OFF MARKET

8589 Murray Valley Highway
Tallangatta East VIC 3700

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 4338237m2
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Property Details for 8589 Murray Valley Hwy, Tallangatta East

Building Type
Land
Land Size
4338237m2
Local Government
Towong
Lot/Plan
2/LP23142

Last Listing description (May 2024)

Located just 9km from Tallangatta, 50km east of Albury/Wodonga, and 373km to Melbourne, 'Hillock' presents a unique and distinguished opportunity to purchase an outstanding high-rainfall, mixed grazing enterprise with significant subdivisional potential. This expansive agricultural property covers 1,072 acres segmented into 18 paddocks, complemented by drought lot pens, and boasting a massive 15 separate titles. Excellent sealed road access is provided via Murray Valley Hwy frontage, stunning views and direct access to Lake Hume provides the best of both worlds with high water security. A renovated 4 bedroom brick homestead, 2 stand shearing shed, new sheep yards and outstanding water security are features of this property.
'Hillock' has been meticulously maintained with a rigorous fertiliser regimen, weed management plan, and an intensive capital works program. 10 year average rainfall sitting at 953mm, rarely does a property of this calibre and potential come to market.

* High- rainfall, highly productive mixed grazing enterprise over 15 titles (21 lots)

* Perfectly positioned on Murray Valley Highway, 9km Tallangatta, 50km Albury-Wodonga, 103km Falls Creek Alpine Resort & 373km to Melbourne
* Incredible water security from 953mm average annual rainfall, 20 reliable spring fed dams, highly secure 4ML Lake Hume water licence & registered bore
* Intensive capital works program - 18 paddocks, new fencing, graded tracks, new sheep yards with sealed road access, improved pastures with a strong fertilising history
* Significant subdivision potential (STCA), with majority of the farm Rural Activity Zoning.
* Opportunity for WIWO on flock and managment for interested parties.

Property History for 8589 Murray Valley Hwy, Tallangatta East, VIC 3700

A timeline of how this property has performed in the market
Last Sold
$400,000
07 Mar 2018
  • 14 Nov 2023
    Listed for Sale Auction
  • 07 Mar 2018
    Sold for $400,000
  • 18 Nov 2017
    Listed for Sale EXPRESSIONS OF INTEREST
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About Tallangatta East 3700

The size of Tallangatta East is approximately 21.3 square kilometres. It has 1 park. The population of Tallangatta East in 2011 was 267 people. By 2016 the population was 35 showing a population decline of 86.9% in the area during that time. The predominant age group in Tallangatta East is 40-49 years. Households in Tallangatta East are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tallangatta East work in a managers occupation. In 2011, 80.9% of the homes in Tallangatta East were owner-occupied compared with 92.3% in 2016..

Tallangatta East has 26 properties. As at 30 September 2024:

  • The median value for Houses in Tallangatta East is $859,126.
There are currently no properties listed for sale, and no properties listed for rent in Tallangatta east on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Tallangatta east.

Suburb Insights for Tallangatta East 3700

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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.