850 Ryan RoadMerrigum VIC 3618
Property Details for 850 Ryan Rd, Merrigum
Last Listing description (September 2023)
This rural property comprises 240 acres (97.16ha) of prime land, which is divided into three separate titles. The majority of the land has been cleared and is well-suited for both cropping and grazing purposes.
The property boasts valuable water resources, including 3.43 delivery share for irrigation and 3 ML of stock domestic water. With five irrigation outlets, it is equipped for efficient farming practices.
On-site accommodation includes three homes, although two of them are in need of extensive repairs. In addition to the homes, the property features disused dairy and cattle yards, which could be revitalized for potential cattle farming.
Convenient access is ensured by the bitumen road frontage and close to major towns.
A unique aspect of this property is its rich family history, having remained in the same family for over a century.
Terms: 10% Deposit
Settlement: 60 Days or by mutual agreement
Property History for 850 Ryan Rd, Merrigum, VIC 3618
- 28 Sep 2023Sold for $1,360,000
- 24 Aug 2023Listed for Sale Auction Thurs 28th Sept. @ 11am On Site
- 21 Oct 2011Transferred
Commute Calculator
Recent sales nearby
See more recent sales nearbyAbout Merrigum 3618
The size of Merrigum is approximately 55.9 square kilometres. It has 2 parks covering nearly 0.8% of total area. The population of Merrigum in 2011 was 674 people. By 2016 the population was 673 showing a population decline of 0.1% in the area during that time. The predominant age group in Merrigum is 50-59 years. Households in Merrigum are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Merrigum work in a labourer occupation. In 2011, 79.6% of the homes in Merrigum were owner-occupied compared with 78.9% in 2016.
Merrigum has 422 properties. Over the last 5 years, Houses in Merrigum have seen a 69.01% increase in median value. As at 31 July 2024:
- The median value for Houses in Merrigum is $348,331 while the median value for Units is $398,714.
Suburb Insights for Merrigum 3618
Market Insights
Merrigum Trends for Houses
N/A
N/A
View TrendN/A
N/A
Merrigum Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
