551 Toolleen-Axedale RoadAxedale VIC 3551
Property Details for 551 Toolleen-Axedale Rd, Axedale
Last Listing description (December 2022)
Expression of Interest Closes Wednesday 1 June, 2:00pm.
Portion of Burke Estate
"Tommys" Selling in 3 Adjoining Lots.
Lot 1 95.37 Ha / 235.6 Ac Toolleen-Axedale Road and Crosbie Road.
Highly suited to both cropping and grazing. Comprises fertile grey loam soils, sown to phalaris and only cropped sparingly over the past decade. Very reliable water supply with 3 dams, 2 paddocks and strategic treed areas providing shade and shelter for livestock. Power traverses the property, road frontage on 2 sides including a bitumen frontage, and comprises 3 allotments or titles.
Lot 2 59.57 Ha / 147 Ac Toolleen-Axedale Road and Ralstons Lane.
Ideal country hideaway for camping, horse or bike riding. Enjoy spotting birdlife and native animals along the picturesque seasonal creek and kayaking on the dam. With the installation of some fencing, the attractively undulating country would be suitable for grazing. Power is nearby. Bitumen road frontage along one boundary, and comprised of 2 allotments or titles plus a possible possessory interest in a further 6 acres.
Lot 3 54.65 Ha / 135 Ac Crosbie Road and Ralstons Lane.
A blend of treed and cleared areas with various seasonal creeks to explore. Idyllic camping spots with plenty of firewood to collect, and a catchment dam where you could try your luck at fishing. The undulating land is suitable for bikes or horses, and would make ideal grazing land with the installation of some fencing. All-weather road access along Crosbie Road. Comprised of 3 allotments or titles.
All lots are in the Farming Zone and are in excess of 100 acres for building purposes. Only 10 minutes to the conveniences of Axedale or 20 minutes to supermarkets, doctors and a variety of shops and cafes in Heathcote.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 551 Toolleen-Axedale Rd, Axedale, VIC 3551
- 22 Jul 2022Sold for $800,000
- 17 Jun 2022Sold for $450,000
- 09 Jun 2022Sold for $360,000
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About Axedale 3551
The size of Axedale is approximately 119 square kilometres. It has 5 parks covering nearly 15.4% of total area. The population of Axedale in 2011 was 571 people. By 2016 the population was 825 showing a population growth of 44.5% in the area during that time. The predominant age group in Axedale is 0-9 years. Households in Axedale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Axedale work in a trades occupation. In 2011, 89.1% of the homes in Axedale were owner-occupied compared with 86.9% in 2016.
Axedale has 547 properties. Over the last 5 years, Houses in Axedale have seen a 45.05% increase in median value, while Units have seen a 51.40% increase. As at 31 October 2024:
- The median value for Houses in Axedale is $749,297 while the median value for Units is $351,107.
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