OFF MARKET

114 Springbank Road
Bullarook VIC 3352

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 554420m2
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Property Details for 114 Springbank Rd, Bullarook

114 Springbank Rd, Bullarook is a 4 bedroom, 1 bathroom House. The property has a land size of 554420m2.

Building Type
House
Land Size
554420m2
Local Government
Moorabool
Lot/Plan
1/TP376541

Last Listing description (November 2024)

'Glenbrook' on Springbank Rd, Bullarook is a once-in-a-generation opportunity to purchase an established farming property on the fertile southern foothills of the Great Dividing Range in Victoria's premier potato growing region.

With rich red volcanic soil and multiple spring fed dams, it boasts 47.1 ML of ongoing surface water allocation. The dams are networked, with a permanent underground 100 mm PVC valved pipe and 300 mm overflow pipe linking the titles on either side of Springbank Road and providing ample water supply to all paddocks.
The largest of the dams features islands forming a spectacular bird sanctuary, and is stocked with Brown and Rainbow Trout. Enjoy fly-fishing at your door, or just the beauty of the surrounds.

On the northeast bank is a magnificent, well established eucalyptus plantation showcasing a range of water tolerant natives, planted by the current owner under the local Water Catchment Protection Scheme.
Situated within 15 minutes of thriving Ballarat, which offers some of Australia's best secondary schooling options and an easy drive to Melbourne, this is a truly unique 137 acre (55 hectare) property with a four-generation ownership history dating back to 1913.
The yard area includes multiple large machinery sheds with sound concrete flooring, as well other smaller equipment sheds. A two-stall, brick-floored and Merbau wood lined horse stable is also located adjacent to the house that is ready to house ponies if that is what you've always dreamed of!
The garden area is surrounded by magnificent Walnut and Horse Chestnut trees planted by the first generation to farm over 100 years ago. Fencing is immaculate and it is currently running Angus cattle and fattening first-cross lambs. A section of the farm behind the house has also been used as a small fallow deer farm for over 50 years, complete with roofed deer handling yards.
The house is tenanted on a monthly basis and comprises 3 bedrooms plus an attic/4th bedroom, 2 living areas and a study area. Whilst it requires some maintenance, from every room you can view a different aspect of the property, and from the wraparound verandah sit and enjoy the scent of jasmine and watch the myriad of tiny wrens that inhabit the garden.
Expressions of interest Close 31st October 4PM. Contact Matt Edwards on 0401 728 881 for more information.

Property History for 114 Springbank Rd, Bullarook, VIC 3352

A timeline of how this property has performed in the market
  • 30 Sep 2024
    Listed for Sale Expressions Of Interest Closing November 14 @ 4PM

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About Bullarook 3352

The size of Bullarook is approximately 22.5 square kilometres. The population of Bullarook in 2011 was 386 people. By 2016 the population was 81 showing a population decline of 79.0% in the area during that time. The predominant age group in Bullarook is 10-19 years. Households in Bullarook are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Bullarook work in a managers occupation. In 2011, 82.1% of the homes in Bullarook were owner-occupied compared with 75% in 2016..

Bullarook has 64 properties. Over the last 5 years, Houses in Bullarook have seen a 78.73% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bullarook is $1,084,034.
There are currently no properties listed for sale, and no properties listed for rent in Bullarook on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Bullarook.

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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.