OFF MARKET

348 Lee Morrison Road
Murmungee VIC 3747

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 373499m2
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Property Details for 348 Lee Morrison Rd, Murmungee

348 Lee Morrison Rd, Murmungee is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 373499m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1950
Floor Size
130m2
Land Size
373499m2
Local Government
Wangaratta
Lot/Plan
7~B/PP3227

Last Listing description (December 2022)

37.9 Hectares or 93.5 acres in the Ovens Valley of North East Victoria.
Just 10km to Beechworth,31 kms Wangaratta, 21 kms Myrtleford.
Solid red brick & Iron roof home in excellent condition ready for a make over.

Set in established gardens and extensive citrus & stone fruit orchard.
Rich clay loam soils support substantial trees and pastures.
Predominantly concrete post and wire fencing, mostly excellent in condition.
9 paddock subdivision and holding yards.
The long term average rainfall is 951mm rainfall.
Murmungee is at an elevation above sea level of 285 m above sea level and is in the local government area of 'Wangaratta'.
Two permanent springs supply reliable potable water to the house and trough network supported by solar pumps.
Improvements include steel cattle yards with crush and loading ramp.
Corrugated iron redundant shearing shed with lockable 6 x 9m skillion machinery storage. Hay shed 14 x 10m and redundant dairy building.

Editorial by John Kennedy.
Forthcoming auction on site Wednesday 21 December at 11 am
ROSES AT MURMUNGE- TEN MINUTES SOUTH OF BEECHWORTH OFFERS REAL RURAL LIVING APPEAL
A north east district rural property with great small farming and rural lifestyle appeal at 348 Lee Morrison Road at Murmungee which is only ten minutes south of Beechworth and 30 minutes east of Wangaratta is scheduled for an on property auction sale on Wednesday 21 December by Elders Rural of Wangaratta.
With an area of 37.9 hectares, or 93.5 acres, the property is known as 'Roses' in reference to a previous owner and as a tribute to the established garden and orchard environment surrounding the home.
The owner of Roses recently passed away at ninety three years of age and was the third generation family owner.
The property holds a 650 metre frontage to Lee Morrison Road and has been set up to run thirty five to forty head of cattle and their calves.
There are fertile productive soils, a fully and quality fenced paddock subdivision with steel cattle yards, crush and loading ramp.
The home of solid red brick and corrugated steel roofing is in good liveable condition with three bedrooms and all services presents as a great renovation or upgrading opportunity to provide an ideal family or rural living opportunity.
The property also has two reliable springs which afford a good water supply for livestock and domestic purposes, additional farm buildings are a two stand shearing shed with a six by nine metre skillion extension that forms a machinery shed,
There is another fourteen by ten metre structure which provides plenty of room for the hay shed and storage,
The last owner was a very keen gardener who created and maintained the garden and orchard areas surrounding the home.
Elders Real Estate's Wangaratta agent Michael Everard says that Roses at 348 Lee Morrison Road Murmungee is the sort of property we receive most enquiry for.
"First there is the productive and useful land form of some size with established pastures and tree blocks in an attractive rural location.
"The original home while in sound liveable condition is the type of blank canvas that value can readily be added to by a renovation and some design flair by the new owner.
"Then there is the local district with easy access to Beechworth, Myrtleford and Wangaratta which affords endless opportunities for retail and shopping, social and community involvement and employment in the current tight jobs market.
"I am nominating an expected auction sale range of around $1.5 million as a property with all its unique characteristics and appeal will be vey hard to locate in the current property market and the demand were ae seeing from existing district residents and those coming from the metropolitan area in search of a real rural lifestyle experience.
"This property will meet the demands of a buyer wanting to set up a livestock business or interest as all the needed facilities are already in place,"
For more property and auction information or to inspect "Roses" at Murmungee just south of Beechworth contact Elders Real Estate in Wangaratta and their agents Michal Everard on 0408 653 161 or Dave Colvin on 0407 500 239.

Property History for 348 Lee Morrison Rd, Murmungee, VIC 3747

A timeline of how this property has performed in the market
Last Sold
$1,500,000
21 Dec 2022
  • 21 Dec 2022
    Sold for $1,500,000
  • 04 Dec 2022
    Listed for Sale Auction EPR $1.5 - $1.7 mill
  • 08 Aug 2011
    Transferred
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About Murmungee 3747

The size of Murmungee is approximately 52.5 square kilometres. It has 2 parks covering nearly 34.1% of total area. The population of Murmungee in 2011 was 341 people. By 2016 the population was 48 showing a population decline of 85.9% in the area during that time. The predominant age group in Murmungee is 60-69 years. Households in Murmungee are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Murmungee work in a managers occupation. In 2006, 27.9% of the homes in Murmungee were owner-occupied compared with 85.2% in 2011..

Murmungee has 56 properties. Over the last 5 years, Houses in Murmungee have seen a 59.63% increase in median value. As at 31 October 2024:

  • The median value for Houses in Murmungee is $692,758.
There are currently no properties listed for sale, and no properties listed for rent in Murmungee on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Murmungee.

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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.