OFF MARKET

5500 Northern Highway
Elmore VIC 3558

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 955472m2
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Property Details for 5500 Northern Hwy, Elmore

Building Type
Land
Land Size
955472m2
Local Government
Greater Bendigo
Lot/Plan
2/PS430706

Last Listing description (November 2017)

235 acres on the Campaspe River, located 8km south of Rochester on the Northern Highway. Situated at the Campaspe Weir, property has pumping access on the high side of the river. Renowned as some of the most productive soils in the district. Currently operating as Kuloomba Santa Gertrudis stud. Highway frontage will be beneficial for business pursuits. Native trees provide shelter throughout property. Property to be auctioned in 2 lots.
Lot 1 (North Weir Rd) approx 202 acres or 81.65 ha and approx 1.2km of absolute river frontage. Approx 100 acres or 40 ha lasered with automated irrigation infrastructure allowing you to irrigate the property from home. Electric pump on the high side of weir delivering water to the farm at approx 11 megs a day. Electric S&D pump supplying stock troughs. 2 megs High security water entitlement included with sale. Majority Red Loam soil types with black silt river flats . Shedding includes hay shed and machinery shed. Cattle yards. Established lucerne stands and permanent pastures. Currently sown to Rye, permanent pasture and lucerne. Perfect home site ?STCA. 200 megs of Campaspe High Security water entitlements available at market price with the sale.
Lot 2 (South Weir Rd) approx 33 acres or 13.39ha and access to the high side of the weir. 2 megs high security water entitlements included with sale. Approx 16 acres or 6.5ha lasered. Gently undulating country with sand hill and sandy loam soils. 47 megs of Campaspe High security water available for purchase at market price with the sale.

Agents Remarks: Very rarely does a property of this calibre come to market. Unique in position with Campaspe River weir frontage, quality earthworks and irrigation infrastructure, exceptional soils make this an opportunity that must be acted on. Vendors have meticulously maintained this property and buyers will be very impressed with how the property is presented. Call Luke Ryan on 0438 841 127 to arrange an inspection.
Vendor reserves the right to accept prior offers.

Property History for 5500 Northern Hwy, Elmore, VIC 3558

A timeline of how this property has performed in the market
Last Sold
$987,000
23 Nov 2017
  • 23 Nov 2017
    Sold for $987,000
  • 23 Nov 2017
    Sold for $155,000
  • 06 Oct 2017
    Listed for Sale Auction
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About Elmore 3558

The size of Elmore is approximately 135.3 square kilometres. It has 2 parks covering nearly 0.4% of total area. The population of Elmore in 2011 was 669 people. By 2016 the population was 774 showing a population growth of 15.7% in the area during that time. The predominant age group in Elmore is 60-69 years. Households in Elmore are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elmore work in a managers occupation. In 2011, 78.8% of the homes in Elmore were owner-occupied compared with 76.7% in 2016.

Elmore has 601 properties. Over the last 5 years, Houses in Elmore have seen a 49.51% increase in median value, while Units have seen a -80.23% decrease. As at 31 October 2024:

  • The median value for Houses in Elmore is $340,339 while the median value for Units is $188,715.
  • Houses have a median rent of $228.
There are currently 16 properties listed for sale, and no properties listed for rent in Elmore on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Elmore.

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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.