2980 Glenelg HighwayColeraine VIC 3315
Property Details for 2980 Glenelg Hwy, Coleraine
Last Listing description (February 2014)
Mt Koroite Renowned Breeding & Fattening Red Gum Country
Mt Koroite is a property of significance dating back to 1840, being originally a part of the Konongwootong run of 57,000 acres.
Located opposite the well known district landmark of the Coleraine racecourse, Mt Koroite is primarily a superb fertile valley of productive pastures, and reliable plateau country, combining to present an outstanding breeding and fattening property of scale and consistency.
The scale of Mt Koroite presents a rare opportunity to secure a property of a size rarely found in this secure part of the highly renowned western district. Conservatively grazed by the Baulch family for decades, producing prime quality livestock, Mt Koroite possesses all the features sought by astute producers in a reliable climate close to the western districts famous city of Hamilton.
* Scenic Red Gum country
* Superb fertile valley aspect
* Highly productive pastures
* 650mm rainfall - springs - dams
* Gracious 5 bedroom Federation style homestead
* Historic 6 stand woolshed
* Excellent steel cattle yards
* Quality fencing
* 20 minutes Hamilton
As a whole or two lots:
Mt Koroite Homestead 2,474 acres (1,001 ha)
Alean 618 acres (250 ha)
To be sold by Expression of Interest closing Friday 29th November at 5.00pm at the office of Elders, 100 Portland Road, Hamilton.
Contact: David Peardon - Hamilton 0408 528 050
Shane McIntyre - Melbourne 0428 937 622
Property History for 2980 Glenelg Hwy, Coleraine, VIC 3315
- 19 Dec 2013Sold for $826,344
- 14 Oct 2013Listed for Sale BY EXPRESSION OF INTEREST
- 30 Jan 2004Sold for $85,239
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About Coleraine 3315
The size of Coleraine is approximately 173.5 square kilometres. It has 10 parks covering nearly 0.8% of total area. The population of Coleraine in 2011 was 1,243 people. By 2016 the population was 1,024 showing a population decline of 17.6% in the area during that time. The predominant age group in Coleraine is 60-69 years. Households in Coleraine are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Coleraine work in a managers occupation. In 2011, 76.7% of the homes in Coleraine were owner-occupied compared with 77.5% in 2016.
Coleraine has 827 properties. Over the last 5 years, Houses in Coleraine have seen a 91.24% increase in median value. As at 30 September 2024:
- The median value for Houses in Coleraine is $233,033 while the median value for Units is $266,798.
- Houses have a median rent of $215.
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