552 Pircarra LaneDerrinallum VIC 3325
Property Details for 552 Pircarra Lane, Derrinallum
Last Listing description (March 2024)
1248 AC* (4 Allotments) 505 HA*
Key property features include:
? A stunning 4 bedroom family residence, filled with modern comforts and surrounded by a picturesque park like garden.
? Fertile clay loam soils enhanced by precision farming practices, strategic laneway system and shelter plantations throughout, abundant supply of dam, bore and rainwater storage.
? 30 mins Camperdown, central to Warrnambool, Ballarat, and Geelong and 2 1/4 hrs Melbourne.
? First time offered in over 70 years.
Agents Comments: A rare opportunity to acquire a fully developed and highly improved, versatile rural property located in one of Australia's most reliable cropping and grazing regions. An inspection will only confirm my comments!
For Sale by Expressions of Interest: Closing Tuesday 12th December 2023 at 4:00pm
Inspections strictly by appointment
*denotes approximately
Property History for 552 Pircarra Lane, Derrinallum, VIC 3325
- 22 Dec 2023Sold for $7,646,640
- 07 Nov 2023Listed for Sale Expression of Interest
- 01 Jun 2006Sold for $101,400
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0About Derrinallum 3325
The size of Derrinallum is approximately 273.8 square kilometres. The population of Derrinallum in 2011 was 514 people. By 2016 the population was 397 showing a population decline of 22.8% in the area during that time. The predominant age group in Derrinallum is 60-69 years. Households in Derrinallum are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Derrinallum work in a managers occupation. In 2011, 73.7% of the homes in Derrinallum were owner-occupied compared with 80.3% in 2016.
Derrinallum has 312 properties. Over the last 5 years, Houses in Derrinallum have seen a 73.95% increase in median value, while Units have seen a 307.02% increase. As at 31 October 2024:
- The median value for Houses in Derrinallum is $323,782 while the median value for Units is $302,847.
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