460 Bear Gully RoadTarwin Lower VIC 3956
Property Details for 460 Bear Gully Rd, Tarwin Lower
Last Listing description (June 2023)
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MAKE MONEY, MOVE IN OR BOTH
Currently marketed as a short stay retreat, 'Wirrega' is a popular destination for families, couples, social groups and tourists seeking comfortable accommodation along South Gippsland's coastline.
Easy to book and pay via the 'Wirrega' website, the property generates consistent income from short and medium term stays. Booked most weekends and extremely popular across school holiday periods, weekend tariffs start from $2,650, full week bookings from $3,600.
'Wirrega's' booking system provides the current owners with the ability to block out periods for personal use.
To view the 'Wirrega' booking portal please follow this link >> https://www.wirrega.com.au
THE GROUNDS
Surrounded by natural coastal flora and fauna, there's plenty to explore across the property and beyond into Cape Liptrap Coastal Park and Maitland Beach (Waratah Bay).
The property features several secluded short-stay sites suitable for camping or caravan sites.
A semi-completed beach bungalow at the front of the property has potential for secondary accommodation (STCA) and is currently utilised as a convenient beach shack for storage. The south-easterly view from the beach bungalows newly restored observation deck, across Waratah Bay to Wilson's Promontory is something special to behold.
LOCATION
- Chadstone Shopping Centre - 172km*, 2hr 16min*
- Inverloch - 47km*, 41min*
- Sandy Point - 32km*, 32min*
- Wilson's Promontory National Park - 74km*, 1hr 11min*
#VISITGIPPSLAND
The South Gippsland region is a fast becoming a popular region for those seeking to escape the metropolitan madness of Melbourne. With lush hills of the hinterland to dreamy coastline, the region offers gourmet eats and pinot from dirt worth tasting. To learn more about attractions and what to do in South Gippsland please follow this link >> https://www.visitgippsland.com.au/
Either as a permanent residential destination, a weekend retreat or and AirBNB investment, you must inspect 'Wirrega'.
Sale by Deadline closing Wednesday 12 April at 4:00pm.
Inspections by appointment only. Contact Fiona McMahon-Hughes 0417 743 355 or Jason Hellyer 0403 043 571.
Property History for 460 Bear Gully Rd, Tarwin Lower, VIC 3956
- 13 Mar 2023Listed for Sale Sale by Deadline - Contact Agent
- 30 Nov 2016Sold for $1,460,000
- 12 Jul 2016Listed for Sale Offers over 1.5MIL
Recent sales nearby
See more recent sales nearby
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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 421 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.
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