OFF MARKET

220 Edenhope-Penola Road
Edenhope VIC 3318

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 122m2
Land area: 7320464m2
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Property Details for 220 Edenhope-Penola Rd, Edenhope

Building Type
Rural
Floor Size
122m2
Land Size
7320464m2
Local Government
West Wimmera
Lot/Plan
2/PS847412

Last Listing description (December 2021)

FOR SALE BY WAY OF AUCTION - Friday the 10th of December 1:00pm at Edenhope Golf Course.

Offered for the first time in 30 years, you are invited to participate in the the sale of "Yiddinga", a 1486ha* / 3672ac* mixed farm holding in the tightly held Edenhope region.

Just six* kilometers west of Edenhope, "Yiddinga" consists of 13 titles and is bounded by sections of the West Wimmera Highway and the Edenhope-Penola and Mundarra Estate Roads.

The successful purchaser will have an opportunity to purchase the property inclusive of plant and equipment with some exceptions, together with the fine wool Merino livestock subject to agent's valuation (David Hanel).

This is a major opportunity to acquire a significant landholding in a proven and reliable farming district - on the market as a whole for the first time in 30 years. The conservatively farmed property with its network of laneways, articulated watering and decentralised feeding systems allows for efficient operation and profitable returns.

1,486ha* (3,672ac*) to be offered as a whole.
Producing fine wool, prime lambs & cropping.
Average annual wool production is 450* bales.
6 stand shearing shed with covered yards for 1,600 sheep.
Strong fertiliser history.
Average annual rainfall is 550* mm.
Close to Naracoorte, Mt Gambier & Horsham.

The sale arises as the vendors have had a good 30-year innings at Yiddinga and wish to see the property in good hands for the future.

We invite your consideration of the information presented here and to book an inspection by appointment with Ray White Rural Victoria's selling agent Max Brown
on 0429 854 772.

Property History for 220 Edenhope-Penola Rd, Edenhope, VIC 3318

A timeline of how this property has performed in the market
Last Sold
$1,933,800
04 Feb 2022
  • 04 Feb 2022
    Sold for $1,933,800
  • 10 Dec 2021
    Sold for $4,819,756
  • 07 Nov 2021
    Listed for Sale Auction - Contact Agent
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About Edenhope 3318

The size of Edenhope is approximately 498.7 square kilometres. It has 8 parks covering nearly 3% of total area. The population of Edenhope in 2011 was 976 people. By 2016 the population was 943 showing a population decline of 3.4% in the area during that time. The predominant age group in Edenhope is 60-69 years. Households in Edenhope are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Edenhope work in a managers occupation. In 2011, 71% of the homes in Edenhope were owner-occupied compared with 74.7% in 2016.

Edenhope has 832 properties. Over the last 5 years, Houses in Edenhope have seen a 115.31% increase in median value, while Units have seen a 117.19% increase. As at 31 October 2024:

  • The median value for Houses in Edenhope is $249,877 while the median value for Units is $418,609.
  • Houses have a median rent of $273.
There are currently 5 properties listed for sale, and 1 property listed for rent in Edenhope on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Edenhope.

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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.