SOLD
Sold on 09 Jan 2024 for $2,329,890

201 Melrose Road
Cooriemungle VIC 3268

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1019324m2
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Property Details for 201 Melrose Rd, Cooriemungle

Building Type
Rural
Land Size
1019324m2
Local Government
Corangamite
Lot/Plan
8~C/PP3690

Last Listing description (March 2024)

What an opportunity to purchase this outstanding grazing country comprising predominantly north facing .

Slopes of loam soils and conveniently fenced into 12 paddocks watered by 4 dams, with reticulation to troughs in several paddocks.

Established pastures for grazing and fodder production.

Improvements include a galvanised iron 18mx9m lock up machinery shed with power connected, shearing shed with 2 stands and sheep yards. Excellent steel cattle yards (undercover), an older 3-bedroom 1970's style brick home set in an elevated position taking in some of the districts most amazing views but is in need of significant repairs and renovations.

Excellent opportunity to purchase a highly regarded runoff block or an adjunct to a local farming enterprise .

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Property History for 201 Melrose Rd, Cooriemungle, VIC 3268

A timeline of how this property has performed in the market
Last Sold
$2,329,890
09 Jan 2024
  • 09 Jan 2024
    Sold for $2,329,890
  • 24 Oct 2023
    Listed for Sale $2,500,000
  • 30 Jul 2020
    Sold for $1,335,000
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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 51.25% increase in median value, while Units have seen a 76.12% increase. As at 30 November 2024:

  • The median value for Houses in Cooriemungle is $761,616 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, 8 properties were sold in the past 12 months in Cooriemungle.

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Landmark Harcourts Timboon
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