120 Murray Rd, Modella is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 281501m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
A perfect 70 acres with nothing to spend. This property is very well set up, currently operating as a beef farm, with good cattle facilities, central laneway, ample water from a deep bore, good fencing and excellent shedding. The property also consists of horse facilities including, arena, round yard, stables etc. The property also offers a beautiful modern weatherboard home consisting of 3 bedrooms, 2 bath, large open plan kitchen/dining / living area and all the luxuries. A great location within approx 15 mins to Drouin, Longwarry and the Princes Freeway.
The size of Modella is approximately 30.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Modella in 2011 was 414 people. By 2016 the population was 148 showing a population decline of 64.3% in the area during that time. The predominant age group in Modella is 40-49 years. Households in Modella are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Modella work in a managers occupation. In 2011, 84.4% of the homes in Modella were owner-occupied compared with 79.2% in 2016..
Modella has 80 properties. Over the last 5 years, Houses in Modella have seen a 67.31% increase in median value, while Units have seen a 260.03% increase. As at 30 November 2024:
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