SOLD
Sold on 16 Jul 2024 for $1,900,000

1407 Foster-Mirboo Road
Dollar VIC 3871

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1149309m2
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Property Details for 1407 Foster-Mirboo Rd, Dollar

Building Type
Rural
Land Size
1149309m2
Local Government
South Gippsland
Lot/Plan
22C/PP2559

Last Listing description (December 2023)

In the heart of South Gippsland, situated in the traditional blue gum grazing region of Milford and Dumbalk North is this highly productive grazing property.

Running 110 Angus breeders and 200 Ewes on country that is best described as South Gippsland's very own High-Country Grazing.

- 284 acres / 115 ha (approx.) - 2 Titles

- Undulating, hilly to steep country with warm sheltered valleys
- Exceptionally clean and productive with native trefoil & clover pastures
- Secure water by way of Dams, Creek, and troughs
- Good fencing with 9 paddocks
- Small 2 stand shearing shed, ideal for crutching with small yards
- High rain fall district averaging 1025mm annually
- 30 minutes to Gippsland's premiere cattle selling centre of Koonwarra

A considered buyer will know the security of seasons and opportunities that this blue gum grazing country offers. The sheltered treed valleys and meandering creek and tree ferns offering both commercial and lifestyle attributes in a secure high rainfall district.

30 minutes to South Gippsland's major township of Leongatha, 1 hour to the Latrobe Valley's city of Traralgon and 2.5 hours to Melbourne CBD.

For further information and to arrange a personal inspection, please call Irene Walker at SEJ Livestock & Real Estate.

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Property History for 1407 Foster-Mirboo Rd, Dollar, VIC 3871

A timeline of how this property has performed in the market
Last Sold
$1,900,000
16 Jul 2024
  • 16 Jul 2024
    Sold for $1,900,000
  • 23 Jun 2023
    Sold for $2,090,000
  • 01 Feb 2023
    Listed for Sale $2,130,000
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About Dollar 3871

The size of Dollar is approximately 19.5 square kilometres. The population of Dollar in 2011 was 213 people. By 2016 the population was 46 showing a population decline of 78.4% in the area during that time. The predominant age group in Dollar is 40-49 years. Households in Dollar are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dollar work in a managers occupation. In 2011, 78% of the homes in Dollar were owner-occupied compared with 85.7% in 2016..

Dollar has 52 properties. Over the last 5 years, Houses in Dollar have seen a 101.15% increase in median value. As at 31 October 2024:

  • The median value for Houses in Dollar is $987,364.
There are currently no properties listed for sale, and no properties listed for rent in Dollar on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Dollar.

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