homes in Swan Reach were owner-occupied compared with 79.90% in 2016.

Swan Reach has 497 properties. Over the last 5 years, Houses in Swan Reach have seen a 9.70% increase in median value. As at 31 August 2026:

  • The median value for Houses in Swan Reach is $686,891 while the median value for Units is $410,274.
There are currently 12 properties listed for sale, and no properties listed for rent in Swan reach on OnTheHouse. According to Cotality's data, 14 properties were sold in the past 12 months in Swan reach.

Suburb Insights for Swan Reach 3903

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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.