FOR SALE
$2000 - $2200 per acre

Laanecoorie-Newbridge Road
Newbridge VIC 3551

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 766.7ac
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Approx 310 Hectares / 766.7 Acres - Cropping and Grazing

FOR SALE $2000 - $2200 per acre
Comprised of 12 separate allotments totalling approx. 310ha / 766.7ac with extensive road frontage to the bitumen Laanecoorie-Newbridge Road and Poseidon Road.
Divided into separate paddocks with multiple dams, the land is equally suitable for cropping or grazing and has the Grampians Pipeline running along the boundary.
Excellent isolation/quarantine attributes with a road on two sides and State Forest on all other boundaries.
The property is subject to a mining licence with mining activity currently being conducted on a portion of the property providing an annual passive income.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist

Property Details for Laanecoorie-Newbridge Rd, Newbridge

Building Type
Rural
Land Size
766.7ac

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About Newbridge 3551

The size of Newbridge is approximately 96.3 square kilometres. It has 3 parks covering nearly 7.4% of total area. The population of Newbridge in 2011 was 359 people. By 2016 the population was 185 showing a population decline of 48.5% in the area during that time. The predominant age group in Newbridge is 60-69 years. Households in Newbridge are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Newbridge work in a managers occupation. In 2011, 81.1% of the homes in Newbridge were owner-occupied compared with 86.7% in 2016..

Newbridge has 216 properties. Over the last 5 years, Houses in Newbridge have seen a 110.53% increase in median value, while Units have seen a -60.51% decrease. As at 30 November 2024:

  • The median value for Houses in Newbridge is $488,725 while the median value for Units is $462,151.
There are currently 8 properties listed for sale, and no properties listed for rent in Newbridge on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Newbridge.

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Martin Skahill
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Elders Real Estate Bendigo
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