SOLD
Sold on 05 Apr 2024 for $5,090,093

277 Illowa Road
Illowa VIC 3282

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 292311m2
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Property Details for 277 Illowa Rd, Illowa

Building Type
Rural
Land Size
292311m2
Local Government
Moyne
Lot/Plan
4/LP4179

Last Listing description (May 2019)

Exceptional soil types & fertility. Highly suited to intensive agricultural pursuits.
A best kept secret - milking & potato country since mid to late 1800's - yet only 10km Warrnambool.
Breathtaking ocean views from Warrnambool to Port Fairy and everything in between.

25 A/S H/B dairy - 360 Meg water license watering 140 acres.
2 homes - 3/4 bedroom cream B/V & stone cottage
Kelly's Wetlands provides magnificent birdlife in Winter & cattle fattening country in other seasons
One of our areas best kept secrets, yet they have been milking cows on 'Weerongurt' for over 100 years. An outstanding location within 10km of the rapidly expanding regional centre with breathtaking ocean views from Warrnambool City to Port Fairy and everything in between. Exceptional fertility and soil types, complemented by 360 Megalites Irrigation license, currently watering 140 acres.
'Weerongurt' formed part of the Farnham special survey of 5120 Acres, which was taken up by William Rutledge from the Crown in 1843. 'This country quickly gained inter colonial celebrity for its famous potatoes and dairying with exceptional richness of soil being chocolate loams over limestone', as quoted in the newspaper at the Auction of Farnham Park in the 1890's. Not much has changed. The Madden family have owned 'Weerongurt' for over 75 years, demonstrating how safely held this property is.
Adding another dimension to 'Weerongurt' is Kelly's Wetlands, which provide a sanctuary for magnificent birdlife in the Winter months and valuable cattle fattening country in other seasons.
Structural improvements include a 3/4brm cream brick veneer home, and original stone sharefarmer cottage. A 25 aside Herringbone dairy and machinery shed are in working order. In recent times the property has milked up to 300 cows on a fully self contained basis, with young and dry stock retained on the property, including fodder production.
'Weerongurt' would have the highest appeal to landbankers and investors, intensive agriculturalists or simply if you would like to watch the waves roll in and the bullocks fatten.

Property History for 277 Illowa Rd, Illowa, VIC 3282

A timeline of how this property has performed in the market
Last Sold
$5,090,093
05 Apr 2024
  • 05 Apr 2024
    Sold for $5,090,093
  • 25 Apr 2019
    Sold for $66,000
  • 25 Apr 2019
    Sold for $720,000
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About Illowa 3282

The size of Illowa is approximately 20.8 square kilometres. It has 1 park. The population of Illowa in 2011 was 353 people. By 2016 the population was 313 showing a population decline of 11.3% in the area during that time. The predominant age group in Illowa is 40-49 years. Households in Illowa are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Illowa work in a trades occupation. In 2011, 89.6% of the homes in Illowa were owner-occupied compared with 86.3% in 2016..

Illowa has 163 properties. Over the last 5 years, Houses in Illowa have seen a 55.91% increase in median value. As at 31 October 2024:

  • The median value for Houses in Illowa is $1,054,952 while the median value for Units is $535,472.
There are currently 2 properties listed for sale, and no properties listed for rent in Illowa on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Illowa.

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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.