FOR SALE
$880,000 - $920,000

Lot 1 Mathiesons Road
Erica VIC 3825

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Land area: 92ac
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92 Acres Cleared Rich Chocolate Soil in Erica with 22 Meg Water Licence

Lot 1 Mathieson Road, Erica, Victoria
92 Acres of Fertile Potential in the Heart of Erica Township
Discover the possibilities with this exceptional 92-acre property, offering rich chocolate volcanic soil and undulating terrain in a prime location. Situated on a quiet no-through road, less than a kilometre from the charming township of Erica, this land holds endless opportunities for farming, lifestyle, or development.
Key Features:
Fertile Soil: Cleared volcanic soil ideal for cropping or grazing.
Water Resources: Two dams and a 22-megaliter water license provide a reliable water supply for various agricultural pursuits.
Agricultural Use: Currently producing top-quality potatoes on part of the property, showcasing its productive potential.
Infrastructure: Two existing machinery sheds offer ample storage and workspace.
Accessibility: Located close to Erica township amenities while maintaining a peaceful rural setting.
Endless Opportunities
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Property Details for Lot 1 Mathiesons Rd, Erica

Building Type
Rural
Land Size
92ac

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About Erica 3825

The size of Erica is approximately 14.3 square kilometres. It has 1 park covering nearly 42.3% of total area. The population of Erica in 2011 was 324 people. By 2016 the population was 186 showing a population decline of 42.6% in the area during that time. The predominant age group in Erica is 60-69 years. Households in Erica are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Erica work in a trades occupation. In 2011, 80.5% of the homes in Erica were owner-occupied compared with 80.8% in 2016..

Erica has 156 properties. Over the last 5 years, Houses in Erica have seen a 74.17% increase in median value. As at 30 November 2024:

  • The median value for Houses in Erica is $430,769 while the median value for Units is $638,048.
There are currently 5 properties listed for sale, and no properties listed for rent in Erica on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Erica.

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