OFF MARKET

570 Picola North Road
Picola VIC 3639

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 117m2
Land area: 3223073m2
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Property Details for 570 Picola North Rd, Picola

Building Type
Rural
Floor Size
117m2
Land Size
3223073m2
Local Government
Moira
Lot/Plan
1/TP534251

Last Listing description (November 2022)

Versatile Grazing, Cropping and Fodder Opportunity in tightly held Picola district.

- 480.7 HA (1188 AC) on 9 adjoining Titles
- 2 x 247 Megalitres drainage diversion agreements

- 2 licences from separate points (1 Diesel Pump & 1 Electric Pump)
- 130 HA (322 AC) laid out to flood irrigation
- Mostly large open paddocks but also excellent areas of shade and shelter
- Rich red loams and red clay loams across the property
- 4 Bedroom B/V home, workshop, sundry shedding and stockyards

'Seven Oaks' has a wonderful history of one family ownership since 1952, that has been added to over the years to become the 1188 acre holding it is now. This unique property has consistently produced excellent crops and livestock over all those years. Situated just a few kilometres north of Picola, 'Seven Oaks' enjoys a sealed road right to the front gate.

Expressions of Interest
Closing Thursday 6th October 2.00pm
Inspection by Appointment

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Property History for 570 Picola North Rd, Picola, VIC 3639

A timeline of how this property has performed in the market
Last Sold
$2,146,970
21 Jun 2023
  • 21 Jun 2023
    Sold for $2,146,970
  • 25 Nov 2022
    Sold for $2,055,845
  • 26 Aug 2022
    Listed for Sale Expressions of Interest

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About Picola 3639

The size of Picola is approximately 251.6 square kilometres. It has 3 parks covering nearly 80.3% of total area. The population of Picola in 2011 was 334 people. By 2016 the population was 192 showing a population decline of 42.5% in the area during that time. The predominant age group in Picola is 50-59 years. Households in Picola are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Picola work in a managers occupation. In 2011, 81.3% of the homes in Picola were owner-occupied compared with 69.2% in 2016..

Picola has 194 properties. Over the last 5 years, Houses in Picola have seen a 36.03% increase in median value. As at 30 November 2024:

  • The median value for Houses in Picola is $279,006.
There are currently no properties listed for sale, and no properties listed for rent in Picola on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Picola.

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