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Sold on 25 Mar 2024 - Price Unavailable

165 Knights Road
Bungador VIC 3260

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 223ac
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Property Details for 165 Knights Rd, Bungador

Building Type
Rural
Land Size
223ac
Local Government
Colac Otway
Lot/Plan
58A/PP2354

Last Listing description (March 2024)

"Bungador Plains" - an ideally located property in the heartland of the Western District offering a unique opportunity for those seeking a productive, versatile and picturesque grazing allotment.

An aggregation of 223 acres over 2 titles and ideally sited on a main district arterial in addition to 2 other road frontages. Nestled in the heart of renowned fertile Bungador, convenience is key with "Bungador Plains".

Strong loam and clay soils support an excellent base of ryegrass and clover pastures, with the benefit of extended growing seasons via a mix of summer and winter country. From early autumn breaks on the loam banks, to producing prime cattle well into the summer via the rich alluvial country, "Bungador Plains" is a known property for finishing stock.

Road access cattle yards at the northern and southern entries offer excellent logistical convenience to local cattle markets or other holdings. Central to provincial centres of Colac, Camperdown, Cobden and Timboon and just over 100 kilometres to the centre of Geelong.

Capital improvements to the property include a 100 x 30 foot twin walled hay and machinery shed and a disused dairy which has the power connected and currently runs the electric fence units.

Water is supplied to the property via a series of reliable dams and natural drainage springs. Previously a bore at the old dairy supplied lot 2, this has now been replaced by a large dam.

Lifestyle interests could well consider the property as potential homesite (STCA), given the the natural beauty of the native gums and sweeping views towards the Otway Ranges. Availability of electricity and water certainly a starting advantage.

For Sale By Deadline, this property presents an incredible investment opportunity. Whether you are an experienced grazier looking to expand your operations or an astute investor seeking a profitable venture, this property is sure to exceed your expectations.

Don't miss out on the chance to own this remarkable grazing property. Contact us today to arrange a viewing and experience the beauty and potential of 165 Knights Road, Bungador. The price guide is available upon application, so seize this opportunity and make this property your own.

Property History for 165 Knights Rd, Bungador, VIC 3260

A timeline of how this property has performed in the market
Last Sold
25 Mar 2024
  • 05 Mar 2024
    Sold for $1,150,142
  • 11 Jan 2024
    Listed for Sale Sale by Deadline - 23 February 2024
  • 07 Jul 1994
    Sold for $165,000

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About Bungador 3260

The size of Bungador is approximately 36.1 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Bungador in 2011 was 445 people. By 2016 the population was 50 showing a population decline of 88.8% in the area during that time. The predominant age group in Bungador is 20-29 years. Households in Bungador are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Bungador work in a managers occupation. In 2011, 68.8% of the homes in Bungador were owner-occupied compared with 50% in 2016..

Bungador has 51 properties. Over the last 5 years, Houses in Bungador have seen a 109.68% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bungador is $932,190.
There are currently no properties listed for sale, and no properties listed for rent in Bungador on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Bungador.

Suburb Insights for Bungador 3260

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Gerard Delaney
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Ray White Rural Timboon
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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.