342 Ninth Ave, French Island$24,000
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342 Ninth Ave

French Island, VIC 3921, Australia
$24,000
534m²

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Area Price Guide
$22,560$25,440

Indicative price guide range

🏘️
5
Comparable
📊
$48,500
Area median
⚖️
-51%
vs median
📐
$45
Per m²
📏
534 m²
Land
🗓️
2 months ago
Listed

Property Insights

Schools · zoning · transport · traffic · noise · flood · bushfire · crime · development · heritage

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About this property

This could be one of the cheapest parcels of freehold land in Victoria Please read carefully! Current Use Restrictions: This bush block is subject to significant environmental and planning restrictions. At present, you cannot build upon, or remove any vegetation from the land. The soil's absorption capacity is insufficient to safely manage sewerage or grey water on a block of this size, posing a risk to nearby Westernport Bay. Until alternative wastewater treatment solutions are developed and approved, these restrictions remain in place. There is no road access, and the block sits among other bush lots within this estate established in the 1960s. A Unique Opportunity on French Island: Located less than 80km from Melbourne, French Island is a secluded natural haven, home to a thriving koala population and with approximately 70% of the island protected as national park. Private land ownership opportunities here are rare. This property is being offered as a freehold title, with no ongoing council rates. You will receive a formal Victorian land title that can be held, transferred, or sold at your discretion. A Long-Term Preservation Investment: While not currently suitable for development or recreational use, this block represents a unique opportunity for those interested in conservation, land banking, or holding property for future potential should policies or technologies change. Interested? To learn more or arrange a site visit, contact Phil Bock, a French Island resident and local real estate expert, on 0438 497 715. Please Note: Any use of the land beyond preservation may require permits and must comply with strict environmental regulations. Prospective buyers are strongly encouraged to seek legal advice and refer to the French Island Planning Scheme for detailed information.

Property Features

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    Repayment calculator

    $116/month
    $58 /fortnight
    Loan $19,200 at 6.10% over 30 years

    Upfront costs

    Deposit$4,800
    Stamp duty$336
    Conveyancing (est.)$2,000
    Total upfront$7,136
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    534m²
    Listed
    2 months ago

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