OFF MARKET

611 Melrose Road
Cooriemungle VIC 3268

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 1514408m2
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Property Details for 611 Melrose Rd, Cooriemungle

Building Type
Rural
Land Size
1514408m2
Local Government
Corangamite
Lot/Plan
1/LP60497

Last Listing description (October 2022)

373.47 ACRES - THREE TITLES - 151.14 HECTARES
Famous Picturesque Shipwreck Coast - Port Campbell Region
Lot A: 180.11 Acres (72.89 Ha) - Lot B: 193.36 Acres (78.25 Ha)

To be sold as a whole or in two separate lots.
DAIRYING - BEEF - FAT LAMBS - ALTERNATE FARMING - LIFESTYLE - INVESTMENT

Top class attractive well drained and highly productive arable country carrying good pastures, well fenced into 50 main paddocks (each served by central laneways).
Excellent fully equipped 24 aside dairy (circa 2007), 12,000-litre vat, cup removers, feed stalls, undercover AI area (crush) and 300 capacity cow yard.
Ample machinery, calf and implement shedding.
Spacious four bedroom family home featuring open plan kitchen/dining/living with solid wood heater & reverse cycle A/C, new floor covering and blinds plus outdoor entertaining deck.
Absolute drought-proof water supply via huge registered 66ML irrigation dam (plus four other dams) pressurized to 1,000 gallon troughs in all paddocks. Up to 70 acres can be irrigated via underground 6-inch mains.
A well-located, attractive property of great potential in a most secure area. Owners retiring. Sealed road, school bus and mail at gate.

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Property History for 611 Melrose Rd, Cooriemungle, VIC 3268

A timeline of how this property has performed in the market
Last Sold
$3,730,000
03 Oct 2022
  • 03 Oct 2022
    Sold for $3,730,000
  • 19 Aug 2022
    Listed for Sale EOI Closing 20/09/2022 @ 12pm
  • 11 Oct 2017
    Listed for Sale FOR SALE BY EXPRESSIONS OF INTEREST
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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.
There are currently 1 property listed for sale, and no properties listed for rent in Cooriemungle on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Cooriemungle.

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