OFF MARKET

1241 Drysdale Road
Pranjip VIC 3666

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1292700m2
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Property Details for 1241 Drysdale Rd, Pranjip

Building Type
Land
Land Size
1292700m2
Local Government
Strathbogie
Lot/Plan
84/PP3417

Last Listing description (September 2023)

Medium-scale holding in popular location

CBRE Agribusiness is delighted to have been appointed to present 'Billabong' for sale, a rare opportunity to secure a medium-scale, and highly sought after, grazing and cropping property in the renowned Strathbogie Shire of Victoria, Australia.


'Billabong' comprises a total land size of 129.27* Hectares (320* Acres) in one contiguous landholding of freehold land plus an additional creek grazing license (4.13* Ha 10.20* Ac), with 90%* classed as good quality arable area, with the balance made up of native and timbered grazing area.

The Property is located only 10* minutes west of Euroa and under 2 hours from Melbourne's CBD. Other popular regional townships such as Longwood, Shepparton, Benalla, Mansfield, Seymour and Nagambie are all within close proximity.

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 25 OCTOBER 2023 AT 4:00PM (AEST)

Key features of the opportunity include:

- Medium-scale contiguous grazing and cropping property plus creek license
- Estimated carrying capacity of 10 DSE/Ha Equivalent to 1,300* sheep
- A versatile property ideally suited to cattle or sheep plus cropping
- Double frontage to the Creighton's Creek Seasonal water supply
- 3 main paddocks plus a holding yard
- Water supply is a real feature of 'Billabong' with 3 very reliable catchment dams and additional bore water
supply with solar pump and storage header tank (1.5 litres/sec)
- Well sheltered with stands of mature Red Gum
- Recent soil health and native pasture improvement Area of 40* Ha
- The balance has been sown to Oats 70* Ha of Yallara
- Recent applications of Super through most of the last 10 years
- Recent applications (2022) of Lime spread at 1 tonne/Ha
- Topography is flat to gently undulating with an average slope of just 0.4
- Average Annual Rainfall of 665 millimetres* (Bureau of Meteorology Longwood)
- Well-maintained support fencing in good condition with 3 separate paddocks
- Spectacular views of the Strathbogie Ranges with Idyllic building sites (s.t.c.a)
- Conveniently located only 10 minutes from the idyllic township of Euroa
Road frontage to 3 separate roads

*Approximately

Property History for 1241 Drysdale Rd, Pranjip, VIC 3666

A timeline of how this property has performed in the market
Last Sold
$800,000
05 Oct 2020
  • 05 Oct 2020
    Sold for $800,000
  • 15 Aug 2019
    Listed for Sale $815,000
  • 19 Dec 2018
    Transferred

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About Pranjip 3666

The size of Pranjip is approximately 68 square kilometres. The population of Pranjip in 2011 was 416 people. By 2016 the population was 12 showing a population decline of 97.1% in the area during that time. The predominant age group in Pranjip is 50-59 years. Households in Pranjip are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Pranjip work in a managers occupation. In 2011, 75.3% of the homes in Pranjip were owner-occupied compared with 54.6% in 2016..

Pranjip has 34 properties. Over the last 5 years, Houses in Pranjip have seen a 73.76% increase in median value. As at 30 November 2024:

  • The median value for Houses in Pranjip is $1,146,732.
There are currently 2 properties listed for sale, and no properties listed for rent in Pranjip on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Pranjip.

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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.