SOLD
Sold on 19 Feb 2024 for $2,050,000

1998 Katamatite-Yarrawonga Road
Boosey VIC 3730

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 1278809m2
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Property Details for 1998 Katamatite-Yarrawonga Rd, Boosey

Building Type
Rural
Land Size
1278809m2
Local Government
Moira
Lot/Plan
1/TP673703

Last Listing description (October 2023)

The property located at 1998 Katamatite-Yarrawonga Road, Boosey, holds significant potential as an extension to a grazing operation or for fodder production especially in light of ongoing concerns about dry conditions due to El Nino.

It consists of approximately 316 acres of prime grazing irrigation country situated in Victoria's Goulburn Valley region. The highly productive property has been set up for flood irrigation drawing from the Murray River irrigation scheme and has a 2.03 ML/Day delivery share. Effective fertilisation practises coupled with rotation of crops and pastures optimize yields for both grazing and fodder production. The property is electric fenced into 10 larger paddocks with multiple small strip grazing options for stock rotation with strategically planted tree lines providing stock shelter. An equipped bore provides reticulated stock water to troughs and a 10 ML catchment dam catches excess irrigation water.

The property also has 2 older style homes (1 x 2 BR & 1 x 3 BR) which are currently tenanted to maximise the property returns. The property infrastructure is completed by excellent facilities including a newly constructed 4 bay machinery shed, lock up workshop, hay shed, other relevant shedding and cattle yards with crush. Situated on the sealed main Katamatite-Yarrawonga Road and conveniently positioned 20 km to Yarrawonga, 57 km to the primary regional hub of Shepparton, 80 km to Wangaratta and 120 km to the Albury Airport. The property also is in close proximity to sporting activities for all members of the family and easy access to the school bus run.

Property History for 1998 Katamatite-Yarrawonga Rd, Boosey, VIC 3730

A timeline of how this property has performed in the market
Last Sold
$2,050,000
19 Feb 2024
  • 19 Feb 2024
    Sold for $2,050,000
  • 17 Oct 2023
    Listed for Sale $2,290,000
  • 11 Apr 2000
    Sold for $310,000
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About Boosey 3730

The size of Boosey is approximately 46.9 square kilometres. It has 1 park covering nearly 3.1% of total area. The population of Boosey in 2011 was 347 people. By 2016 the population was 110 showing a population decline of 68.3% in the area during that time. The predominant age group in Boosey is 20-29 years. Households in Boosey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Boosey work in a labourer occupation. In 2011, 70.5% of the homes in Boosey were owner-occupied compared with 65.7% in 2016..

Boosey has 68 properties. Over the last 5 years, Houses in Boosey have seen a 117.40% increase in median value. As at 31 October 2024:

  • The median value for Houses in Boosey is $1,081,078.
There are currently no properties listed for sale, and no properties listed for rent in Boosey on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Boosey.

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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.