OFF MARKET

552 Pircarra Lane
Derrinallum VIC 3325

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 5050485m2
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Property Details for 552 Pircarra Lane, Derrinallum

Building Type
Rural
Land Size
5050485m2
Local Government
Corangamite
Lot/Plan
1/LP114860

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.

? Outstanding farm infrastructure: 160' x 80' machinery shed, 80' x 35' machinery shed with adjoining chemical shed, staff room/office, 1400 tonne of grain silo storage, 3 stand raised board shearing facilities with yards & undercover working area.
? 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

A timeline of how this property has performed in the market
Last Sold
$7,646,640
22 Dec 2023
  • 22 Dec 2023
    Sold for $7,646,640
  • 07 Nov 2023
    Listed for Sale Expression of Interest
  • 01 Jun 2006
    Sold for $101,400
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About 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 73.27% increase in median value, while Units have seen a 307.02% increase. As at 30 November 2024:

  • The median value for Houses in Derrinallum is $323,610 while the median value for Units is $268,093.
There are currently 4 properties listed for sale, and 1 property listed for rent in Derrinallum on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Derrinallum.

Suburb Insights for Derrinallum 3325

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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.