SOLD
Sold on 18 Dec 2023 for $1,450,000

70 Mahoods Road
Alvie VIC 3249

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1147286m2
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Sold By
Charles Stewart & Co Pty Ltd
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Property Details for 70 Mahoods Rd, Alvie

Building Type
Commercial
Land Size
1147286m2
Local Government
Colac Otway
Lot/Plan
1/TP201072

Last Listing description (April 2024)

RENOWNED ALVIE DISTRICT - LOW INPUT COUNTRY

283.55 ACRES - 114.8 HECTARES
IRRIGATED DAIRYING - OUTPADDOCK - BEEF BREEDING/FATTENING


Featuring a great combination of open flats together with warm, low volcanic rises this outstanding Alvie property has been an excellent low input dairy farm for decades. Well-watered by two bores, one equipped with windmill, the other a pressure pump plus an irrigation bore with a 65 Mgl pumping licence. The farm has a combination of electric and plain/ barb wire fencing and has 17 paddocks.

Dairy is 10 aside swing-over plant with 2800ltr vat, concrete yard and loading race. Machinery shed of 17x7m and steel hayshed measuring 15x7.5m. A comfortable but rustic Hardiplank clad residence includes 3 bedrooms, kitchen meals and lounge.

This property is offered for sale for the first time in many decades, having been in the same family since 1945. It represents a first class opportunity to acquire a versatile parcel capable of dairy or beef breeding or fattening with the added attraction of irrigation capabilities.

For Sale By Expression of Interest closing Wednesday 25th October at 1pm.
Settlement Available: 2nd April 2024, unless earlier by agreement

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Property History for 70 Mahoods Rd, Alvie, VIC 3249

A timeline of how this property has performed in the market
Last Sold
$1,450,000
18 Dec 2023
  • 18 Dec 2023
    Sold for $1,450,000
  • 18 Sep 2023
    Listed for Sale Not Disclosed

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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.
There are currently no properties listed for sale, and no properties listed for rent in Alvie on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Alvie.

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