OFF MARKET

1509 Timboon-Peterborough Road
Peterborough VIC 3270

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 830870m2
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Property Details for 1509 Timboon-Peterborough Rd, Peterborough

Building Type
Rural
Land Size
830870m2
Local Government
Corangamite
Lot/Plan
3/PS642060

Last Listing description (January 2018)

Property description , 174 acres [70.41 ha] Excellent sandy loam country with good manageability charactistics for summer & winter farming, property has established pastures of proven all year round performance.
Nine paddocks are watered by reticulated water system from negotiable neighbouring creek.
Dam & bore , & 5000 gallon header tank are part of the reticulated system.

Property is well fenced with a central laneway, including a native bush block in the middle of the property for an all weather shelter area.
Two airstrips were established on the property in 1968, North /South [ 3618 ] 730 Metres & East / West [0927] 980 metres, & are complimented by a 2 plane lockable hanger with cement floor. There is a town water supply available on two sides of the block [North & west] & power available on the east side, where the panoramic views of the estuary and southern ocean are at their best.
Rates for the property 174 acres [ 70.41 ha] work out to be $42.73 per ha or $3010. Currently on Month to Month lease of $185 per acre Per Annum

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Property History for 1509 Timboon-Peterborough Rd, Peterborough, VIC 3270

A timeline of how this property has performed in the market
Last Sold
$550,000
21 Feb 2023
  • 21 Feb 2023
    Sold for $550,000
  • 16 Jan 2018
    Sold for $840,000
  • 29 Sep 2016
    Listed for Sale $900,000 plus

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About Peterborough 3270

The size of Peterborough is approximately 40 square kilometres. It has 3 parks covering nearly 15.6% of total area. The population of Peterborough in 2011 was 141 people. By 2016 the population was 231 showing a population growth of 63.8% in the area during that time. The predominant age group in Peterborough is 50-59 years. Households in Peterborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Peterborough work in a managers occupation. In 2011, 68.3% of the homes in Peterborough were owner-occupied compared with 71.8% in 2016.

Peterborough has 493 properties. Over the last 5 years, Houses in Peterborough have seen a 75.95% increase in median value. As at 30 September 2024:

  • The median value for Houses in Peterborough is $560,483 while the median value for Units is $440,073.
  • Houses have a median rent of $550.
There are currently 13 properties listed for sale, and 1 property listed for rent in Peterborough on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Peterborough.

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