OFF MARKET

85 Freestone Creek Road
Briagolong VIC 3860

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 325640m2
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Property Details for 85 Freestone Creek Rd, Briagolong

Building Type
Rural
Land Size
325640m2
Local Government
Wellington
Lot/Plan
PC363599

Last Listing description (May 2020)

Located on the edge of Briagolong, is this 80 acre irrigation farm currently milking 60 cows, however, the property has unlimited potential for alternative farming due to the amount of ground water the property has and the fertile river flat area.

The property has a 100 year-old 3 bedroom house and another 2 bedroom cottage, 3 machinery sheds, solar panels with a 4.5 KW inverter, yards with crush, bore providing stock water, old walk through dairy,50 tonne silo with grain crusher, vat all run on 3 phase electricity.

The land has been well laid out with a 6 inch underground main running through the property with 90 lateral outlets serviced by 80 metre deep bore with submersible 75HP grunfos 3 phase pump with 200ML Rosedale aquifer down 80 metres.

There is also 95ML of ground water from the wa-de-lock 2 aquifer from 5 bore spear points watering the river flat as well as from the main deep bore.

Fertiliser has been applied two years ago, lime applied at 43 tonnes per hectare and super applied at 750kg per hectare and sown down to perennial rye irrigation mix.

This property is an excellent investment for the future, given the water and land proximity to town, perhaps even subdivision at some point in the future.

Property History for 85 Freestone Creek Rd, Briagolong, VIC 3860

A timeline of how this property has performed in the market
Last Sold
$815,000
28 Feb 2020
  • 28 Feb 2020
    Sold for $815,000
  • 07 Nov 2019
    Listed for Sale $999,999

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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.