RENOWNED MILLBROOK DISTRICT PROPERTY
OFFERED FOR SALE FOR THE FIRST TIME IN OVER 100 YEARS CONFIRMS JUST HOW TIGHTLY HELD AND HIGHLY REGARDED THE MILLBROOK AREA IS. PRODUCTIVE SOILS, PRIVATE AND PICTURESQUE ENVIRONMENT LAY THE FOUNDATION FOR THE PURCHASER TO ACQUIRE AS A WHOLE OR SEPARATELY. THE 'RYAN' PROPERTY COMPRISES OF APPROXIMATELY 208 ACRES OVER FOUR ALLOTMENTS. LOT 1. COMPRISES OF 15.7HA OR 38.7 ACRES APPROX., RICH RED CHOCOLATE VOLCANIC SOIL, A CIRCA 1900'S RED BRICK HOME WHICH IS IN SOLID CONDITION BUT IN NEED OF RESTORATION AND SERVICES CONNECTED INCLUDE TOWN WATER AND POWER. LOT 2. ADJOINS LOT 1 AND COMPRISES OF 15.9HA OR 39.15 ACRES APPROX. OF GREY RED LOAM AND WITH NO STRUCTURAL IMPROVEMENTS. LOT 3. COMPRISES OF 18.2HA OR 45 ACRES APPROX., WITH RICH CHOCOLATE LOAM, BORE AND NO STRUCTURAL IMPROVEMENTS AND CAN BE ACCESSED FROM OLD MELBOURNE ROAD. LOT 4. COMPRISES 38HA OR 94 ACRES APPROX., THIS ALLOTMENT HAS FULL CREEK FRONTAGE TO THE MOORABOOL RIVER, RICH VOLCANIC RED BANKS TO LOW HEAVY CARRYING BLACK GREY LOAM AND A DAM. THE PROPERTY IS FOR GENUINE SALE AND IS LOCATED 1 HOUR FROM MELBOURNE AND 15 MINUTES TO BALLARAT. A PIECE OF MILLBROOK DISTRICT HISTORY.
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 44.54% increase in median value, while Units have seen a -76.96% decrease. As at 31 October 2024:
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