SOLD
Sold on 24 Jan 2024 for $2,700,000

186 Ohares Road
Nathalia VIC 3638

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 132m2
Land area: 4581049m2
Sold By
Kevin Hicks
Kevin Hicks Real Estate
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Property Details for 186 Ohares Rd, Nathalia

Building Type
Rural
Year Built
1960
Floor Size
132m2
Land Size
4581049m2
Local Government
Moira
Lot/Plan
1/TP243067

Last Listing description (April 2024)

If purchased now, the canola crop pictured will be given in with the sale.

High quality farming land to be offered, as a whole, in the well held Picola District. These properties at Ohares Road, Nathalia have a total farming area of 455 ha / 1132 acres (approx.) with a total 10 titles.
This consolidated area provides the professional farmer to acquire a very viable farming footprint in the Picola district, underpinned with valuable lifestyle sized titles along the Broken Creek.

Lot 1 - 186 Ohares Road, Nathalia comprises 3 titles, totaling 541 acres and has the original home site with a new planning permit available to rebuild an ideal family home. The original shearing shed sound enough to utilize with new yards required with access to a central laneway system and power on site. The irrigation system is predominantly pipe & rise via the channel service point with flood irrigation layout and some dry cropping areas. A natural depression provides natural drainage to this area which is fenced off and utilized as a feedlot for finishing lambs.
One of the additional features is a small hangar and air strip, and 3 road frontages providing strong boundaries to this property.
Lot 2 - 4 Ohares Road, Nathalia/156 Tinklers Road, Nathalia provides a total area of 212 acres with 2 titles, access to the channel system and an irrigation bore with 300 megs of water on the spear point. Ideal red sandy loam for intensive fattening or lucerne production. 2000 Ton grain storage pad and a feedlot system has been established with 12 fixed cells and cable-way feed system direct from silo's providing the total farm an ideal value adding window of income for the cereal growers. 8 automatic sheep feed pens with grain batching plant. Main power to shed.
Lot 3 - West corner of Murrays Road & OHares Road, Nathalia comprises 202 acres, 3 titles, south side of Ohares Road directly opposite Lot 1 with very secure boundary fencing and two road frontages. Lot 1 provides water to this lot. All red sandy loam with irrigation access off the Broken Creek.
Lot 4 - East side Murrays Road comprises 71 ha / 177 acres, 2 titles, similar soil type of fine sandy loam with access to water off the broken creek on the south boundary. A farm to suit lucerne or horticulture production currently in a cropping program and performing well.

Property History for 186 Ohares Rd, Nathalia, VIC 3638

A timeline of how this property has performed in the market
Last Sold
$2,700,000
24 Jan 2024
  • 24 Jan 2024
    Listed for Sale $4750 per acre - Canola crop given in with sale
  • 24 Jan 2024
    Sold for $2,700,000
  • 18 Apr 2023
    Listed for Sale $4750 per acre - Canola crop given in with sale
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About Nathalia 3638

The size of Nathalia is approximately 189.7 square kilometres. It has 5 parks covering nearly 0.3% of total area. The population of Nathalia in 2011 was 1,902 people. By 2016 the population was 1,892 showing a population decline of 0.5% in the area during that time. The predominant age group in Nathalia is 50-59 years. Households in Nathalia are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nathalia work in a labourer occupation. In 2011, 73.9% of the homes in Nathalia were owner-occupied compared with 74.2% in 2016.

Nathalia has 1,251 properties. Over the last 5 years, Houses in Nathalia have seen a 55.21% increase in median value, while Units have seen a 41.69% increase. As at 30 September 2024:

  • The median value for Houses in Nathalia is $331,848 while the median value for Units is $222,039.
  • Houses have a median rent of $340 while Units have a median rent of $85.
There are currently 2 properties listed for sale, and no properties listed for rent in Nathalia on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Nathalia.

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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.