SOLD
Sold on 21 Nov 2023 for $5,250,000

59 Parkins Road
Shady Creek VIC 3821

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 1946541m2
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Property Details for 59 Parkins Rd, Shady Creek

Building Type
Rural
Land Size
1946541m2
Local Government
Baw Baw
Lot/Plan
2/LP149418

Last Listing description (February 2024)

Elders Real Estate is delighted to present for sale 'Kooragulla,' located in the Shady Creek district via Warragul, West Gippsland. Spanning 481 acres, 'Kooragulla' offers an exceptional blend of high-quality land and infrastructure ideally suited for various agricultural pursuits including horticulture, viticulture, equine activities, livestock farming and more.

Key highlights of 'Kooragulla' include -

- A total land area of 481.7 acres divided into 3 titles.

- An expansive cool room and packing/storage facility (46.6m x 34m under roof) boasting a capacity of 1200 tons, equipped with three-phase power connectivity.
- Two dwellings.
- Abundant water resources, sourced from catchment dams, a 27.2 megalitre license from Shady Creek and a consistent annual rainfall of 40 inches.
- Underground irrigation infrastructure in place.
- A well-balanced terrain, encompassing creek flats and gently undulating landscapes.
- Additional outbuildings including a former stable complex, farm administration office and sundry machinery sheds.
- Well fenced with most paddocks accessible via a central laneway system leading to excellent cattle yards featuring undercover crush facilities.
- Convenient accessibility situated just 10 kms from the Princes Highway, 19 kms from Warragul and a mere 1.5 hour drive from Melbourne.

'Kooragulla' represents a rare and compelling prospect to acquire a versatile property in a highly desirable location. Inspection is available strictly by appointment through our selling agents. For further details or to arrange a viewing please contact Greg Tuckett on 0428 826 600 or Don Olden on 0417 805 312.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 59 Parkins Rd, Shady Creek, VIC 3821

A timeline of how this property has performed in the market
Last Sold
$5,250,000
21 Nov 2023
  • 21 Nov 2023
    Sold for $5,250,000
  • 07 Sep 2023
    Listed for Sale Not Disclosed
  • 20 Apr 2022
    Sold for $4,000,000
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About Shady Creek 3821

The size of Shady Creek is approximately 58.2 square kilometres. It has 2 parks. The population of Shady Creek in 2011 was 153 people. By 2016 the population was 177 showing a population growth of 15.7% in the area during that time. The predominant age group in Shady Creek is 60-69 years. Households in Shady Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shady Creek work in a managers occupation. In 2011, 82.4% of the homes in Shady Creek were owner-occupied compared with 80% in 2016..

Shady Creek has 100 properties. Over the last 5 years, Houses in Shady Creek have seen a 32.43% increase in median value. As at 31 October 2024:

  • The median value for Houses in Shady Creek is $1,187,393 while the median value for Units is $159,817.
There are currently 2 properties listed for sale, and no properties listed for rent in Shady creek on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Shady creek.

Suburb Insights for Shady Creek 3821

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Don Olden
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Greg Tuckett
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Elders Real Estate Sale
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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.