OFF MARKET

248 Spraggs Road
Toolangi VIC 3777

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 121m2
Land area: 80705m2
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Property Details for 248 Spraggs Rd, Toolangi

Building Type
Land
Year Built
1980
Floor Size
121m2
Land Size
80705m2
Local Government
Murrindindi
Lot/Plan
77B/PP3871

Last Listing description (September 2017)

Located in a secluded corner of beautiful Toolangi, this 20 acre property with half cleared and half pristine bush has no limit to its potential. This multiple dwelling property, which backs onto Toolangi State Forest, offers unfettered access to Campbells Creek which runs through the property, as well as exclusive pumping rights to the dam.
The first dwelling consists of a 4 bedroom brick veneer home with 1 bathroom, study, and kitchen with open plan meals area, and living room. Features include open fireplace, Domain R/C A/C, polished timber floors, and ducted heating. The second dwelling constitutes a 1 bedroom western red cedar with bathroom, kitchen and meals area, living room, and decking. There are also two cabins positioned on the property, ready to be repurposed for use as accommodation or leisure retreat. There is also a dedicated underground shelter on the property for secure storage or emergency accommodation.
The incredibly private property is surrounded by pristine mountain ash forest, with walking tracks through the virgin bush. The peace and quiet of this part of the world, with tree ferns at least 70 years old, is truly magical. The property also comes with a 2 mega litre irrigation licence to pump from the dam through which Campbells Creek runs. The established, deciduous gardens on the property include Norwegian Spruce, Rhodadendrons, Chestnut trees, and Silver Birches.

This property represents enormous value, whether you are searching for a future home or looking to establish a lucrative commercial venture. Only 1.5 hours from Melbourne, this piece of paradise could be yours. Make your enquiry today on 5786 2033.

Property History for 248 Spraggs Rd, Toolangi, VIC 3777

A timeline of how this property has performed in the market
Last Sold
$825,000
17 Jul 2017
  • 17 Jul 2017
    Listed for Sale Asking Price $825,000
  • 17 Jul 2017
    Sold for $825,000
  • 28 Oct 2014
    Listed for Sale $890,000 PLUS
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About Toolangi 3777

The size of Toolangi is approximately 171.5 square kilometres. It has 4 parks covering nearly 84.6% of total area. The population of Toolangi in 2011 was 291 people. By 2016 the population was 331 showing a population growth of 13.7% in the area during that time. The predominant age group in Toolangi is 40-49 years. Households in Toolangi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toolangi work in a trades occupation. In 2011, 80.7% of the homes in Toolangi were owner-occupied compared with 88.8% in 2016..

Toolangi has 221 properties. Over the last 5 years, Houses in Toolangi have seen a 53.12% increase in median value, while Units have seen a 88.53% increase. As at 30 September 2024:

  • The median value for Houses in Toolangi is $1,087,630 while the median value for Units is $934,392.
There are currently 1 property listed for sale, and no properties listed for rent in Toolangi on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Toolangi.

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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.