OFF MARKET

211 Drummonds Lane
Derrinal VIC 3523

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 420874m2
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Property Details for 211 Drummonds Lane, Derrinal

211 Drummonds Lane, Derrinal is a 0 bedroom, 0 bathroom House. The property has a land size of 420874m2.

Building Type
House
Land Size
420874m2
Local Government
Greater Bendigo
Lot/Plan
1/PS834665

Last Listing description (September 2024)

This is an incredible opportunity for someone looking to establish their dream home in the picturesque Heathcote wine region. With its expansive size and breath-taking panoramic views, this 104-acre allotment offers the perfect canvas for building a family retreat. The convenience of being surrounded by acclaimed wineries adds to the allure of its location.

The property's existing amenities, such as electricity, a bore and 3 dams, along with its fertile soil and well-maintained fencing, make it even more appealing for those interested in continuing the tradition of sheep and cattle grazing or taking advantage of the approved planning permit to develop the land into a equine center with approval for a stunning house, equestrian center complete with 24 stalls, 20m X 61m indoor riding area with seating and viewing lounge, kitchen, office, grooming area. This permit includes endorsed land and waste management plans, operations manual and a site dwelling and landscape plan, all of which are available to view on request.

With Heathcote only a short drive away and Bendigo within easy reach, residents can enjoy both the tranquillity of rural living with the conveniences of nearby towns.

Property History for 211 Drummonds Lane, Derrinal, VIC 3523

A timeline of how this property has performed in the market
  • 03 May 2024
    Listed for Sale Not Disclosed
  • 18 Jun 2020
    Listed for Sale $440,000

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About Derrinal 3523

The size of Derrinal is approximately 60.3 square kilometres. It has 1 park covering nearly 2.6% of total area. The population of Derrinal in 2011 was 266 people. By 2016 the population was 44 showing a population decline of 83.5% in the area during that time. The predominant age group in Derrinal is 70-79 years. Households in Derrinal are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Derrinal work in a managers occupation. In 2011, 79.8% of the homes in Derrinal were owner-occupied compared with 66.6% in 2016..

Derrinal has 116 properties. Over the last 5 years, Houses in Derrinal have seen a 82.14% increase in median value. As at 30 September 2024:

  • The median value for Houses in Derrinal is $754,515.
There are currently 1 property listed for sale, and no properties listed for rent in Derrinal on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Derrinal.

Suburb Insights for Derrinal 3523

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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.