With more than 181,000^ people expected to call the Mitchell Shire home in the next 20 years, more than triple the number of residents today, 'Hill Farm' could be one of the shrewdest property investments you'll ever make!
Held by the same family for several generations, it's time to exchange ownership of this wonderful parcel of land to new owners.
THE LAND
Abutting the rural village of Waterford Park, the 'Hillfarm' property consists of 3 Titles totalling 50.6* hectares (125* acres) and includes a unique 5.5* hectare (13.6* acre) Riparian Water Licence that provides direct access to the Sunday Creek.
THE FARM
With access to 'Hillfarm' from Clonbinane Road, the property features an entrance driveway bounded by established trees that weaves its way to the original homestead site and serviceable cattle yards with ramp.
10* well laid out paddocks are predominantly fenced using star pickets and concrete posts. Underpinned by access to town water, water security is excellent and includes creek frontage access and spring fed stock dams at the front and rear of the property. Annual average rainfall for the region is in the vicinity of 758mm*.
Historically used for grazing cattle and currently grazing cattle under an agistment agreement, the property is also suitable for grazing sheep and is perfect for horse agistment.
Soil type is a fertile mix of deep red, yellow and grey loamy soil.
THE OPPORTUNITY
With convenient access to Melbourne and local amenity and with a terrific balance of flat land, rising to a spectacular peak at 'One Tree Hill', 'Hillfarm' lends itself well for a myriad of applications.
Buy and build your own country lifestyle escape, graze livestock, agist and ride horses or buy-hold and let the land appreciate. Whatever your aspiration may be, 'Hillfarm' is a worthy investment.
THE LOCATION
As the crow flies, located only 42km* north of Melbourne's Ring Road via the Hume Highway, 'Hillfarm' is a convenient acreage escape from the daily grind of city living.
Major amenity including shopping centres, public and private schools and medical facilities are located nearby at Kilmore and Wallan. Public transport to Melbourne via V-Line Train is 7* minutes south of the property, located at Wandong Train Station.
Melbourne CBD - 78km*, 58 minutes.
Kilmore - 12km*, 14 minutes.
Wallan - 20km*, 19 minutes.
Wandong Train Station - 8km*, 7 minutes.
For 'Sale by Deadline' closing Thursday the 27th of April at 4:00pm.
For further information or to arrange an inspection please contact Brendan Woodley on 0419 544 364 or Ursula Saba on 0449 015 097.
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 222 properties. Over the last 5 years, Houses in Clonbinane have seen a 42.20% increase in median value, while Units have seen a 78.29% increase. As at 31 October 2024:
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