OFF MARKET

638 Mullagong Road
Upper Gundowring VIC 3691

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 560300m2
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Property Details for 638 Mullagong Rd, Upper Gundowring

Building Type
Rural
Year Built
2013
Floor Size
150m2
Land Size
560300m2
Local Government
Alpine

Last Listing description (October 2018)

Kielock is a well presented property of approximately 78.5 hectares (or 196.3 acres) of freehold land nestled between the Kiewa River and Mullagong road at Upper Gundowring.
The property is situated in the heart of the beautiful and highly regarded Kiewa Valley being approximately 25 kilometres from the picturesque town of Mount Beauty and 60 kilometres from the major regional centres of Albury and Wodonga.
The majority of the property is cleared with approximately two kilometres of frontage to the beautiful Kiewa River to include approximately 28 hectares (or 70 acres) of river flats. The balance of the property is described as being of undulating topography rising to some steeper hill country to include a steep timbered area of approximately 2.5 hectares (or 10 acres).

The river flats are divided into nine paddocks for ease of stock management and are pasture improved with a mix of subterranean clovers and ryegrasses. An additional three paddocks are provided across the hill area which is mostly pasture improved with a mix of clovers, ryegrasses and phalaris.
Excellent stock water is provided via nine concrete troughs plus five permanent spring-fed dams. A total 57 megalitre irrigation entitlement is provided in two water licences with all supporting irrigation infrastructure. All internal and external fencing is stock proof and in good to excellent condition.
A large combined open plan kitchen, living and dining area is also provided. The modern kitchen includes: gas cooktop, electric oven, dishwasher and walk-in-pantry. The internal laundry is accessed via the kitchen area with dual access provided to the external of the residence. A combustion wood heater is provided in the living/dining area for the cooler months with ducted evaporative cooling provided throughout for the warmer months.
Rainwater is collected from the roof of the residence and stored in a 22,500 litre polypropylene water tank before being pressure pumped to the residence as required. An additional 22,500 litre polypropylene tank stores water sourced from two spring fed wells for use in and around the garden. This water can also be used to supplement rainwater to the house during periods of extended dry if required.
Additional improvements include: double garage; workshop/machinery shed; hayshed; steel cattle yards; 8 x pig pens; and old unused dairy (in need of repair).
Kielock presents an exciting and rare opportunity to purchase a substantial property with high productivity in the beautiful and tightly held Kiewa Valley, within easy access of the major regional cities of Albury/Wodonga and the townships of Dederang and Mount Beauty.
For further information please contact Mike Weller on 0410 663 041. Inspections are strictly by appointment only.
To view a video of the property see: https://youtu.be/FVgoVTEdzOM

Property History for 638 Mullagong Rd, Upper Gundowring, VIC 3691

A timeline of how this property has performed in the market
  • 21 Sep 2018
    Listed for Sale FOR SALE $1,250,000

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About Upper Gundowring 3691

The size of Upper Gundowring is approximately 68.2 square kilometres. It has 1 park covering nearly 66.6% of total area. The population of Upper Gundowring in 2011 was 372 people. By 2016 the population was 101 showing a population decline of 72.8% in the area during that time. The predominant age group in Upper Gundowring is 40-49 years. Households in Upper Gundowring are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Upper Gundowring work in a managers occupation. In 2011, 80.6% of the homes in Upper Gundowring were owner-occupied compared with 70.5% in 2016..

Upper Gundowring has 64 properties. Over the last 5 years, Houses in Upper Gundowring have seen a 86.26% increase in median value. As at 31 August 2024:

  • The median value for Houses in Upper Gundowring is $903,379.
There are currently no properties listed for sale, and no properties listed for rent in Upper gundowring on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Upper gundowring.

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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.