7600 Murray Valley HighwayTongala VIC 3621
Property Details for 7600 Murray Valley Hwy, Tongala
Last Listing description (September 2019)
'Koraleigh Park' is an exceptional broad acre mixed farming operation with quality improvements and an advantageous location. Being minutes from the thriving rural city of Echuca its location is desirable. Suited to broad acre cropping, sheep, cattle, hay & fodder production with the added advantage of access to both channel and bore water to facilitate the production of summer crops. 'Koraliegh Park' has the following key ingredients for a productive farming operation. Clean open paddocks, healthy arable soils, 1000 tonne grain & fertiliser storage, sheep & cattle facilities, easy access to multiple water sources, 200 hectares of irrigation layout with scope to increase, proximity to grain & stock markets, easy access to Melbourne & regional cities. Future development and subdivision is also an option as 'Koraleigh Park' is comprise of several titles and many original crown allotments. Inspection is highly recommended to appreciate all 'Koraliegh Park' has to offer.
Property History for 7600 Murray Valley Hwy, Tongala, VIC 3621
- 23 Sep 2021Sold for $6,950,000
- 10 Dec 2018Listed for Sale Contact Agent
- 05 Apr 2007Sold for $2,361,518
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0About Tongala 3621
The size of Tongala is approximately 112.1 square kilometres. The population of Tongala in 2011 was 1,869 people. By 2016 the population was 1,935 showing a population growth of 3.5% in the area during that time. The predominant age group in Tongala is 0-9 years. Households in Tongala are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tongala work in a labourer occupation. In 2011, 74.6% of the homes in Tongala were owner-occupied compared with 73.7% in 2016.
Tongala has 1,022 properties. Over the last 5 years, Houses in Tongala have seen a 80.21% increase in median value, while Units have seen a 78.80% increase. As at 31 October 2024:
- The median value for Houses in Tongala is $401,396 while the median value for Units is $329,759.
- Houses have a median rent of $250.
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