1321 Benalla-Whitfield RoadMyrrhee VIC 3732
Property Details for 1321 Benalla-Whitfield Rd, Myrrhee
Last Listing description (October 2024)
This productive farming or lifestyle property is nestled in the picturesque Myrrhee Valley in Northeast Victoria. Conveniently located near the growing King Valley food and wine region.
The property is well-equipped with a variety of functional infrastructure, as well as a 3-bedroom cottage that boasts stunning rural valley views.
It features an 18 x 9-meter lock-up steel machinery shed/workshop, providing ample space for equipment and storage, as well as a 15 x 9-meter hay shed for all your hay storage needs. The excellent steel cattle yards are well-suited for managing livestock. A secure spring fed dam at the rear of the property feeds to a reticulated water system that service this and the neighbors property. Additionally, the property has sealed road frontage and has access to 3-phase power running past the front of the property.
The land itself is diverse. Offering a blend of rich, red volcanic loam soils on the flat areas at the front, which gradually rise to more rugged granite terrain at the rear. This elevated section provides stunning mountain views and adds to the property's appeal. The property is mostly cleared with native pastures that are ideal for cattle or sheep grazing while also including more sheltered bushland towards the rear. It is fenced into two main paddocks and benefits from an average annual rainfall of 1,000mm, supporting a variety of agricultural activities.
Property History for 1321 Benalla-Whitfield Rd, Myrrhee, VIC 3732
- 21 Oct 2024Sold for $995,000
- 21 Aug 2024Listed for Sale $1,100,000
- 20 Jan 2014Sold for $440,000
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About Myrrhee 3732
The size of Myrrhee is approximately 160.8 square kilometres. It has 3 parks covering nearly 69.7% of total area. The population of Myrrhee in 2011 was 423 people. By 2016 the population was 141 showing a population decline of 66.7% in the area during that time. The predominant age group in Myrrhee is 60-69 years. Households in Myrrhee are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Myrrhee work in a managers occupation. In 2011, 79.3% of the homes in Myrrhee were owner-occupied compared with 90.9% in 2016..
Myrrhee has 107 properties. Over the last 5 years, Houses in Myrrhee have seen a 91.74% increase in median value. As at 31 October 2024:
- The median value for Houses in Myrrhee is $1,265,494 while the median value for Units is $167,517.
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