433 South RoadMortlake VIC 3272
Property Details for 433 South Rd, Mortlake
Last Listing description (March 2024)
594.28 Acres* / 240.5 Hectares*
Key property features include:
? Spacious 4 bedroom home with open plan kitchen, meals & dining, formal dining, formal lounge, office, plus additional guest accommodation
? Hay and machinery shedding, separate workshop and utility shed, silo
? Reticulated water from dam and bores to troughs throughout
? Central laneway system, established shelter plantations
? 95%* + arable clay loam soils, highly suitable for cropping, grazing and fodder production
? Passive income stream from non-agricultural assets
Agents comments:
A highly improved property with excellent improvements, and complemented by versatile arable land that has been the recipient of strategic ameliorant applications.
For Sale at $7,500 per acre
Inspections strictly by appointment
*denotes approximately
Property History for 433 South Rd, Mortlake, VIC 3272
- 14 Mar 2024Listed for Sale Not Disclosed
- 24 Mar 2023Sold for $4,457,170
- 24 Feb 2023Listed for Sale $7,500 per acre
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About Mortlake 3272
The size of Mortlake is approximately 354.5 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Mortlake in 2011 was 1,354 people. By 2016 the population was 1,360 showing a population growth of 0.4% in the area during that time. The predominant age group in Mortlake is 60-69 years. Households in Mortlake are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mortlake work in a managers occupation. In 2011, 74.6% of the homes in Mortlake were owner-occupied compared with 74.7% in 2016.
Mortlake has 988 properties. Over the last 5 years, Houses in Mortlake have seen a 128.55% increase in median value, while Units have seen a 67.51% increase. As at 31 August 2024:
- The median value for Houses in Mortlake is $345,177 while the median value for Units is $384,875.
- Houses have a median rent of $400.
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