OFF MARKET

292 Flood Lane
Reedy Lake VIC 3579

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 13592400m2
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Property Details for 292 Flood Lane, Reedy Lake

Building Type
Land
Land Size
13592400m2
Local Government
Gannawarra
Lot/Plan
14A~B/PP2499

Last Listing description (November 2023)

Elders Rural Services Australia Limited is pleased to present for sale 'Reedy Lake Aggregation', a highly productive and versatile mixed farming opportunity, boasting extensively developed flood and sub surface irrigation (SDI) layouts.

'Reedy Lake Aggregation' is ideally located 12km* north of Kerang and comprises 1,359.24 hectares* (3,358.75 acres*) in three individual assets.

The aggregation offers the unique opportunity for astute investors to acquire assets of distinction.

Key features
Total land area: 1,359.24 hectares* (3,358.75 acres*)
- NPD: 456.35 hectares* (1,127.66 acres*)
- Kendrick: 348.52 hectares* (861.21 acres*)
- Hogg: 554.37 hectares* (1,369.87 acres*)
Water diversion off the GMW system
Highly developed irrigation infrastructure including automated flood bays and SDI layouts with scope for further expansion
Strategic crop rotation and input history on highly productive soil profiles
Excellent grazing opportunities on irrigated or dryland pastures
Historically renowned for the production of cereal, pulse, lucerne, cotton and oilseed crops
27 hectare* under centre pivot irrigation system suited for secure fodder production
Comfortable three-bedroom residence
Extensive working improvements including three-stand shearing shed with adjoining steel sheep yards, machinery and hay shedding
Ideally located 12km* N Kerang, 49km* SE Swan Hill and 291km* NW Melbourne CBD

'Reedy Lake Aggregation' is to be offered for sale as a whole or as three individual assets by Expression of Interest closing 1st December 2022 at 4pm

Peter Robertson 0417 636 348
Henry Mackinnon 0408 408 299
Nick Myer 0427 610 278

* denotes approx.

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Property History for 292 Flood Lane, Reedy Lake, VIC 3579

A timeline of how this property has performed in the market
Last Sold
$216,000
26 Apr 2011
  • 07 Oct 2022
    Listed for Sale by Expression of Interest closing 1 December 2022
  • 26 Apr 2011
    Sold for $216,000
  • 28 Mar 2011
    Sold for $105,900
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About Reedy Lake 3579

The size of Reedy Lake is approximately 30.5 square kilometres. It has 1 park covering nearly 0.6% of total area. The population of Reedy Lake in 2011 was 311 people. By 2016 the population was 19 showing a population decline of 93.9% in the area during that time. The predominant age group in Reedy Lake is 60-69 years. Households in Reedy Lake are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Reedy Lake work in a professional occupation. In 2011, 75.3% of the homes in Reedy Lake were owner-occupied compared with 91.6% in 2016..

Reedy Lake has 29 properties. Over the last 5 years, Houses in Reedy Lake have seen a 43.71% increase in median value. As at 31 October 2024:

  • The median value for Houses in Reedy Lake is $400,516.
There are currently 1 property listed for sale, and no properties listed for rent in Reedy lake on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Reedy lake.

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