OFF MARKET

140 Melrose Road
Cooriemungle VIC 3268

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1313304m2
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Property Details for 140 Melrose Rd, Cooriemungle

Building Type
Rural
Land Size
1313304m2
Local Government
Corangamite
Lot/Plan
1/TP742479

Last Listing description (February 2016)

Comprising 3 titles, with 3 bedroom settlement style home. Excellent rye grass based pasture. 3 paddocks worked up each spring and planted out with summer crop then back to pasture in Autumn. Stock shelter is provided in the main by the natural contour of the property predominately north east facing. There are established shelter belts strategically placed through the property. 16 Aside herringbone rapid exit dairy, with auto feed system, individual cow stalls. 450 square metre cow yard with 300 cow capacity. 30 ton grain silo, AI race with crush, recycle wash system, 3 meg effluent pond. 4 bay hay shed enclosed plus 4 bay shed gal roof rear/side walls. Machinery shed gal roof with side /rear walls 10x20x3m, Loading race out of the side of the cow yard. Large feed pad with rest area. Old Dairy has been set up as an excellent calf shed with raised flooring. Large feed pad with separate rest area. Stock water pumped from a registered 10 megalitre dam by electric pressure pump to 500gal or 800 gal troughs in each paddock. The home has two 5,000 gal concrete rain water tanks. Average rainfall for the district is approx 875mm per annum or 35inches. The school bus picks up at the home gate is 12kms to Timboon and 12kms to Port Campbell 20kms Simpson approx 75kms to Warrnambool and 70kms to Colac. An inspection will impress.

Property History for 140 Melrose Rd, Cooriemungle, VIC 3268

A timeline of how this property has performed in the market
Last Sold
$1,702,000
09 Aug 2016
  • 09 Aug 2016
    Sold for $1,702,000
  • 27 Jun 2012
    Listed for Sale $5125.00 Per Acre
  • 22 Jul 2008
    Sold for $1,828,771
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About Cooriemungle 3268

The size of Cooriemungle is approximately 146.5 square kilometres. It has 3 parks covering nearly 13.9% of total area. The population of Cooriemungle in 2011 was 465 people. By 2016 the population was 373 showing a population decline of 19.8% in the area during that time. The predominant age group in Cooriemungle is 50-59 years. Households in Cooriemungle are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Cooriemungle work in a managers occupation. In 2011, 79.8% of the homes in Cooriemungle were owner-occupied compared with 64.4% in 2016..

Cooriemungle has 160 properties. Over the last 5 years, Houses in Cooriemungle have seen a 50.54% increase in median value, while Units have seen a 76.12% increase. As at 31 October 2024:

  • The median value for Houses in Cooriemungle is $736,775 while the median value for Units is $505,564.
There are currently 1 property listed for sale, and no properties listed for rent in Cooriemungle on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Cooriemungle.

Suburb Insights for Cooriemungle 3268

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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.