Ryans Road, Coongulla$450,000
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Ryans Road

Coongulla, VIC 3860, Australia
$450,000
4.7 ha

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About this property

Positioned in the tightly held Rural Living Zone at Lake Glenmaggie, this substantial 4.71 hectare (11.61 acre) parcel presents a rare opportunity to secure scale in one of Gippsland's most desirable lifestyle and recreation locations. Lake Glenmaggie is widely recognised for its boating, fishing, swimming and holiday activity, yet retains a peaceful character outside peak periods. Easily accessed via Heyfield from the Princes Highway, the location delivers a strong balance of accessibility and natural amenity. The land offers flexibility for future development, with potential home sites either elevated to capture surrounding views or on gently sloping ground for ease of build (STCA). The setting is equally suited to those considering short-stay accommodation, capitalising on consistent visitor demand drawn to the lake year-round (STCA). Held within the same family for generations, opportunities of this size, zoning and position are increasingly scarce. Key Features Approx. 4.71 hectares (11.61 acres) Rural Living Zone Town water & power available Multiple potential building sites (STCA) Scope for lifestyle residence or accommodation use (STCA) Peaceful natural setting within a proven recreation destination A compelling blend of lifestyle appeal and long-term landholding value in an established Gippsland precinct. All offers invited. Boundaries are approximate. Buyers should undertake their own due diligence.

Property Details

Property Type
house
Listing Type
For Sale
Land Area
4.7 ha
Listed
3 months ago

Repayment calculator

$2,182/month
$1,091 /fortnight
Loan $360,000 at 6.10% over 30 years

Upfront costs

Deposit$90,000
Stamp duty$22,070
Conveyancing (est.)$2,000
Total upfront$114,070
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.

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Neighbourhood

Living in Coongulla

This house in Coongulla, VIC 3860 sits within reach of local amenities. It is listed 18% below the $550,000 median of 33 comparable houseswithin 5 km.

Coongulla at a glance

Full suburb profile
Population
229
Median age
61
Household income
$1,057/wk
Median rent
$210/wk
Median mortgage
$1,100/mo

Source: ABS Census.

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Coongulla price trend

Median sold · House 3 bed

$470kcurrent median

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2 price changes recorded for this property

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