OFF MARKET

3699 Casterton-Penola Road
Lake Mundi VIC 3312

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2914630m2
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Property Details for 3699 Casterton-Penola Rd, Lake Mundi

Building Type
Rural
Land Size
2914630m2
Local Government
Glenelg
Lot/Plan
10/PS544462

Last Listing description (December 2017)

To be SOLD as a whole or in 2 contingent lots
Settlement date 19/2/18
Rarely does quality, high carrying land such as Ruthven present itself

Situated only 22km from Penola
Great versatility for cattle, wool, prime lamb, or dairy cattle.
Lot 1
131.7HA/325.4 Acres approx. Attractive Red Gum country fenced into 11 paddocks, central water pressure system, large storage shed steel/timber cattle yards, fronts Penola Casterton Road, 120 Ml water licence
Lot 2
175.5HA/433.7 Acres approx. Prime open grazing land, fenced into 7 paddocks, scattered gums, watered by pressure and solar pump tank, troughs, fronts Nangwarry Rd, Taylors Road, Border Rd , 240 Ml water licence
The focus of the farm has been on maximising grass production and animal productivity.
Ruthven is an ideal farm for an established operator looking to expand or a family looking for a property with the lot.
To fully appreciate the powerhouse this farm is, book an inspection TODAY.
Contact Agents Peter Creek 0428 838 332 or Andrew Whan 0427 799 406
IN ASSOCIATION WITH DAVID JOHN LICENSED ESTATE AGENT LIC NO 033100L
70 COMMERCIAL STREET WEST, MT. GAMBIER 08 8723 1066

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Property History for 3699 Casterton-Penola Rd, Lake Mundi, VIC 3312

A timeline of how this property has performed in the market
Last Sold
$1,387,690
10 Apr 2018
  • 10 Apr 2018
    Sold for $1,387,690
  • 03 Nov 2017
    Listed for Sale Auction 9 Dec 11am (SA) at Royal Oak Hotel Penola

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About Lake Mundi 3312

The size of Lake Mundi is approximately 400.9 square kilometres. It has 3 parks covering nearly 22.7% of total area. The population of Lake Mundi in 2011 was 233 people. By 2016 the population was 12 showing a population decline of 94.8% in the area during that time. The predominant age group in Lake Mundi is 60-69 years. Households in Lake Mundi are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lake Mundi work in a managers occupation. In 2006, 19.4% of the homes in Lake Mundi were owner-occupied compared with 76.6% in 2011..

Lake Mundi has 77 properties.

    There are currently no properties listed for sale, and no properties listed for rent in Lake mundi on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Lake mundi.

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