OFF MARKET

193 Richmore Road
Milang SA 5256

Bedrooms: -
Bathrooms: 2
Car spaces: 2
Land area: 809300m2
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Property Details for 193 Richmore Rd, Milang

Building Type
Rural
Year Built
1990
Land Size
809300m2
Local Government
Alexandrina
Lot/Plan
S40/H150200

Last Listing description (February 2018)

THIS IS A PRIME, QUALITY PROPERTY IN THE LANGHORNE CREEK WINE REGION, THAT HAS A HISTORY OF VITICULTURE DATING BACK TO 1860, MAKING IT ONE OF AUSTRALIA'S OLDEST WINE REGIONS. LANGHORNE CREEK IS AROUND A 1.5 HOUR DRIVE FROM ADELAIDE AND IS A TOURIST DESTINATION FOR ITS PICTURESQUE SCENERY, PREMIUM WINES AND EXCELLENT FOOD. ESTABLISHED ON A FLAT, RIVER DELTA TYPE LANDSCAPE WITH DEEP FERTILE ALLUVIAL SOILS, THIS EXCELLENT PROPERTY IS NESTLED AMONG THE MAJESTIC GUM TREES ON THE ANGAS RIVER. THE VINEYARDS PROVIDE GOOD YIELDS OF QUALITY FRUIT. THE ARABLE GRAZING/CROPPING LAND SEGMENT OF THE PROPERTY IS EQUALLY AS PRODUCTIVE FOR EXCELLENT GRAZING PASTURES AND/OR HIGH-YIELDING CROPS. THE RELAXING COUNTRY LIFESTYLE IS COMPLETE WITH THE SOLID BRICK FAMILY HOUSE, SURROUNDED BY AN EXPANSE OF GRASSED AREAS AND GARDENS, ALONG WITH THE EXTENSIVE NEARBY FARM SHEDDING. FEATURES: - 162HA ? COMPRISING 3 FREEHOLD TITLES - 84HA OF VINES, PLUS AN AREA AVAILABLE FOR NEW PLANTINGS - SHIRAZ (41HA), CABERNET SAUVIGNON (35HA) & CHARDONNAY (6HA) - 48HA ARABLE LAND, FOR CROPPING AND/OR PASTURES - RESIDENCE: SOLID BRICK, 3 BEDROOMS, 2 BATHROOMS, 2 CARS - 314,000 KILOLITRE WATER LICENSE - AMPLE IMPLEMENT, WORKSHOP AND STORAGE SHEDDING - PLANT & EQUIPMENT, INCLUDING GRAPE HARVESTER

Property History for 193 Richmore Rd, Milang, SA 5256

A timeline of how this property has performed in the market
Last Sold
$2,400,000
23 Mar 2017
  • 13 Feb 2018
    Listed for Sale Not Disclosed
  • 23 Mar 2017
    Sold for $2,400,000
  • 11 May 2016
    Listed for Sale CONTACT AGENT

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About Milang 5256

The size of Milang is approximately 75.1 square kilometres. The population of Milang in 2011 was 882 people. By 2016 the population was 885 showing a population growth of 0.3% in the area during that time. The predominant age group in Milang is 60-69 years. Households in Milang are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Milang work in a trades occupation. In 2011, 80.7% of the homes in Milang were owner-occupied compared with 81.3% in 2016.

Milang has 727 properties. Over the last 5 years, Houses in Milang have seen a 105.24% increase in median value. As at 31 October 2024:

  • The median value for Houses in Milang is $546,496 while the median value for Units is $592,875.
  • Houses have a median rent of $273.
There are currently 5 properties listed for sale, and no properties listed for rent in Milang on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Milang.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.