SOLD
Sold on 31 Aug 2024 for $202,015

124 Jaffrays Road
Wallacedale VIC 3303

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 983388m2
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Property Details for 124 Jaffrays Rd, Wallacedale

Building Type
Rural
Year Built
2006
Land Size
983388m2
Local Government
Glenelg
Lot/Plan
1/TP345923

Last Listing description (December 2024)

TO BE SOLD AS A WHOLE OR IN TWO LOTS:
Lot 1 Home Block West - 134 Acres / 54.37 Hectares or thereabouts
Lot 2 Grazing Block East - 109 Acres / 44.11 Hectares or thereabouts

LOT 1 - HOME BLOCK WEST
SMALL FARM - LIFESTYLE - CATTLE - PRIME LAMBS - HORTICULTURE
- Versatile & productive farm on 134 Acres, easily adaptable for a range of extensive and intensive enterprises incl free-range eggs, bees and viticulture...
- Well-balanced, gently undulating, responsive soil types with a northerly aspect running onto 50 acres of evergreen black loam flats.
- North facing & elevated 4 brm W/B family home with dual living areas & large outdoor functional entertaining area, set in an established garden.
- 20 A/S H/B dairy & large (135m2) multipurpose open fronted shed plus utility shedding.

HOME AND IMPROVEMENTS:
Elevated and north facing three-bedroom weatherboard home with corrugated iron roof with delightful garden and rural aspects. Open plan living area with original open fire place with kitchen & spacious dining area complete with wood heater and reverse cycle a/c. Kitchen is equipped with WIP, gas cooktop and electric stove. There is a large and functional outdoor living area adjoining the kitchen for outdoor entertaining. There is a family bathroom with shower and toilet. Adjacent to the outdoor living area is an outdoor raised pool for fun during summer.
Domestic water: 2 x concrete and 1 x poly water tanks holding up to 49,000 litres (approx. only).
The home is set back conveniently in an elevated position just off Jaffrays Road, an easy care lawn area surrounded by a well-established, low maintenance garden.

Farming improvements include a 20 aside Herringbone dairy, steel construction and corrugated galvanized iron roofing (120m2). The functional dairy traditionally milks around 170 -dairy cows and features milk vat with 5,000 litre capacity and two well sized effluent pond close by. The cow yard comfortably holds up to 200 head and is equipped with cattle race and crush. There is an automatic feed system in the dairy. There is an all-weather circular tanker track which is also used for other transport including stock outwards and fodder inwards with b double access.
Other farming improvements include a large (135m2) multipurpose open fronted galvanised iron machinery / hay / calf shed with earthen floor and power connected.

WATER:
Water security is a feature with two sources of stock water on the property. Water is available across the whole farm.
Bore #1: approx. 30-metres with submersible pump (currently not functioning)
Bore #2: Artesian water at approx. 155-metres.
This provides a strong source of water to all paddocks.
Groundwater 5mg is available.

LOT 2 - GRAZING BLOCK EAST
BEEF - PRIME LAMBS - CROPPING
- 109 Acres of well balanced, gently undulating country subdivided into 5 paddocks
- Ideally suited as a productive standalone grazing or cropping property
- One dam located in the south-west corner of this block
- Ease of management with good access from Jaffrays Road

LOCATION:
124 Jaffrays Road, Wallacedale Vic. 9km to the village of Branxholme, 34km to Hamilton, 55km to Portland and 28km to Heywood. Branxholme is well serviced by a kindergarten and primary school, the Junction Hotel and Stalkers Bend General Store, which also includes the post office and newsagency and V/Line bus stop.
Hamilton and Portland are key regional and rural hubs of approx. 10,000 people each providing primary and secondary school services, health and sporting facilities, broad range of retail and business services, hospitality and strong commercial and industrial sectors.
Portland, Victoria's earliest settlement is known for its deep sea port, grain and livestock exports and fertilizer imports.
Warrnambool is a further 96km and offers livestock marketing facilities, export abattoir and milk factories.

RAINFALL:
Annual average rainfall of around 26 - 27'' / 672ml.

SERVICES:
Postal services to the front gate - Home Block West.
The school bust picks up at the corner of Nixons Road and Post Office Road, Wallacedale, delivering to Branxholme Primary and Hamilton Secondary Schools.

COMMENTS:
This is a wonderful opportunity to secure as a Whole or in Two Lots, versatile and productive rural holding/s in a sought after high rainfall farming location. The Condah/Branxholme district is noted for its agricultural diversity and versatility.

FOR SALE:
Expressions of Interest (EOI) Closing Monday, 12th August at 1:00pm

AGENT DETAILS:
Nick Adamson 0418 571 589
Leeson White 0448 226 579

Property History for 124 Jaffrays Rd, Wallacedale, VIC 3303

A timeline of how this property has performed in the market
Last Sold
$202,015
31 Aug 2024
  • 31 Aug 2024
    Sold for $202,015
  • 31 Aug 2024
    Sold for $1,136,740
  • 10 Jul 2024
    Listed for Sale EOI close 12th August at 1pm
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About Wallacedale 3303

The size of Wallacedale is approximately 48.8 square kilometres. The population of Wallacedale in 2011 was 418 people. By 2016 the population was 135 showing a population decline of 67.7% in the area during that time. The predominant age group in Wallacedale is 10-19 years. Households in Wallacedale are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Wallacedale work in a managers occupation. In 2011, 82.2% of the homes in Wallacedale were owner-occupied compared with 60.5% in 2016..

Wallacedale has 79 properties. Over the last 5 years, Houses in Wallacedale have seen a 23.10% increase in median value, while Units have seen a 2.45% increase. As at 30 November 2024:

  • The median value for Houses in Wallacedale is $465,254 while the median value for Units is $327,417.
There are currently no properties listed for sale, and no properties listed for rent in Wallacedale on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Wallacedale.

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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.