OFF MARKET

745 Lower Cairnbrook Road
Glengarry VIC 3854

Bedrooms: 7
Bathrooms: 2
Car spaces: -
Land area: 890308m2
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Property Details for 745 Lower Cairnbrook Rd, Glengarry

Building Type
Land
Land Size
890308m2
Local Government
Wellington
Lot/Plan
51D/PP3627

Last Listing description (August 2023)

Comprising of 220 acres* of rich fertile river flats and situated in the renowned farming region of the Latrobe River catchment is this highly productive, low input dairy farm.
Situated between Glengarry and Rosedale, along with only being 15 minutes* from Traralgon is ideal for the growing family or the astute investor with it being easier to attract the manager or share farmer desired.

In summary 220* acres with 230* megaliter water right out of the Latrobe River and milking 250 cows. Good infrastructure including two dwellings.

- Divided into 31 main paddocks.
- 95% * laser graded with flood irrigation.
- 100% overflow water captured in a 10ML re-use dam
- 19-unit swing over Herrinbone dairy
- 9000 litre packo vat
- 30 tonne silos with an additional 15 tonne silo
- Allflex monitoring with heat detection, collars
- Auto drafting system
- Improved pastures with good fertilizer history
- Extensive shedding including calf, hay & machinery

Two dwellings comprising of:
The main house being 4 bedroom, 1 bathroom weather board home with a fully self-contained bungalow
The second home makes for a great workers residence or rental income. 3 bedrooms 1 bathroom, double carport & shed. Currently tenanted until June 2024 for $300 per week.

Inspection by appointment only, Contact:
Aaron Ralph 0456 215 087 & Declan Patten 0499 949 292

* denotes approximately
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 745 Lower Cairnbrook Rd, Glengarry, VIC 3854

A timeline of how this property has performed in the market
Last Sold
$1,600,000
23 Apr 2015
Listed for Rent
$230/w
07 Dec 2016
  • 15 Jul 2023
    Listed for Sale $16,000-$17,500 PER ACRE
  • 06 Sep 2018
    Listed for Sale $955,000
  • 02 Dec 2016
    Listed for Rent $230 / week
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About Glengarry 3854

The size of Glengarry is approximately 97.9 square kilometres. The population of Glengarry in 2011 was 1,360 people. By 2016 the population was 1,075 showing a population decline of 21.0% in the area during that time. The predominant age group in Glengarry is 50-59 years. Households in Glengarry are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glengarry work in a trades occupation. In 2011, 88.5% of the homes in Glengarry were owner-occupied compared with 87.2% in 2016.

Glengarry has 668 properties. Over the last 5 years, Houses in Glengarry have seen a 101.53% increase in median value, while Units have seen a 90.05% increase. As at 30 November 2024:

  • The median value for Houses in Glengarry is $715,213 while the median value for Units is $403,621.
There are currently 5 properties listed for sale, and no properties listed for rent in Glengarry on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Glengarry.

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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.