495 Clonbinane RoadClonbinane VIC 3658
Property Details for 495 Clonbinane Rd, Clonbinane
Last Listing description (September 2023)
Elders Rural Services Australia Limited is pleased to present for sale 'Clonbinane Park', a near Melbourne broadscale opportunity renowned for grazing sheep and cattle, with development potential.
Consisting of 921 hectares (2,276 acres), 'Clonbinane Park' is centrally located only 76km* north of Melbourne CBD, incorporating 4 adjacent properties and 18 titles.
'Clonbinane Park' was a heritage listed property built for grazier M. K. McKenzie around 1885. The elaborate Italianate house was almost completely destroyed by the Black Saturday bushfires in 2009. The shell of the building and its tower were demolished in 2021, leaving some garden, tree lined driveway and the outstanding countryside.
More recently much of the boundary fencing has been replaced and weeds sprayed, maintaining the land to its highly productive potential. The Clonbinane valley is renowned for its high rainfall and multiple watercourses running through the property including Comet Creek and Sunday Creek.
This exceptional property would be ideally suited for grazing, with potential for subdivision and/or development.
'Clonbinane Park' is being offered for sale by Expression of Interest closing Friday 20th October 2023 at 4pm.
Inspection by private appointment only.
*Denotes approximately
Property History for 495 Clonbinane Rd, Clonbinane, VIC 3658
- 26 Feb 2024Sold for $1,000,000
- 19 Sep 2023Listed for Sale by Expression of Interest
- 20 Apr 2023Transferred
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About Clonbinane 3658
The size of Clonbinane is approximately 258.8 square kilometres. It has 5 parks covering nearly 75.5% of total area. The population of Clonbinane in 2011 was 382 people. By 2016 the population was 316 showing a population decline of 17.3% in the area during that time. The predominant age group in Clonbinane is 50-59 years. Households in Clonbinane are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Clonbinane work in a trades occupation. In 2011, 94.6% of the homes in Clonbinane were owner-occupied compared with 92.4% in 2016..
Clonbinane has 221 properties. Over the last 5 years, Houses in Clonbinane have seen a 45.76% increase in median value, while Units have seen a 78.29% increase. As at 30 September 2024:
- The median value for Houses in Clonbinane is $891,730 while the median value for Units is $697,799.
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