SOLD
Sold on 01 Feb 2024 for $500,000

121 Katamatite-Nathalia Road
Katamatite VIC 3649

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 385900m2
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Property Details for 121 Katamatite-Nathalia Rd, Katamatite

Building Type
Rural
Land Size
385900m2
Local Government
Moira
Lot/Plan
36/PP5410

Last Listing description (November 2023)

These properties rarely become available in this tightly held area, on the edge of Katamatite, 10 minutes drive to Cobram & 30 minutes drive to Shepparton, fronting the main Katamatite/Shepparton Road.
* currently used for dryland cropping & running sheep
* good boundary fencing with the property split into 2 paddocks

* Katandra water pipeline to the property
* The freshly painted tourist attraction on the Katamatite silo is next door
* treed potential homesite
* power nearby

Our vendor has reluctantly agreed, after many years of ownership, that retirement is beckoning!!

Property History for 121 Katamatite-Nathalia Rd, Katamatite, VIC 3649

A timeline of how this property has performed in the market
Last Sold
$500,000
01 Feb 2024
  • 01 Feb 2024
    Sold for $500,000
  • 21 Nov 2023
    Listed for Sale Expressions of Interest Invited

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About Katamatite 3649

The size of Katamatite is approximately 126.7 square kilometres. It has 1 park covering nearly 0.4% of total area. The population of Katamatite in 2011 was 433 people. By 2016 the population was 392 showing a population decline of 9.5% in the area during that time. The predominant age group in Katamatite is 50-59 years. Households in Katamatite are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Katamatite work in a managers occupation. In 2011, 77.6% of the homes in Katamatite were owner-occupied compared with 74.8% in 2016.

Katamatite has 284 properties. Over the last 5 years, Houses in Katamatite have seen a 119.08% increase in median value. As at 30 November 2024:

  • The median value for Houses in Katamatite is $593,916 while the median value for Units is $288,278.
There are currently no properties listed for sale, and 2 properties listed for rent in Katamatite on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Katamatite.

Suburb Insights for Katamatite 3649

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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.