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Ryans Road

Coongulla, VIC 3860, Australia
$470,000

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Area Price Guide
$441,800$498,200

Indicative price guide range

🏘️
29
Comparable
📊
$550,000
Area median
⚖️
-15%
vs median
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

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

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Heritage

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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 Features

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    Repayment calculator

    $2,279/month
    $1,139 /fortnight
    Loan $376,000 at 6.10% over 30 years

    Upfront costs

    Deposit$94,000
    Stamp duty$23,270
    Conveyancing (est.)$2,000
    Total upfront$119,270
    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
    house
    Listing Type
    For Sale
    Listed
    1 month ago

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