263 Gallum RoadCooriemungle VIC 3268
Property Details for 263 Gallum Rd, Cooriemungle
Last Listing description (March 2023)
Location is everything - this property has the lot! Perfectly positioned 15 minutes to Timboon and Port Campbell or 40 minutes to Colac.
In the highly productive Cooriemungle district this property offers 34.41ha (85 acres approx.) with productive pastures and 1,000ml + annual rainfall.
This beautiful property offers all the benefits of a rural lifestyle or weekend retreat together with the option for a highly productive beef production enterprise.
With a second long road frontage to Nareen Road the property is divided into 11 main paddocks with a secure water supply from a large spring fed dam.
Other features include:
- New cattle yards & crush
- Loading ramp
- Laneway
- Excellent fencing
- Power connected to a disused dairy
A great opportunity to design and build a new home (STCA) capitalising on superb uninterrupted views over the secluded rolling countryside.
Properties as productive as this one with easy access to Geelong, Colac and the coast at Port Campbell are rare, don't miss out on this opportunity!
Property History for 263 Gallum Rd, Cooriemungle, VIC 3268
- 08 Mar 2023Sold for $750,000
- 14 Oct 2021Listed for Sale UNDER CONTRACT
- 05 Dec 2008Sold for $484,614
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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 159 properties. Over the last 5 years, Houses in Cooriemungle have seen a 72.04% increase in median value, while Units have seen a 76.12% increase. As at 30 September 2024:
- The median value for Houses in Cooriemungle is $812,344 while the median value for Units is $505,564.
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