1819 Sunraysia HighwayRedbank VIC 3477
Property Details for 1819 Sunraysia Hwy, Redbank
Last Listing description (October 2015)
This small single vineyard (7acres Shiraz) is positioned at the specialist end of premium wine production and has extensive infrastructure. Combining age-old vicitulture principles and new technology for the purpose of producing fine shiraz the property is offered on a walk-in, walk-out basis. This is a developing business where all the hard work has been done and has a high profit potential over the next 3-5 years. (Documents available for qualified buyer. Improvements: 2 bedroom home, machinery shed, workshop, cool room, and large cellar door and storage. TO BE SOLD WITH ALL MACHINERY, IMPLEMENTS, TOOLS ETC. Vintages 2009-2013 offered wholesale SAV. NB: current photos and also last Spring. INSPECTION INVITED.
Property History for 1819 Sunraysia Hwy, Redbank, VIC 3477
- 21 Jan 2020Sold for $450,000
- 03 Sep 2015Sold for $250,000
- 21 Jul 2012Listed for Sale $383,000
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About Redbank 3477
The size of Redbank is approximately 136.1 square kilometres. It has 3 parks covering nearly 109% of total area. The population of Redbank in 2011 was 413 people. By 2016 the population was 88 showing a population decline of 78.7% in the area during that time. The predominant age group in Redbank is 70-79 years. Households in Redbank are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Redbank work in a managers occupation. In 2011, 86.5% of the homes in Redbank were owner-occupied compared with 87.3% in 2016..
Redbank has 171 properties. Over the last 5 years, Houses in Redbank have seen a 42.48% increase in median value. As at 31 August 2024:
- The median value for Houses in Redbank is $337,574.
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