260 Redbank-Natte Yallock RoadRedbank VIC 3477
Property Details for 260 Redbank-Natte Yallock Rd, Redbank
Last Listing description (September 2023)
Superbly situated in the Pyrenees within easy reach highly popular tourist destinations of Avoca and Moonambel and many nearby internationally acclaimed wineries the sale of this property presents not only a lifestyle opportunity with some real earning potential Approximately 10 acres of the property has been planted down to over 1000 Olive trees which are well into their productive maturity with their current ages ranging between 27 and 29 years. The balance of the land mainly arable and cleared, this property offers potential for an array of other farming pursuits. Other improvements include two large and well sited dams and 20' x 30' storage shed equipped with solar panels and the land has two frontages. Call today for more information or to arrange your private viewing.
Property History for 260 Redbank-Natte Yallock Rd, Redbank, VIC 3477
- 08 Aug 2023Sold for $390,000
- 05 Apr 2023Listed for Sale $435,000 - $465,000
- 18 May 2009Sold for $135,500
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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 172 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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