OFF MARKET

1321 Benalla-Whitfield Road
Myrrhee VIC 3732

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 951013m2
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Property Details for 1321 Benalla-Whitfield Rd, Myrrhee

Building Type
Rural
Land Size
951013m2
Local Government
Wangaratta
Lot/Plan
2/PS415052

Last Listing description (September 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

A timeline of how this property has performed in the market
Last Sold
$440,000
20 Jan 2014
  • 21 Aug 2024
    Listed for Sale $1,100,000
  • 20 Jan 2014
    Sold for $440,000
  • 13 Jul 2013
    Listed for Sale $462,000
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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 108 properties. Over the last 5 years, Houses in Myrrhee have seen a 84.51% increase in median value. As at 31 August 2024:

  • The median value for Houses in Myrrhee is $1,228,720 while the median value for Units is $167,517.
There are currently 1 property listed for sale, and no properties listed for rent in Myrrhee on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Myrrhee.

Suburb Insights for Myrrhee 3732

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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.