305 Majors Line RoadTooborac VIC 3522
Property Details for 305 Majors Line Rd, Tooborac
Last Listing description (November 2019)
Set on a superb 16.44 Ha undulating allotment in a tightly held district this property is being sold on a "walk in walk out basis". The picturesque two bedroom cottage with power connected is set in an organic orchard of established fruit and olive trees. Some of the varieties include Apple, Pear, Loquat, Persimmon, Pistachio, Orange, Nashi Pear, Plum, Fig Apricot, Pecans, Almonds, Kiwi to name just a few !Mostly cleared with some remnant bush there are many potential home sites with views across the surrounding countryside and the property. There are 4 dams which are connected via pipe and channel and a gravity feed water collection system. Fencing is in good order.This property has been in its current ownership for 40 years and has been superbly maintained.Properties of this quality are hard to source and rarely available. The opportunity to purchase this magnificent property will not last long, book your inspection today.
Property History for 305 Majors Line Rd, Tooborac, VIC 3522
- 31 Oct 2019Sold for $321,500
- 24 Oct 2019Listed for Sale $260,000 - $280,000
- 21 Sep 1979Sold for $14,000
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About Tooborac 3522
The size of Tooborac is approximately 166.5 square kilometres. It has 4 parks covering nearly 7.3% of total area. The population of Tooborac in 2011 was 405 people. By 2016 the population was 309 showing a population decline of 23.7% in the area during that time. The predominant age group in Tooborac is 50-59 years. Households in Tooborac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tooborac work in a managers occupation. In 2011, 80.6% of the homes in Tooborac were owner-occupied compared with 75.3% in 2016..
Tooborac has 297 properties. Over the last 5 years, Houses in Tooborac have seen a 173.34% increase in median value, while Units have seen a 113.11% increase. As at 31 October 2024:
- The median value for Houses in Tooborac is $1,085,863 while the median value for Units is $523,998.
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