OFF MARKET

539 James Lane
Trentham East VIC 3458

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 645649m2
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Property Details for 539 James Lane, Trentham East

Building Type
Rural
Land Size
645649m2
Local Government
Hepburn
Lot/Plan
1/LP88416

Last Listing description (October 2016)

For Private Sale - $1,200,000
It would be hard to find a better opportunity, and combination of fertile soil and water in such a desirable and exclusive area.
Just a short drive to the famed Pig and Whistle Hotel, a few minutes into picturesque town of Trentham and only 15 minutes from the full amenities of Kyneton and Woodend, this unique property would appeal to either the farming community or those looking for the ideal and secluded lifestyle property.

On approximately 160 acres of the magnificent rich red volcanic soil, there are many agricultural pursuits possible here; the property previously used for growing potatoes but now currently is under operation as a cattle breeding and fattening property.
A rambling and private laneway leads into the property, the Little Coliban River forms the western boundary and 36.7ML of Groundwater licence provides an abundant water supply for irrigation purposes out of the large dam teeming with native birdlife. The existing infrastructure of irrigation pump and piping will be included with the sale.
The property has some original buildings including a dairy, potato packing shed, barn and hayshed, plus the remains of an old house site. Power is connected to the property, plans are in place to proceed with underground lines later this year as part of the State Government's Program. There is a 4 bay machinery shed with workshop and wood shed and a 28,000 gallon tank at the eastern end of the property at the highest point.
There are 6 main paddocks, a serviceable set of cattleyards with ramp and crush. Some shelter is available with cypress plantations on the southern side boundary and central to the property, and has some lovely old scattered gums throughout.
Originally founded in 1850 by gold prospectors, today Trentham thrives as a hub of tourism with scenic Trentham Falls, a modern medical centre, a terrific 18 hole golf course, library and providing access to many cultural and artistic pursuits via the town's Neighbourhood Centre.
East Trentham is just an hour from Melbourne, whilst enjoying close proximity to Daylesford, Kyneton and Woodend where V/Line services connect you back to Southern Cross Station or Bendigo.
10% Deposit
Settlement: 60/90 days

Property History for 539 James Lane, Trentham East, VIC 3458

A timeline of how this property has performed in the market
Last Sold
$1,175,000
19 Sep 2016
  • 19 Sep 2016
    Sold for $1,175,000
  • 09 Aug 2016
    Listed for Sale $1,200,000

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About Trentham East 3458

The size of Trentham East is approximately 34.6 square kilometres. It has 1 park covering nearly 29.8% of total area. The population of Trentham East in 2011 was 261 people. By 2016 the population was 153 showing a population decline of 41.4% in the area during that time. The predominant age group in Trentham East is 50-59 years. Households in Trentham East are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Trentham East work in a managers occupation. In 2011, 92.4% of the homes in Trentham East were owner-occupied compared with 92.9% in 2016..

Trentham East has 121 properties. Over the last 5 years, Houses in Trentham East have seen a 72.38% increase in median value, while Units have seen a -25.06% decrease. As at 31 July 2024:

  • The median value for Houses in Trentham East is $1,487,387 while the median value for Units is $506,651.
There are currently 2 properties listed for sale, and no properties listed for rent in Trentham east on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Trentham east.

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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.