263 Mcphersons RoadMundoona VIC 3635
Property Details for 263 Mcphersons Rd, Mundoona
Last Listing description (May 2024)
Sitting on a total of 319 acres (approx) of mostly Shepparton Fine Sandy Loam this property is suitable for any horticultural or agricultural enterprise. Approximately 250 acres is under irrigation, with 3 outlets, 2.12 delivery shares with an output of 572 megaliters.
The property includes a 3 bedroom house with open kitchen & meals, plus 3 separate living areas & includes 2.5 kw solar panel system, outdoor entertaining, extensive gardens, plus bungalow.
Infrastructure includes an approx. 48m x 12m Hayshed as well as additional machinery sheds & steel cattle yards with loading ramp.
This property lends itself to a variety of agricultural pursuits including cropping, lucerne production, grazing and horticulture.
- Currently sown to annual grasses
- Approx. 100 acres lasered
Property History for 263 Mcphersons Rd, Mundoona, VIC 3635
- 07 Dec 2023Sold for $1,690,000
- 02 Nov 2023Listed for Sale $1,650,000-$1,800,000
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The size of Mundoona is approximately 32.8 square kilometres. The population of Mundoona in 2011 was 534 people. By 2016 the population was 111 showing a population decline of 79.2% in the area during that time. The predominant age group in Mundoona is 50-59 years. Households in Mundoona are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Mundoona work in a trades occupation. In 2011, 84.7% of the homes in Mundoona were owner-occupied compared with 81.4% in 2016..
Mundoona has 75 properties. Over the last 5 years, Houses in Mundoona have seen a 23.51% increase in median value, while Units have seen a -33.89% decrease. As at 31 July 2024:
- The median value for Houses in Mundoona is $460,370 while the median value for Units is $156,635.
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