AUCTION
1728 Kerang-Murrabit Road, Capels Crossing VIC 3579
313 Acres 126 Hectares
Auction Details:
Location: Murrabit Hall
Date: Friday 27th October 2023
Time: 2pm
Irrigation Country
Located between Kerang and Murrabit, this 313 Acre farm is ideal for the expanding farmer or someone looking to get started. With prime clay soils and bitumen road frontage it is sure to impress.
The property has been used in the past for pasture, rice cropping, cereal crops and livestock grazing, currently holds an abundance of feed.
Other features include a 3-bedroom weather board home with polished timber flooring and old garage, plus machinery shed.
Dam situated to the east of the dwelling plus main irrigation channel running through the centre of the property with a cross over bridge for access.
For further details and inspection contact the selling agents.
Terms 10% deposit balance. 60 days
The size of Capels Crossing is approximately 69.1 square kilometres. It has 2 parks covering nearly 4.9% of total area. The population of Capels Crossing in 2011 was 1,094 people. By 2016 the population was 17 showing a population decline of 98.4% in the area during that time. The predominant age group in Capels Crossing is 60-69 years. Households in Capels Crossing are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Capels Crossing work in a managers occupation. In 2011, 79.2% of the homes in Capels Crossing were owner-occupied compared with 79% in 2016..
Capels Crossing has 42 properties. Over the last 5 years, Houses in Capels Crossing have seen a 77.30% increase in median value. As at 31 October 2024:
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