OFF MARKET

778 Kurweeton Road
Derrinallum VIC 3325

Bedrooms: 6
Bathrooms: 3
Car spaces: -
Floor area: 222m2
Land area: 46329m2
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Last updated 16 Dec 2024
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Property Details for 778 Kurweeton Rd, Derrinallum

778 Kurweeton Rd, Derrinallum is a 6 bedroom, 3 bathroom House and was built in 1890. The property has a land size of 46329m2 and floor size of 222m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1890
Floor Size
222m2
Land Size
46329m2
Local Government
Corangamite
Lot/Plan
1/TP585607

Last Listing description (March 2023)

2307 acres* / 933.7 Hectares*

A rare opportunity to purchase some of Australia's most reliable cropping and grazing land, currently leased until February 2030 to a past Weekly Times/Coles cropping farmer of the year.

Features:

-Late 1800's 4 bedroom historic homestead surrounded by a mature, low maintenance garden
-Original outbuildings including a 2 bedroom self contained cottage, stables, stone meat house, shearing shed, large workshop and separate machinery shed
-Water supply from bore and rainwater tanks
-The 635* acre natural wetland frequented by many various bird species - it's yours to enjoy for free
1683* acres of land under long term lease (until 2030) to a highly regarded local farming family
-Balance of land including all buildings and 2 way airstrip not under current lease agreement

For Sale by Expressions of Interest - Closing: Thursday 15th December at 4:00pm

Inspections strictly by appointment

*denotes approximately

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Property History for 778 Kurweeton Rd, Derrinallum, VIC 3325

A timeline of how this property has performed in the market
Last Sold
$3,480,844
08 May 2023
  • 08 May 2023
    Sold for $3,480,844
  • 09 Nov 2022
    Listed for Sale Expression of Interest

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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.

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