OFF MARKET

1944 Mcbain Road
Koyuga VIC 3622

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 216582m2
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Property Details for 1944 Mcbain Rd, Koyuga

Building Type
Land
Land Size
216582m2
Local Government
Campaspe
Lot/Plan
43~A/PP2935

Last Listing description (January 2023)

AUCTION Rescheduled - Sunday 6th November @ 11am

Munro's is a property of distinction with unique qualities to be offered in two separate lots. Lot 1 the home lot comprising 9.8 HA (24 acres approx) has frontage to McBain Road and has a unique sandhill topography with rich sandy loams ideally suited for any intensive horticultural needs. Munro's has been well held in the Munro family since the 1920's with it's original use being mixed farming including dairy and horticulture. In recent times it has been leased out for dairy agistment but has so much potential to redevelop for stud cattle, horses or horticulture needs. The home block comprises a beautifully built 4-bedroom brick veneer home circa late 1960's with the home as good as the day it was built with an upgraded kitchen and bathroom to suit today's needs. There is split system air conditioning in the living and main bedroom, solid fuel heater in the lounge plus built-in robes to 3 bedrooms. There is a 3 bay colour bond machinery shed within the self-contained house yard, a small horse paddock and an old historic dairy surrounded by peppercorn tree plantations, giving the homestead ambience with great bones and potential to further develop for cattle or horse use. The main paddock is a sandhill subdivided into two paddocks with mature tree plantations and an opportunity to engage an irrigation system to the backbone channel that boundaries the title.

Lot 2 comprises 11.9 HA (29 acres approx.) and has internal bridge access to Lot 1. Bitumen road frontages to McBain Road and Murphy Road with double gate access off Murphy Road will allow local farming opportunists to buy additional farming land. Laid out to flood irrigation with irrigation outlets in need of modernization.

The location for these two separate properties is ideal being central to Shepparton, Echuca and Kyabram. The properties will not be sold prior to auction, with the vendors instructions to offer the properties separately on auction day.
There will be a small clearing sale held after the auction for household goods and chattels.

Property History for 1944 Mcbain Rd, Koyuga, VIC 3622

A timeline of how this property has performed in the market
Last Sold
$690,000
06 Nov 2022
  • 06 Nov 2022
    Sold for $690,000
  • 06 Nov 2022
    Sold for $260,000
  • 03 Oct 2022
    Listed for Sale AUCTION Sunday 6th Nov @ 11am Onsite
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About Koyuga 3622

The size of Koyuga is approximately 93.7 square kilometres. It has 1 park covering nearly 1.6% of total area. The population of Koyuga in 2011 was 328 people. By 2016 the population was 306 showing a population decline of 6.7% in the area during that time. The predominant age group in Koyuga is 60-69 years. Households in Koyuga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koyuga work in a managers occupation. In 2011, 83% of the homes in Koyuga were owner-occupied compared with 86.2% in 2016..

Koyuga has 183 properties. Over the last 5 years, Houses in Koyuga have seen a 52.00% increase in median value. As at 30 November 2024:

  • The median value for Houses in Koyuga is $523,557 while the median value for Units is $509,381.
There are currently 1 property listed for sale, and no properties listed for rent in Koyuga on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Koyuga.

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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.