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Sold on 18 Oct 2023 - Price Unavailable

545 Casterton-Penola Road
Casterton VIC 3311

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 40ha
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Property Details for 545 Casterton-Penola Rd, Casterton

Building Type
Rural
Land Size
40ha
Local Government
Glenelg
Lot/Plan
1/PS348786

Last Listing description (October 2023)

'Inverell' is a blue chip, highly productive & versatile Western District grazing property. Conveniently located only 5kms west of the township of Casterton with all levels of schooling, childcare, supermarkets, hospital and fuel services.

The 1930's limestone brick home offers 2 bedrooms with BIR's, master with dressing room, and a spacious updated kitchen with plenty of cupboard space flowing through to the formal dining area and living room. The family bathroom with shower, bath, toilet & vanity is conveniently located at the end of the hall. The established garden incorporates a beautiful mix of mature shade trees and fruit trees, with the added bonus of a tennis court.

Agricultural attributes consist of;

- 3 main paddocks
- 1 holding paddock
- 2 dams + 50,000 litres of rain water storage & mains water connection
- Cattle yards
- Machinery shed
- Exceptional rainfall 650mm/PA
- Excellent fertiliser history

"Inverell" is listed by expressions of interest and buyers will find much to admire in this desirable property. A rare combination of proximity, acreage and facilities unite to make this opportunity unique.

Property History for 545 Casterton-Penola Rd, Casterton, VIC 3311

A timeline of how this property has performed in the market
Last Sold
18 Oct 2023
  • 18 Oct 2023
    Sold for $945,000
  • 06 Apr 2023
    Listed for Sale E.O.I Close 5pm 28.9.23
  • 17 Jan 2022
    Sold for $1,200,000
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About Casterton 3311

The size of Casterton is approximately 226.9 square kilometres. It has 9 parks covering nearly 2.6% of total area. The population of Casterton in 2011 was 1,763 people. By 2016 the population was 1,684 showing a population decline of 4.5% in the area during that time. The predominant age group in Casterton is 60-69 years. Households in Casterton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Casterton work in a labourer occupation. In 2011, 78.4% of the homes in Casterton were owner-occupied compared with 77% in 2016.

Casterton has 1,242 properties. Over the last 5 years, Houses in Casterton have seen a 78.95% increase in median value, while Units have seen a 59.65% increase. As at 31 July 2024:

  • The median value for Houses in Casterton is $246,355 while the median value for Units is $254,887.
There are currently 25 properties listed for sale, and no properties listed for rent in Casterton on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Casterton.

Suburb Insights for Casterton 3311

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Contact agent
Tammy Knight
Show contact details
Elders Real Estate South West Victoria
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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.