11 River Drive, Tarwin Lower, VIC 3956 | Property Value & History | OnTheHouse
 
OFF MARKET

11 River Drive
Tarwin Lower VIC 3956

Bedrooms: 5
Bathrooms: -
Car spaces: -
Land area: 3349m2
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Property Details for 11 River Dr, Tarwin Lower

Building Type
Land
Land Size
3349m2
Local Government
South Gippsland
Lot/Plan
CP172234

Last Listing description (August 2023)

EXCLUSIVE TO MHB

Work life balance doesn't get any better than this!

Over $200,000 spent on refurbishments inside and out.

The Riverview Hotel sits smack bang between the Bass Coast and the iconic Wilsons Promontory.

Incorporating a spacious public bar, lounge/dining areas and function areas, lovely deck area and beer garden, perfect for large crowds and live music plus a 2 bedroom residence.

Visitors can enjoy lunch at the Riverview Hotel after a kayak or a fish over the road in the Tarwin River or a surf down the road at Venus Bay.

The property is set on an approx. 3,231m2 (TZ) land allotment and boasts a building area of approx. 985m2.

Over the last few years, the Riverview Hotel has seen a major upgrade undertaken. Whilst the front part of the building is still quite original, the kitchen, bar, restrooms, and bistro have all had a superb upgrade.

Key Features:

* Fully renovated in December 2020 with significant expenditure
* Renowned live music venue
* Lounge /bistro/bar
* Large covered outdoor deck area dining area
* Function room, games & pool room
* 4 x open fireplaces
* Holiday hotspot with its proximity to the coast
* Land for future development (STCA)
* No competition - 750 meals over the Queen's Birthday Weekend
* Community focal point

Make hay whilst the sun shines and come and inspect the Riverview Hotel in Lower Tarwin.

* Leasehold option also available.

Contact Evan Stewart direct on 0437 752 893 to inspect all this excellent property has to offer.

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Property History for 11 River Dr, Tarwin Lower, VIC 3956

A timeline of how this property has performed in the market
Last Sold
$1,100,000
01 Jul 2023
  • 01 Jul 2023
    Sold for $1,100,000
  • 13 Nov 2020
    Sold for $950,000
  • 16 Jul 2019
    Listed for Sale $1,100,000
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About Tarwin Lower 3956

The size of Tarwin Lower is approximately 206.4 square kilometres. It has 1 park covering nearly 8.8% of total area. The population of Tarwin Lower in 2016 was 358 people. By 2021 the population was 462 showing a population growth of 29.0% in the area during that time. The predominant age group in Tarwin Lower is 60-69 years. Households in Tarwin Lower are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tarwin Lower work in a managers occupation.In 2021, 88.40% of the homes in Tarwin Lower were owner-occupied compared with 81.70% in 2016.

Tarwin Lower has 422 properties. Over the last 5 years, Houses in Tarwin Lower have seen a 28.91% increase in median value, while Units have seen a -28.59% decrease. As at 31 January 2026:

  • The median value for Houses in Tarwin Lower is $850,741 while the median value for Units is $700,011.
There are currently 14 properties listed for sale, and no properties listed for rent in Tarwin lower on OnTheHouse. According to Cotality's data, 14 properties were sold in the past 12 months in Tarwin lower.

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