224 Lower Settlement RoadPearsondale VIC 3851
Property Details for 224 Lower Settlement Rd, Pearsondale
Last Listing description (March 2024)
This 150 acre irrigation farm is situated along the tightly held Latrobe river and only a ten minute drive to the township of Sale.
Currently used as a cattle backgrounding and fattening operation the property would lend itself to lucerne growing and fodder production. The property has an excellent fertiliser history.
The majority of the property has been laser graded and sown to permanent pasture.
Reticulated water to troughs in each paddock provides water for livestock. The fencing is in excellent condition.
A feature of the property is the steel cattle yards with a Te Pari air operated auto crush.
The yards are concreted with a roof over the main working area.
A comfortable three bedroom brick veneer home is set in an established garden setting with lovely north facing views.
Agent Paul Bourke believes this hidden gem requires inspection, particularly in a year where feed and fodder will be at a premium as El Nino looms.
Property History for 224 Lower Settlement Rd, Pearsondale, VIC 3851
- 06 Mar 2024Sold for $1,670,000
- 16 Jun 2023Listed for Sale Not Disclosed
- 27 Jun 2022Listed for Sale Expressions of interest - closing 31/07/2022
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About Pearsondale 3851
The size of Pearsondale is approximately 25.7 square kilometres. It has 1 park. The population of Pearsondale in 2011 was 340 people. By 2016 the population was 129 showing a population decline of 62.1% in the area during that time. The predominant age group in Pearsondale is 40-49 years. Households in Pearsondale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pearsondale work in a managers occupation. In 2011, 80.2% of the homes in Pearsondale were owner-occupied compared with 70.2% in 2016..
Pearsondale has 54 properties. Over the last 5 years, Houses in Pearsondale have seen a 42.52% increase in median value. As at 28 February 2025:
- The median value for Houses in Pearsondale is $726,328 while the median value for Units is $497,273.
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