OFF MARKET

630 Crambs Road
Mount Bute VIC 3324

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 816553m2
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Property Details for 630 Crambs Rd, Mount Bute

Building Type
Rural
Land Size
816553m2
Local Government
Corangamite
Lot/Plan
118/PP2629

Last Listing description (February 2014)

CROPPING PROPERTY with TWO TENANTS PROVIDING RETURNS
This Mount Bute property offers a comfortable home in excellent condition with extensive shedding and silos with outstanding arable cropping country, let to a good farming tenant. The land is zoned Farm Zone (FZ) and is 330 acres 2 roods and 31 perches (approx 133.85 HA) and currently has two separate tenants. The 3 bedroom home is currently let to good reliable tenants, who would stay on, if required. The acreage is tenanted separately to farmers who crop the land and pay per acre per annum. The land is very arable with excellent water supply via 8 dams, a creek and two large tanks for the house. Fencing is exceptional and mainly new, infrastructure includes 6 silos, 2 machinery sheds, hay shed, woolshed, garage and established garden. This property, located just 60km from Ballarat, offers an excellent opportunity to start out, add to an existing holding or purchase with Income already generating for your Self-Managed Super Fund. Current crops harvest will be completed by January 2014 and a new lease could be negotiated.
Genuine Sellers.

Property History for 630 Crambs Rd, Mount Bute, VIC 3324

A timeline of how this property has performed in the market
Last Sold
$905,000
07 Mar 2014
  • 07 Mar 2014
    Sold for $905,000
  • 29 Aug 2013
    Listed for Sale $1,100,000
  • 10 Oct 2008
    Sold for $992,081
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About Mount Bute 3324

The size of Mount Bute is approximately 65.1 square kilometres. The population of Mount Bute in 2011 was 926 people. By 2016 the population was 53 showing a population decline of 94.3% in the area during that time. The predominant age group in Mount Bute is 0-9 years. Households in Mount Bute are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Mount Bute work in a managers occupation. In 2006, 19.7% of the homes in Mount Bute were owner-occupied compared with 76.3% in 2011..

Mount Bute has 37 properties. Over the last 5 years, Houses in Mount Bute have seen a 38.49% increase in median value. As at 30 November 2024:

  • The median value for Houses in Mount Bute is $588,313.
There are currently no properties listed for sale, and no properties listed for rent in Mount bute on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Mount bute.

Suburb Insights for Mount Bute 3324

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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.