776 Joyces Creek-Baringhup RoadBaringhup VIC 3463
Property Details for 776 Joyces Creek-Baringhup Rd, Baringhup
Last Listing description (October 2018)
CBRE Agribusiness is pleased to present for sale Cairn Curran, a 1,582* hectare cropping and grazing enterprise idyllically-located along the stunning Cairn Curran Reservoir.
Comprising an aggregation of three properties (within a three-kilometre radius of one another), key features of the opportunity include:
-A large-scale landholding comprising 1,200* arable hectares, with an additional 150* hectares that could be developed for cropping, with the balance of the property utilised for grazing purposes.
-Excellent productivity, with an average of 4* tonnes to the hectare for cereals and 2.2* tonnes to the hectare for oilseeds, complemented by a Merino flock of 1,400* breeding ewes.
-Close to Maryborough (15* lineal kilometres), Castlemaine (19* lineal kilometres), saleyards at Bendigo (37* lineal kilometres) and Ballarat (53* lineal kilometres), grain receivals at Ballan (60* lineal kilometres) and Stoneleigh (84* lineal kilometres) and the Melbourne CBD (118* lineal kilometres).
-High quality basalt soil types and excellent climatic characteristics (average annual rainfall of 495* millimetres).
-Well-developed fit-for-purpose infrastructure, including high quality fencing, a well-designed laneway system and excellent stock water facilities.
-Operational improvements comprise two shearing sheds, 1,880* tonnes of grain storage, two sets of sheep yards and numerous machinery / hay / storage sheds.
-Structural improvements include a main homestead, an original homestead (in need of renovation), a manager s residence and a cottage.
FOR SALE BY EXPRESSION OF INTEREST
*approximately
Property History for 776 Joyces Creek-Baringhup Rd, Baringhup, VIC 3463
- 15 Aug 2018Sold for $1,100,000
- 20 Apr 2018Listed for Sale by Expression of Interest
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About Baringhup 3463
The size of Baringhup is approximately 60.9 square kilometres. The population of Baringhup in 2011 was 344 people. By 2016 the population was 214 showing a population decline of 37.8% in the area during that time. The predominant age group in Baringhup is 60-69 years. Households in Baringhup are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Baringhup work in a managers occupation. In 2011, 81.2% of the homes in Baringhup were owner-occupied compared with 86.6% in 2016..
Baringhup has 172 properties. Over the last 5 years, Houses in Baringhup have seen a 42.79% increase in median value, while Units have seen a 73.85% increase. As at 31 October 2024:
- The median value for Houses in Baringhup is $770,062 while the median value for Units is $684,598.
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