OFF MARKET

31 Reids Lane
Coral Bank VIC 3691

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 1245436m2
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Property Details for 31 Reids Lane, Coral Bank

Building Type
Rural
Land Size
1245436m2
Local Government
Alpine
Lot/Plan
1/PS710725

Last Listing description (July 2015)

Erindale 31 Reids Lane, Tawonga, Victoria
115ha (284 Acres)
Highly productive/genuine cattle breeding, cattle fattening country, plus horticulture/viticulture potential.

Erindale Location
Central to the Upper Kiewa Valley Region being only 5kms from Tawonga, 15kms to Mt Beauty, the gateway to the Australian Alps and the renowned snow/the ski fields of the Falls Creek Snow Resort. A comfortable 1 hour drive from Albury Wodonga (75kms) and all these regional cities have to offer. Erindale has a long frontage to Redbank Road and direct access to the crystal clean Kiewa River. A most attractive beautiful area with views to Mt Bogong.
Erindale Country divides into three distinct categories being approx 60ha (150 Acres) of prime loam soils with areas of alluvial creek flats approx 40ha (100 Acres) of sound low hill grazing pasture country and some 15ha (37 Acres) of steeper country with some light bush. Well balanced grazing country with a suggested stocking rate of 100 cows & calves on their equivalent.
Erindale Pasture, Fencing, Water
Some 90ha (220 Acres) has been sown to perennial pasture of phalaris, clovers, cocksfoot and rye grass species.
Fertiliser has been applied over most of the property on a regular basis. Fencing is in good order with some twenty (20) individual paddocks. Water to all paddocks either by dams, creeks or troughs. The water supply in general is excellent with 14 dams, permanent Wallaby Creek throughout the property and stock and domestic water licence and services the troughing and back up for the house & surrounds. Feature tree lines exist along fence lines and water ways with Blue Gum reserve along the Wallaby Creek.
Erindale working improvements include large (4 bay) machinery shed, with power. Two (2) hay sheds. Disused dairy and piggery plus cattle yards.
Erindale home & surrounds, gardens
The main feature of the home is a large hexagonal living room with large picture windows to take in the views of the valley and an eighteen foot vaulted timber ceiling.
This room leads to a meals/dining area adjacent to the modern, well appointed Baltic Pine kitchen. This kitchen has an abundance of drawers and cupboards, a large pantry, new electric oven, electric hot plates and a double sink.
The large laundry has built in cupboards and the two-way toilet leads from the laundry to the family bathroom. The home has four (4) bedrooms. The master bedroom is spacious with built in robes and an overhead fan. The other bedrooms have built in robes and overhead fans.
There is a single lock up garage under roof. Heating is via slow combustion wood heating plus zoned floor heating.
The garden at Erindale has been lovingly created by our current vendor and can only be described as a magnificent country garden. This garden has hosted many open garden days and could be one of the most attractive in the area.
This little piece of paradise is set on approximately 8 hectares (2 acres) and has been designed to take advantage of the picturesque views of the Upper Kiewa Valley through to Mt Bogong.
With many garden rooms and spacious lawn areas it can be used for entertainment all year round.
Many and varied established trees include liquid ambers, silver birches, maples, an oak tree plus many large gums. Azaleas, Camelias, Hydrangeas, Crepe Myrtles and cottage garden beds are scattered throughout.
A fishpond, paved areas made from old bricks from the property and rock edging all complete this attractive picture. A watering system throughout makes for ease of care.

Summary
Erindale is a complete smaller farm capable of supporting 100 cows & calves. Erindale also has potential for a variance of other rural activities similar those already in the area. Horticulture, viticulture, etc. Erindale combines good productivity with an excellent rural lifestyle and easy access to the over expanding tourist enterprises of the area.

Property History for 31 Reids Lane, Coral Bank, VIC 3691

A timeline of how this property has performed in the market
Last Sold
$790,000
02 Jun 2015
  • 02 Jun 2015
    Sold for $790,000
  • 24 Apr 2015
    Listed for Sale Not Disclosed
  • 09 Jan 2015
    Transferred
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About Coral Bank 3691

The size of Coral Bank is approximately 21.1 square kilometres. It has 1 park covering nearly 24.4% of total area. The population of Coral Bank in 2011 was 372 people. By 2016 the population was 69 showing a population decline of 81.5% in the area during that time. The predominant age group in Coral Bank is 50-59 years. Households in Coral Bank are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Coral Bank work in a managers occupation. In 2011, 80.6% of the homes in Coral Bank were owner-occupied compared with 86.2% in 2016..

Coral Bank has 49 properties. As at 31 October 2024:

  • The median value for Houses in Coral Bank is $617,494 while the median value for Units is $236,673.
There are currently no properties listed for sale, and no properties listed for rent in Coral bank on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Coral bank.

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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.