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Sold on 27 Oct 2023 - Price Unavailable

125 Knafl Road
Taggerty VIC 3714

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 22ac
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Property Details for 125 Knafl Rd, Taggerty

Building Type
Rural
Land Size
22ac
Local Government
Murrindindi
Lot/Plan
1A~2/PP3521

Last Listing description (October 2023)

With a love of wine and the desire to produce their own, Melbourne mates Oscar and Nick began a quest in the1990s to find the ideal property on which to produce quality wines, and turned their hobby into a profitable part-time venture.
The search took 3 years and eventuated in the purchase of 125 Knafel Road, Taggerty which had all the right features, elevation, north-facing, beautifully draining loam soils, and the bonus of being set in a beautiful area with the backdrop of the Cathedral Range and expansive northerly views.
Vines were planted throughout 1995-97 and the now mature vines produce premium, award-winning wines.

Comprising 22 acres, 10 acres are under vines, offering the potential for further expansion.
The controlled-yielding vineyard produces 12,000 to 14,000 bottles annually, varieties include Cabernet Sauvignon, Merlot, Chardonnay, Shiraz, Cab Franc, and Sangiovese.
Oscar and Nick also make their own wines and so the property is complete with a small-scale winery that includes a temperature-controlled winery/barrel room, cool store, storage shed, workshop, and undercover machinery area, and so they can stay when necessary, there is an amenities room that provides weekend accommodation.
The friends have now successfully run Mt Cathedral Vineyard & Winery for over 25 years, winning awards and enjoying the camaraderie of their passion and part-time pursuit that gives them an interest outside their Melbourne jobs as well as a profitable sideline.
Check out the Mr Cathedral Vineyards website or call for more information.

Property History for 125 Knafl Rd, Taggerty, VIC 3714

A timeline of how this property has performed in the market
Last Sold
27 Oct 2023
  • 27 Oct 2023
    Sold for $1,000,000
  • 12 Apr 2023
    Listed for Sale $950,000
  • 07 Mar 2019
    Listed for Sale Contact Agent
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About Taggerty 3714

The size of Taggerty is approximately 123.6 square kilometres. It has 3 parks covering nearly 34.4% of total area. The population of Taggerty in 2011 was 329 people. By 2016 the population was 314 showing a population decline of 4.6% in the area during that time. The predominant age group in Taggerty is 60-69 years. Households in Taggerty are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Taggerty work in a managers occupation. In 2011, 83.5% of the homes in Taggerty were owner-occupied compared with 82.4% in 2016.

Taggerty has 332 properties. Over the last 5 years, Houses in Taggerty have seen a 105.52% increase in median value, while Units have seen a 921.36% increase. As at 31 July 2024:

  • The median value for Houses in Taggerty is $756,025 while the median value for Units is $699,326.
There are currently 6 properties listed for sale, and no properties listed for rent in Taggerty on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Taggerty.

Suburb Insights for Taggerty 3714

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Andrew Houghton
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Gerard Kennan
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RT Edgar Yarra Valley
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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.