OFF MARKET

1330 Penshurst-Dunkeld Road
Dunkeld VIC 3294

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4741174m2
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Property Details for 1330 Penshurst-Dunkeld Rd, Dunkeld

Building Type
Rural
Land Size
4741174m2
Local Government
Southern Grampians
Lot/Plan
2/TP173408

Last Listing description (January 2021)

CBRE Agribusiness is pleased to present for sale Portion of Devon Park, comprising approximately 1,273 hectares of contiguous land in the highly sought-after agricultural region of Western Victoria.

Key features of the opportunity include:


A portion of the iconic Western District rural property, Devon Park, is being offered to the market for the first time in more than 90 years.

A large scale and highly productive 1,273Ha* contiguous landholding currently utilised for livestock grazing, but with portions suitable for cropping.

Situated in the well-regarded Western District of Victoria, one of Australias most productive agricultural regions, the property features sweeping aspects over the Grampians National Park and is located 11* lineal km south of the Dunkeld town centre.

Estimated carrying capacity of 17,750* Dry Sheep Equivalents (DSE).

Highly productive land types and excellent climatic characteristics (average annual rainfall of 693mm*).

Quality fencing, a well-designed laneway system and excellent livestock water infrastructure.

Structural improvements include a Managers' residence and ancillary shedding.

Located in proximity to key infrastructure, including sale yards at Hamilton, processing facilities in Ararat (Ararat Meat Exports), Warrnambool (Midfield Meats) and Colac (Australian Lamb Company) and port facilities in Portland.

Rarely does an opportunity present where a prospective purchaser has the opportunity to acquire a portion of one of Western Victorias most renowned and historic landholdings.

FOR SALE BY AUCTION ON THURSDAY 4TH JUNE 2020 AT 12.00PM (AEST)

The auction will be held locally, at the Dunkeld Community Centre (14 Sterling Street, Dunkeld VIC) on Thursday 4 June at 12pm.

As we must plan to adhere to current regulations around restrictions and social distancing, we will need to limit attendees to 20 and ask that you please contact our team and complete an auction registration to confirm your attendance.

A link to live stream the auction will also be available for those who wish to view the auction.

Danny Thomas
+61 439 349 977
danny.thomas@cbre.com.au


*approximately

Property History for 1330 Penshurst-Dunkeld Rd, Dunkeld, VIC 3294

A timeline of how this property has performed in the market
Last Sold
$7,077,600
04 Jun 2020
  • 04 Jun 2020
    Sold for $7,077,600
  • 30 Apr 2020
    Listed for Sale Contact Agent

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About Dunkeld 3294

The size of Dunkeld is approximately 290.7 square kilometres. It has 3 parks covering nearly 2% of total area. The population of Dunkeld in 2011 was 752 people. By 2016 the population was 669 showing a population decline of 11.0% in the area during that time. The predominant age group in Dunkeld is 60-69 years. Households in Dunkeld are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dunkeld work in a managers occupation. In 2011, 72.1% of the homes in Dunkeld were owner-occupied compared with 71.8% in 2016.

Dunkeld has 625 properties. Over the last 5 years, Houses in Dunkeld have seen a 13.86% increase in median value. As at 31 August 2024:

  • The median value for Houses in Dunkeld is $298,003 while the median value for Units is $268,970.
  • Houses have a median rent of $300.
There are currently no properties listed for sale, and no properties listed for rent in Dunkeld on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Dunkeld.

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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.