OFF MARKET

3306 Princes Highway
Drumborg VIC 3304

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Land area: 511600m2
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Property Details for 3306 Princes Hwy, Drumborg

Building Type
Land
Land Size
511600m2
Local Government
Glenelg
Lot/Plan
2/PS745942

Last Listing description (November 2024)

Jason Malseed from Malseeds Real Estate is pleased to present for sale "Glendale". Situated with Princes Highway frontage with dual road frontage to Loftus Road, 12kms from Heywood.

This picturesque 125-acre (approx) property has been tightly held in the family for 50 years. Prime grazing country with versatile soils, suited to beef, sheep, grapes or a dairy out paddock production. Exceptional views for an elevated house site, this property would be the ideal location to build your dream home!

Adjacent to prize winning cool climate Riesling wine producing "Seppelt Vineyard". Well set up with all the hard work done, this is an exceptional lifestyle property!

This attractive undulating property with an average rainfall of 800ml plus offers seasonal security due its location and is centrally located to all major regional centres Mount Gambier (75kms), Hamilton (72kms), Portland (40kms), Warrnambool (110kms).

IMPROVEMENTS:
- All new fencing across entire farm including electric
- Secure water with poly pipe (1 ") trenched to all paddocks with troughs installed (installed 2017)
- 55 metre submersible bore, tank and pressure pump (installed 2017)
- Unequipped limestone dairy with power providing electric fencing and pressure pump providing for stock water
- 70 steel head cattle yards with crush on hardstand with all-weather access from Highway
- Fertiliser history
- Subdivided into 5 paddocks
- Shelter belts

Average rainfall 32"/800ml plus (approx)
Currently carrying 40 cows and calves

For more information/Section32 and to express your interest please contact Jason Malseed 0419 032 795

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Property History for 3306 Princes Hwy, Drumborg, VIC 3304

A timeline of how this property has performed in the market
Last Sold
$950,000
23 Aug 2022
  • 04 Feb 2023
    Listed for Sale $8,500 ono per acre
  • 23 Aug 2022
    Sold for $950,000
  • 07 Jul 2022
    Listed for Sale CONTACT AGENT

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About Drumborg 3304

The size of Drumborg is approximately 232.9 square kilometres. It has 4 parks covering nearly 94.8% of total area. The population of Drumborg in 2011 was 312 people. By 2016 the population was 161 showing a population decline of 48.4% in the area during that time. The predominant age group in Drumborg is 10-19 years. Households in Drumborg are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Drumborg work in a managers occupation. In 2011, 82.2% of the homes in Drumborg were owner-occupied compared with 64.8% in 2016..

Drumborg has 99 properties. Over the last 5 years, Houses in Drumborg have seen a 138.59% increase in median value. As at 31 October 2024:

  • The median value for Houses in Drumborg is $608,844.
There are currently no properties listed for sale, and no properties listed for rent in Drumborg on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Drumborg.

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