Home' South Gippsland Sentinel-Times : March 15, 2017 Edition Contents THE SOUTH GIPPSLAND SENTINEL-TIMES, WEDNESDAY, MARCH 15, 2017 - PAGE 43
WARRAGUL OFFICE 46 Queen Street 5623 4744
Saturday, April 8, 2017 at 1pm onsite
Kentuckiana offers some of the best carrying country South Gippsland has to offer. Consisting of
approx 417 acres in a total of 8 titles, majority fertile grey soils planted with quality rye and clovers,
ample water from 15 dams.
The property can be purchased as a whole or as separate properties.
• 155 Nicholas Road, Mardan. Approx 115 acres, older weather board 3 bedroom home, very
good cattle facilities, capable of handling large numbers of cattle, 3 dams, implement shed,
disused dairy, slightly undulating.
• 45 Nicholls Road, Mardan. 108 acres, good hayshed, large dam, slightly undulating, 3 road
frontages, excellent carrying country .
• 85 Smiths Road, Mardan. Approx. 110 acres, slightly undulating to hill country, ideal building
sites with fantastic views, good fencing, 6 dams, cattle yards.
• 120 Sylvan Hills Road, Mardan. Consisting of approx 83 acres in 4 titles, 5 dams, fantastic
building sites, 3 road frontages.
For more information or a private inspection please call John or Tom.
John Patterson 0413 565 408 or Tom Gibson 0438 574 472
• Gently undulating and heavy carrying cattle country
with high rainfall • Excellent water supply with 53
megalitre water licence and 10 dams – reticulated to
entire property • Superb condition and functionality
- 45 paddocks with excellent fencing and laneway
system • Extensive pasture and fertilizer program
• Comfortable 4 bedroom residence • Quality farm
improvements - undercover steel cattle yards
• Idyllic South Gippsland location.
OUTSTANDING CATTLE PROPERTY
OUTTRIM – SOUTH GIPPSLAND
859.3 ACRES - 347.75 ha
CARRYING CAPACITY OF 400+ BREEDERS
785 Inverloch-Outtrim Road
A MAGNIFICENT LARGE HOLDING WITH FIRST CLASS IMPROVEMENTS IDEAL FOR A LARGE
BEEF ENTERPRISE OR MAYBE DAIRY CONVERSION
Damien Minogue 0427 507 369
Michael Everard 0408 653 161
(03) 9866 5588
Matt Childs 0418 512 494
Expressions of Interest Closing
Thurs 23rd March 4pm unless sold prior
By Joseph Walton
THE Victorian Government recently an-
nounced greater assistance for first homebuy-
ers – support that the Real Estate Institute of
Victoria welcomes and has long advocated for.
The changes include the removal of stamp
duty for new and established homes under
$600,000 as well as scaled duty reductions
for homes valued between $600,000 and
In addition, the First Home Owners Grant
(FHOG) has also been doubled for buyers of
new homes in regional Victoria, from $10,000
While these changes are welcomed by the
REIV, an unnatural consequence has been the
removal of concessions for off the plan invest-
ment in the property market, also announced
with the first homebuyer changes in the past
The new initiatives for first homebuyers will
assist those looking to secure their first home
at a time of rising property prices across Vic-
toria - particularly important given that the
property market is the largest store of the na-
Strong capital growth across the state, par-
ticularly in metropolitan Melbourne where
the median house price is now $770,000, has
made access to the housing market more dif-
ficult for first homebuyers.
While house prices in regional Victoria re-
main well below their city counterparts with
a median of $358,000, towns within commut-
ing distance of Melbourne have experienced
strong price growth in recent years.
This includes Geelong, where the median
house price increased more than 11 per cent
in the past year to a median house price of
$680,000. The regional city is one of just 20
regional towns with a median house price
Meanwhile more than 210 regional towns re-
corded a median house price below $600,000
in the December quarter – providing choice for
first homebuyers looking to get a foothold on
the property ladder at a price they can afford.
It’s likely that these new first homebuyer
initiatives – combined with the relative afford-
ability offered by many towns in regional Vic-
toria - will encourage more buyers to purchase
in areas further from the city, enabling many
Victorians to move from the rental market to
The stamp duty reductions and increased
FHOG will apply from July 1 this year. Further
information on the changes can be found at
Visit reiv.com.au for more information on
median house prices across Victoria.
- Joseph Walton is the REIV president.
Regional value for
first home buyers
THERE’S plenty of privacy with this beau-
tifully presented small farmlet located only
10km to Wonthaggi and Inverloch.
The 10 acre (approximately four hectares)
property at 525 Lynnes Road, Wattle Bank, has
well established shelter belts with native trees,
a range of fruit trees, an excellent water supply
with three main tanks and a feature dam.
The country-style three-bedroom home
comes with timber feature walls, cathedral ceil-
ings, a modern kitchen with dishwasher, semi-
ensuite, a large wood heater and a lovely full
length verandah with entertaining deck.
The six-bay machinery shed has a concrete
There’s also a double garage plus single steel
lock-up garage/storage plus a secure chicken
All this for $680,000.
Call Alex Scott & Staff Real Estate Wonthaggi
agents Phil Hanley on 0417 140 508 or Dan
Huther on 0418 334 801.
The property comes with a country-style three-bedroom home and plenty of shedding.
Ten acres of rural magic
The property features beautiful gardens and established shelter belts around the farm.
VISIT OUR WEBSITE
Photographs taken by
whether they are published
or not, are available on
order from the
Korumburra and Wonthaggi
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