OFF MARKET

531 Valencia Creek-Briagolong Road
Briagolong VIC 3860

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 166926m2
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Property Details for 531 Valencia Creek-Briagolong Rd, Briagolong

Building Type
Rural
Land Size
166926m2
Local Government
Wellington
Lot/Plan
1/LP113980

Last Listing description (June 2017)

Briagolong Estate Winery was established on 16 hectares (40 acres) in the foothills north of Briagolong and developed a high reputation for its boutique wines, winning medals at the National Wine Show.
Pinot noir, chardonnay & shiraz are grown at the site. Improvements consist of a winery and tasting room, wine storage area and ample shedding for machinery. The property has four large dams and includes fenced off areas ideal for cattle grazing.
Easy access to sealed road between Briagolong and Valencia Creek. Power is connected to the property.

Remarks: We believe this is a fantastic opportunity for someone wishing to enter the wine growing industry although the cellar door licence needs to be renewed.

Property History for 531 Valencia Creek-Briagolong Rd, Briagolong, VIC 3860

A timeline of how this property has performed in the market
Last Sold
$410,000
31 May 2021
  • 31 May 2021
    Sold for $410,000
  • 15 Jun 2017
    Sold for $310,000
  • 23 Apr 2016
    Listed for Sale $330,000
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About Briagolong 3860

The size of Briagolong is approximately 166.8 square kilometres. It has 1 park. The population of Briagolong in 2011 was 1,075 people. By 2016 the population was 1,083 showing a population growth of 0.7% in the area during that time. The predominant age group in Briagolong is 60-69 years. Households in Briagolong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Briagolong work in a trades occupation. In 2011, 84.7% of the homes in Briagolong were owner-occupied compared with 84.4% in 2016.

Briagolong has 710 properties. Over the last 5 years, Houses in Briagolong have seen a 53.24% increase in median value, while Units have seen a -65.41% decrease. As at 31 October 2024:

  • The median value for Houses in Briagolong is $538,138 while the median value for Units is $262,926.
  • Houses have a median rent of $288.
There are currently 7 properties listed for sale, and no properties listed for rent in Briagolong on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Briagolong.

Suburb Insights for Briagolong 3860

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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.