OFF MARKET

179 Lower Jack Road
Jack River VIC 3971

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 97m2
Land area: 983388m2
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Property Details for 179 Lower Jack Rd, Jack River

Building Type
Rural
Year Built
2001
Floor Size
97m2
Land Size
983388m2
Local Government
Wellington
Lot/Plan
2/LP140815

Last Listing description (November 2024)

South Eastern Victoria

243 acres?5 titles

- Offered for sale for the first time in 140 years

- Highly fertile alluvial floodplains
- Double river frontage & 150 meg. "River Licence"
- 'Rapid Exit' 12 aside dairy with 6600 litre vat
- Harvestore' feed tower' (100-acre capacity)
-5 bedroom residence on sealed road ...school bus route
- Reliable 800 mm annual rainfall

Located on the fertile flood plains west of Yarram, this property was amongst some of the earliest settled farmlands in Victoria, remaining in the same family dynasty since the 1880's.
The Jack River district is renowned for its fertile, free draining alluvial soils and coupled with a substantial "river water' licence. This property provides enormous potential for a multitude of agricultural pursuits.
The dairying infrastructure has been supported by a large capacity Harvestore feed tower and feed shed specifically to maximize milk production.
Due to its proximity to the coast, the district enjoys a relatively mild climate conducive to a range of successful livestock related enterprises.
Viable tracts of this 'tightly held' farming country rarely come to the market ?.....inspection recommended!

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5144 4444

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Property History for 179 Lower Jack Rd, Jack River, VIC 3971

A timeline of how this property has performed in the market
Last Sold
$287,500
05 Apr 1991
  • 24 May 2024
    Listed for Sale $2,900,000
  • 05 Apr 1991
    Sold for $287,500
  • 16 Feb 1991
    Listed for Sale Not Disclosed
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About Jack River 3971

The size of Jack River is approximately 49.6 square kilometres. It has 2 parks covering nearly 22% of total area. The population of Jack River in 2011 was 300 people. By 2016 the population was 114 showing a population decline of 62.0% in the area during that time. The predominant age group in Jack River is 60-69 years. Households in Jack River are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jack River work in a managers occupation. In 2011, 73.6% of the homes in Jack River were owner-occupied compared with 66.1% in 2016..

Jack River has 92 properties. Over the last 5 years, Houses in Jack River have seen a 97.74% increase in median value, while Units have seen a 93.46% increase. As at 30 November 2024:

  • The median value for Houses in Jack River is $736,119 while the median value for Units is $339,305.
There are currently 3 properties listed for sale, and no properties listed for rent in Jack river on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Jack river.

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