OFF MARKET

82 Mcguigans Road
Millbrook VIC 3352

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 197873m2
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Property Details for 82 Mcguigans Rd, Millbrook

Building Type
Land
Land Size
197873m2
Local Government
Moorabool
Lot/Plan
1/LP71717

Last Listing description (October 2016)

Set in a magnificent location being only 10 minutes to Ballarat, 60 minutes from Melbourne and 15 minutes to Ballan Train Station, is this approx. 101 acres or 40.92 hectares combining a mixture of Volcanic and Grey soil types.
The land is fenced into three paddocks with approx. 50 acres of flat ground in which over the years has been used for potato production and cattle fattening. Zoned Farming, under the Moorabool Shire Planning Scheme allows an automatic right to build a dwelling (STCA). Standing in the middle of the allotment, this position provides absolute privacy to build your dream home and submerges you in an area regarded for its consistent and excellent rainfall, quality ground water and being tightly held in the district.
The property offers a sealed frontage to McGuigans Road and also a legal point of entry registered carriageway on title via 159 Spreadeagle Road, Millbrook which consists of a 1.6km gravel driveway. The Moorabool West River divides the property and offers sensational gum trees and rich river flats providing excellent shelter and summer grazing for livestock. Further features include power with transformer which is located at McGuigans Road, and is also available to the North of the river, there is also a large Spring fed catchment dam with a 23.90 surface water right allocation (not visible from the road).

New boundary farm fencing to the North side will be installed at the Vendors expense prior to settlement. The long term benefits are enormous for those that want to escape the rat race but be within easy commuting access to Melbourne and Ballarat.

Property History for 82 Mcguigans Rd, Millbrook, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$11,102
19 Sep 2005
  • 04 Aug 2016
    Listed for Sale $395,000 - $420,000
  • 19 Sep 2005
    Sold for $11,102
  • 29 Jul 2004
    Sold for $76,398
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About Millbrook 3352

The size of Millbrook is approximately 39.3 square kilometres. The population of Millbrook in 2011 was 359 people. By 2016 the population was 136 showing a population decline of 62.1% in the area during that time. The predominant age group in Millbrook is 60-69 years. Households in Millbrook are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Millbrook work in a managers occupation. In 2011, 89.7% of the homes in Millbrook were owner-occupied compared with 92.2% in 2016..

Millbrook has 122 properties. Over the last 5 years, Houses in Millbrook have seen a 57.93% increase in median value, while Units have seen a -76.81% decrease. As at 31 July 2024:

  • The median value for Houses in Millbrook is $879,214 while the median value for Units is $417,102.
There are currently 2 properties listed for sale, and no properties listed for rent in Millbrook on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Millbrook.

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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.