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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

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.

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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 2,077 properties. Over the last 5 years, Houses in Koo Wee Rup have seen a 27.71% increase in median value, while Units have seen a 36.24% increase. As at 30 November 2024:

  • The median value for Houses in Koo Wee Rup is $702,794 while the median value for Units is $519,863.
  • Houses have a median rent of $600 while Units have a median rent of $358.
There are currently 35 properties listed for sale, and 2 properties listed for rent in Koo wee rup on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Koo wee rup.

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