OFF MARKET

1949 Cobden-Port Campbell Road
Newfield VIC 3268

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 181014m2
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Property Details for 1949 Cobden-Port Campbell Rd, Newfield

Building Type
Land
Land Size
181014m2
Local Government
Corangamite
Lot/Plan
1/TP742919

Last Listing description (December 2019)

Beautifully located among the highly productive and deep soils of Newfield, midway between Port Campbell and Timboon on the main Melbourne arterial, offers this prize grazing investment parcel.
Held in the current family ownership for 4 generations, the early settled property, originally used as a very productive dairy has more recently been converted to a highly productive and improved grazing operation.
Features to the property include the vast and well engineered farm water system, offering drought proof reliability and excellent delivery to all paddocks via high volume mains.

A disused dairy, still mostly equipped, offers good cattle handling capability on concrete yards. Multiple hay and machinery sheds provide excellent protection from the reliable south coast rains.
Fencing to the property has very recently undergone an entire property maintenance program providing for easy stock traffic along the extensive all weather lane system.
The property is well known for its high production and utilisation capability.
Lot 1 approximately 320 acres is currently leased to a fastidious tenant with lot 2 available as vacant possession or is also highly sort after for lease.
With solid returns in place, strong capital growth opportunities eminent, the property certainly has blue chip investment status.
Contact agent for information memorandum and sale documents. Inspection via appointment.

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Property History for 1949 Cobden-Port Campbell Rd, Newfield, VIC 3268

A timeline of how this property has performed in the market
Last Sold
$618,950
26 Nov 2019
  • 26 Nov 2019
    Sold for $618,950
  • 06 Nov 2019
    Listed for Sale Sale By Deadline 13/12/19 (If not sold prior)
  • 18 Mar 2005
    Transferred

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About Newfield 3268

The size of Newfield is approximately 25.6 square kilometres. The population of Newfield in 2011 was 618 people. By 2016 the population was 65 showing a population decline of 89.5% in the area during that time. The predominant age group in Newfield is 60-69 years. Households in Newfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newfield work in a managers occupation. In 2011, 67% of the homes in Newfield were owner-occupied compared with 62.9% in 2016..

Newfield has 40 properties. As at 30 November 2024:

  • The median value for Houses in Newfield is $780,577.
There are currently no properties listed for sale, and no properties listed for rent in Newfield on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Newfield.

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