1430 Corangamite Lake RoadAlvie VIC 3249
Property Details for 1430 Corangamite Lake Rd, Alvie
Last Listing description (May 2021)
EXPRESSIONS OF INTEREST
Offers Close Thursday 6th May @ 4pm
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A superbly positioned highly productive Alvie district grazing and irrigation property of 77 acres (approx) just north of Colac. A great opportunity to secure property in this tightly held area renowned for its quality secure underground water.
A 90 meg water licence goes with the property, there are two bores just over 30m deep, one set up with a three phase pump for irrigation the other for stock water. Irrigation water can be pumped to a central point through an existing 5" main, stock water is pumped to a concrete tank and gravity feeds to concrete troughs.
4 main paddocks
Cattle yards
Fully enclosed 9m X 18m shed
Three phase power
Good fencing
Secure rainfall
Well drained soils are currently in pasture are made up of Cocksfoot, Rye grass and clover, other options might include intensive vegetables production or lucerne production.
Properties in the Alvie area rarely come up, don't miss this opportunity to secure this property with a reliable quality water supply.
Property History for 1430 Corangamite Lake Rd, Alvie, VIC 3249
- 07 May 2021Sold for $701,000
- 31 Mar 2021Listed for Sale EOI (Offers Close Thurs 6th May @ 4pm)
- 08 Dec 1994Sold for $193,230
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About Alvie 3249
The size of Alvie is approximately 27.5 square kilometres. The population of Alvie in 2011 was 278 people. By 2016 the population was 132 showing a population decline of 52.5% in the area during that time. The predominant age group in Alvie is 50-59 years. Households in Alvie are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Alvie work in a managers occupation. In 2011, 85.5% of the homes in Alvie were owner-occupied compared with 67.9% in 2016..
Alvie has 91 properties. Over the last 5 years, Houses in Alvie have seen a 48.28% increase in median value, while Units have seen a -4.74% decrease. As at 31 October 2024:
- The median value for Houses in Alvie is $552,075 while the median value for Units is $337,727.
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