2965 Benalla-Tocumwal RoadWaggarandall VIC 3646
Property Details for 2965 Benalla-Tocumwal Rd, Waggarandall
Last Listing description (September 2019)
St James/Dookie district - Rural Investment opportunity - 2 titles. To be sold with a secure lease in place to a highly recommended pastoral cropping enterprise on
5-year fixed term, with a 5-year option at market value. Leased at $103,440 with outgoings to be paid by the landlord.
Remarks: This property has been well farmed and will continue to be with excellent farming practises conducted by the current tenant. The property has strong boundaries fronting a bitumen road central to Dookie, Shepparton and Yarrawonga in the St James/Waggarandall district.
This sale provides the investor a wonderful opportunity to invest in farming land which continues to increase in value. All details and inspections of the property can be made by contacting the selling agent.
Inspection by appointment only
Expressions of Interest close 4pm on Thursday 10th of April, 2019.
Property History for 2965 Benalla-Tocumwal Rd, Waggarandall, VIC 3646
- 11 Sep 2019Sold for $765,865
- 08 Mar 2019Listed for Sale Expressions of Interest
- 20 May 2004Sold for $907,024
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About Waggarandall 3646
The size of Waggarandall is approximately 63.6 square kilometres. It has 5 parks covering nearly 4.4% of total area. The population of Waggarandall in 2011 was 257 people. By 2016 the population was 33 showing a population decline of 87.2% in the area during that time. The predominant age group in Waggarandall is 50-59 years. Households in Waggarandall are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Waggarandall work in a managers occupation. In 2011, 91.9% of the homes in Waggarandall were owner-occupied compared with 88.2% in 2016..
Waggarandall has 67 properties. Over the last 5 years, Houses in Waggarandall have seen a 163.69% increase in median value, while Units have seen a 96.67% increase. As at 31 October 2024:
- The median value for Houses in Waggarandall is $464,921 while the median value for Units is $250,084.
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