1015 Labertouche North RoadLabertouche VIC 3816
Property Details for 1015 Labertouche North Rd, Labertouche
Last Listing description (August 2021)
Harcourts Warragul is pleased to formally present 1015 Labertouche North Road, Labertouche, for sale via a publicly advertised Expression of Interest campaign closing Wednesday 19 May at 12pm. This significant 1148-acre landholding is home to a highly productive 650 head Holstein dairy herd with an average yearly production of 6,000,000 litres. All replacement young stock and dry cows are held on the property as well. Positioned in what is considered to be one of the most highly reliable rainfall regions of Australia, Labertouche is an ideal location for agri-business. The property itself is approximately one hour from Melbourne at the beginning of the beautiful Gippsland agricultural district, in the fast-growing southeast zone of outer Melbourne, the property is within close proximity to the Princes Highway and V-Line Railway. Consisting of approximately 1148 acres in four titles, there are opportunities for dividend stream and capital growth.
Features include;
- 2 Residences
- Concrete feed pad
- 22,700 Litre Vat with access for B-Double tankers
- 30m x 12m calf shed with power connected
- Bunyip River frontage and access
- Multiple dams with great water systems to all paddocks
- Excellent laneways
- Multiple silage pits
- Large holding yard and stockyards
- Hay and sundry shedding
A comprehensive information memorandum is available on request.
Property History for 1015 Labertouche North Rd, Labertouche, VIC 3816
- 11 Jun 2021Sold for $4,005,000
- 11 Jun 2021Sold for $8,095,000
- 09 Apr 2021Listed for Sale Expressions of Interest
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About Labertouche 3816
The size of Labertouche is approximately 64.1 square kilometres. It has 2 parks covering nearly 7.9% of total area. The population of Labertouche in 2011 was 535 people. By 2016 the population was 363 showing a population decline of 32.1% in the area during that time. The predominant age group in Labertouche is 50-59 years. Households in Labertouche are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Labertouche work in a managers occupation. In 2011, 76.5% of the homes in Labertouche were owner-occupied compared with 85.1% in 2016..
Labertouche has 181 properties. Over the last 5 years, Houses in Labertouche have seen a 72.72% increase in median value, while Units have seen a 237.90% increase. As at 31 August 2024:
- The median value for Houses in Labertouche is $1,503,257 while the median value for Units is $878,485.
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