OFF MARKET

70 Frascas Lane
Myrrhee VIC 3732

Bedrooms: 9
Bathrooms: 6
Car spaces: 5
Land area: 1271791m2
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Property Details for 70 Frascas Lane, Myrrhee

Building Type
Land
Land Size
1271791m2
Local Government
Wangaratta
Lot/Plan
1/TP671675

Last Listing description (June 2017)

Take advantage of the increasing popularity of the King Valley. This fertile & beautiful pocket of Victoria has become the forerunner for producing Italian wine grape varieties in Australia, while also producing excellent examples of other European varieties.
Set at the head of Boggy Creek in Myrrhee, this property consistently turns out quality fruit & secures contracts for this fruit, year in, year out.
* 86Ha of vineyard with successful fruit sales history, suitable for machine harvest

* Pressure drip electronic irrigation system to entire vineyard rows
* 10 grape varieties including renowned varietals Sangiovese & Pinot Gris
* Neat 3 bedroom red brick homestead plus 6 bedroom brick villa
* Both residences set amongst vineyards surrounded by manicured lawns
* Excellent soils & water, making management of the property easier
* 142meg water license ex Boggy Creek Co-op (creek runs through property)

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Property History for 70 Frascas Lane, Myrrhee, VIC 3732

A timeline of how this property has performed in the market
Last Sold
$1,190,000
13 Aug 2016
  • 13 Aug 2016
    Sold for $1,190,000
  • 26 Apr 2016
    Listed for Sale $1,190,000
  • 31 Jan 2015
    Listed for Sale $1,295,000
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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.

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