SOLD
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Sold on 27 Jun 2024 for $1,350,000

255 Mcdonalds Drain Road
Koo Wee Rup VIC 3981

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 7.1ha
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Property Details for 255 Mcdonalds Drain Rd, Koo Wee Rup

255 Mcdonalds Drain Rd, Koo Wee Rup is a 2 bedroom, 1 bathroom AcreageSemi-rural. The property has a land size of 7.1ha. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom AcreageSemi-rural sold in Koo Wee Rup in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
7.1ha
Local Government
Cardinia
Lot/Plan
1/TP387829

Last Listing description (June 2024)

17.5 Acreage Property with 2.2 Meg Water Licence
Located in the much sought after Koo Wee Rup, this 17.5-acre property offers a rare opportunity for those seeking a slice of rural paradise.
Koo Wee Rup is renowned for its serene countryside ambiance while still being conveniently close to essential amenities.

Boasting a substantial 2.2-meg water licence, this acreage is perfectly suited for agricultural pursuits, lifestyle living and has investment potential. With a prime location, abundant water resources, and stunning natural beauty, this property is a blank canvas ready for your vision to come to life.

The 2.2-meg water licence is a precious asset for agricultural endeavors. It provides ample irrigation for a variety of crops or farming activities, making it an ideal property for horticulture, viticulture, or any other agricultural pursuit ( STCA ).

The home itself is an original weatherboard residence offering two great sized bedrooms plus family bathroom, a good size kitchen with plenty of cupboard space, lounge and dining room, wood heater and new split system heating/cooling satisfying all your needs.

The land features 5 separate paddocks, all with water and fully fenced making it ideal for horses, cattle.

As the demand for rural properties continues to grow, this acreage property represents a solid investment. The combination of size, water rights and location ensures a bright future for potential appreciation in value.

Call Karen Day for more Information on 0490 242 303.

Property History for 255 Mcdonalds Drain Rd, Koo Wee Rup, VIC 3981

A timeline of how this property has performed in the market
Last Sold
$1,350,000
27 Jun 2024
  • 27 Jun 2024
    Sold for $1,350,000
  • 02 Nov 2023
    Listed for Sale $1,250,000 - $1,350,000
  • 09 Feb 2021
    Sold for $1,010,000
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About Koo Wee Rup 3981

The size of Koo Wee Rup is approximately 57.6 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Koo Wee Rup in 2011 was 3,079 people. By 2016 the population was 3,583 showing a population growth of 16.4% in the area during that time. The predominant age group in Koo Wee Rup is 0-9 years. Households in Koo Wee Rup are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koo Wee Rup work in a trades occupation. In 2011, 74.2% of the homes in Koo Wee Rup were owner-occupied compared with 75.8% in 2016.

Koo Wee Rup has 2,074 properties. Over the last 5 years, Houses in Koo Wee Rup have seen a 34.19% increase in median value, while Units have seen a 32.27% increase. As at 31 October 2024:

  • The median value for Houses in Koo Wee Rup is $720,246 while the median value for Units is $500,471.
  • Houses have a median rent of $595 while Units have a median rent of $358.
There are currently 30 properties listed for sale, and 1 property listed for rent in Koo wee rup on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Koo wee rup.

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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.