FOR SALE
$8,200 to $8,400 per acre

Mcraes Lane
Mortlake VIC 3272

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 101.33ha
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Slightly undulating 101 hectares of lifestyle property, ideal for grazing and cropping or building your dream home

This magnificent property comprises 101ha in total under 1 title. 99ha can be mowed and cultivated. The remaining 2ha has the winidad drain running through. Winidad retains water for most of the year and would suit the establishment of a winter fill dam for stock water upon seeking the appropriate approval.
This property is located 10 minutes to Mortlake, 30 minutes to Warrnambool and is suitable for a lifestyle block that does not require planning permission for the construction of a home. It would also suit a purchaser looking for dry stock grazing, fodder conservation or dairy out paddock.
The property has two road frontages with road frontages double fenced and established shelter belts covering approximately 70% of the boundary. New boundary fences were built 2 years ago. Fences are powered by brand new electric solar unit to all fences. Internal fences split the property into 4 paddocks of approximately the same size.
Water is supplied by reconditioned windmil supplying 120,000L water tank that gravity feeds concrete trough water points.
Capital fertiliser is applied twice per year based on requirements of soil tests that are carried out annually. 99ha was speculatively resown to rye grass in autumn 2024.
Property has powerlines passing along Fosters Lane with the ability to be connected via a transformer at the pole.
Soil Tests and Section 32 available on request.

Property Details for Mcraes Lane, Mortlake

Building Type
Rural
Land Size
101.33ha

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About Mortlake 3272

The size of Mortlake is approximately 354.5 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Mortlake in 2011 was 1,354 people. By 2016 the population was 1,360 showing a population growth of 0.4% in the area during that time. The predominant age group in Mortlake is 60-69 years. Households in Mortlake are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mortlake work in a managers occupation. In 2011, 74.6% of the homes in Mortlake were owner-occupied compared with 74.7% in 2016.

Mortlake has 997 properties. Over the last 5 years, Houses in Mortlake have seen a 112.50% increase in median value, while Units have seen a 94.51% increase. As at 30 November 2024:

  • The median value for Houses in Mortlake is $330,048 while the median value for Units is $436,753.
  • Houses have a median rent of $410.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Mortlake on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Mortlake.

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Gary Attrill
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