OFF MARKET

401 Cooriemungle Road
Cooriemungle VIC 3268

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 5609928m2
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Property Details for 401 Cooriemungle Rd, Cooriemungle

Building Type
Rural
Land Size
5609928m2
Local Government
Corangamite
Lot/Plan
1/TP832489

Last Listing description (November 2019)

RENOWNED SECURE VERSATILE COORIEMUNGLE AREA CLOSE PROXIMITY TO THE FAMED GREAT OCEAN ROAD
MAGNIFICENT HIGHLY PRODUCTIVE COUNTRY 990 ML (39 inch) annual average rainfall
1,023 ACRES - POWELL FARMS - 414 HECTARES


Available as a whole or in three superb lots. (557 acres / 345 acres / 121 acres)

DAIRYING BEEF FATTENING/BREEDING PRIME LAMBS - INVESTMENT LIFESTYLE

Currently operating as an outstanding high production dairy farm with great potential for a myriad of rural pursuits.
Top-class well sheltered rich arable soils carrying excellent pastures and high fertility. Tremendous subsurface drainage by Drain Tech and Mole drainage (approx. 90% of milking platform).
Fully equipped 50 unit rotary dairy (25,500 litre vat), with a suite of shedding and operational improvements. Abundant dam water supplies to troughs in all 90 paddocks (central laneways).
Attractive well-appointed 4 bedroom home plus a further two 4 bedroom residences.

A top class attractive, productive and versatile quality property within a most desirable location.

Information memorandum available. Inspection strictly by appointment with agents.

For Sale by Expressions of Interest: Closing Tuesday 17th September 2019 at 1pm

Brian Gleeson 0417 132 077
Daryl Oborne 0419 388 341
Michael Stewart 0418 520 467

Property History for 401 Cooriemungle Rd, Cooriemungle, VIC 3268

A timeline of how this property has performed in the market
Last Sold
$2,521,161
04 Jul 2022
  • 04 Jul 2022
    Sold for $2,521,161
  • 14 Sep 2020
    Sold for $1,320,000
  • 02 Oct 2019
    Sold for $1,561,078
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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.