1054 Wallagaraugh Road, Genoa VIC 3891

1054 Wallagaraugh Road, Genoa VIC 3891
4-bed rural riverfront | 47.81 ha holding | approx. 1 km frontage | jetty and inlets | niche lifestyle offering This property is competitively strong due to its rare combination of a four-bedroom dwelling on 47.81 hectares with direct river access, including approximately one kilometre of Wallagaraugh River frontage, two inlets, and a jetty. Such water-adjacent acreage is uncommon in Genoa, where for-sale stock is very limited. The rural/farming designation and large land holding serve best a buyer seeking privacy, a self-sufficient lifestyle, and recreational river amenity, rather than a conventional suburban home. The house itself is configured for family occupation, but the primary value lies in the scale and setting of the land. Factors that may materially affect the property’s value include the lack of confirmed building age, interior finishes, or floor area, which could influence renovation expectations. The absence of recent comparable sales in the immediate area makes price positioning uncertain, and the thin local buyer pool for such a large rural holding might extend marketing time. The river frontage and jetty add unique appeal but may also bring maintenance or riparian management considerations that a prospective buyer should weigh when forming a view on price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1054 Wallagaraugh Road, Genoa VIC 3891
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Market Insight:

Genoa is a very small, rural locality in East Gippsland rather than a typical suburban market, with limited local infrastructure and a sparse settlement pattern. Demand is driven by lifestyle buyers, rural land purchasers, and occasional investors seeking larger landholdings along the Princes Highway corridor. Standard market indicators such as median prices, rental yields, and vacancy rates are not reliably published due to very low transaction volumes and thin rental stock. Future demand hinges on the regional lifestyle appeal and access to broader East Gippsland, while key constraints include sporadic supply, sensitivity to fuel costs and interest rates, and opaque pricing from limited comparable sales.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

47.81 ha

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