OFF MARKET

3064 Western Highway
Ercildoune VIC 3352

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 2513000m2
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Property Details for 3064 Western Hwy, Ercildoune

Building Type
Commercial
Land Size
2513000m2
Local Government
Pyrenees
Lot/Plan
5~A/PP3004

Last Listing description (August 2024)

For Sale $6,800/acre
Situated just 25 minutes from Ballarat and 2 hour's drive from Melbourne this classic cropping/mixed farming opportunity has been under the one ownership for the last 40 years.
Located in the renowned and tightly held Ercildoune/Burrumbeet farming district, the property is well suited to cereals, oilseeds and fodder cropping making it an ideal and flexible property to run a cropping and grazing enterprise.

This farm has grey loam soils and is majority arable apart from the house, shelter belts and shedding areas, and is well fenced into 20 main paddocks watered with a combination of catchment dams and troughs serviced from a bore at the homestead. There are two further bores which are not in use.
Further improvements include a three-bay machinery shed, five-bay hayshed, enclosed machinery shed, two stand woolshed with yards, steel cattle-yards and ramp.
The neat and well maintained circa 1950's 4br homestead with expansive living zones and surrounding gardens have lovely mountain views to the north and garage for two vehicles.
Early access for the successful purchaser for cropping purposes will be considered from late 2022/early 2023, with the owner to have an option stay in the homestead for a further 3 months post-settlement if required.
A wonderful opportunity to acquire an A Grade asset for the future.

10% Deposit
Settlement: 90 days
For inspection, documentation or more information:
Adrian Smith
Nutrien Harcourts Ballarat
0400178945
E: adrian.smith@nutrien.com.au
www.nutrienharcourts.com.au

Property History for 3064 Western Hwy, Ercildoune, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$3,726,000
04 Aug 2023
  • 04 Aug 2023
    Sold for $3,726,000
  • 03 Jul 2023
    Listed for Sale Not Disclosed
  • 03 Apr 2019
    Transferred
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About Ercildoune 3352

The size of Ercildoune is approximately 87.7 square kilometres. The population of Ercildoune in 2011 was 395 people. By 2016 the population was 51 showing a population decline of 87.1% in the area during that time. The predominant age group in Ercildoune is 60-69 years. Households in Ercildoune are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ercildoune work in a managers occupation. In 2011, 80.9% of the homes in Ercildoune were owner-occupied compared with 92% in 2016..

Ercildoune has 65 properties. Over the last 5 years, Houses in Ercildoune have seen a 75.70% increase in median value. As at 31 August 2024:

  • The median value for Houses in Ercildoune is $681,398.
There are currently no properties listed for sale, and no properties listed for rent in Ercildoune on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Ercildoune.

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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.