345 Settlement Road, Swan Marsh VIC 3249

Rural retreat near coast | 2-acre character home | privacy and self-sufficiency | strong owner-occupier demand This property offers a rare combination of a character-filled country home on a manageable two-acre block within 45 minutes of the Great Ocean Road, positioning it as a compelling semi-rural lifestyle buy. The 32,000-litre water tank, bore, and workshop support self-sufficient living, while the main bedroom fireplace and timber flooring add genuine charm that appeals to buyers seeking personality over uniformity. The property serves best as a permanent residence for those wanting space and privacy without full farming commitment, or as a weekend retreat with potential for future capital growth given its proximity to coastal tourism. The primary risk is the functional bathroom and single parking space, which may limit appeal to families or those requiring modern convenience, though these present clear renovation opportunities to add value without overcapitalising in this price bracket. Rural zoning and 95% owner-occupancy on the street signal stable demand, but resale liquidity may be slower than urban markets. The property should be held as a long-term lifestyle holding, with any upgrades focused on the bathroom and parking to broaden future buyer appeal.