OFF MARKET

1035 Lindenow-Glenaladale Road
Walpa VIC 3875

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 215244m2
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Property Details for 1035 Lindenow-Glenaladale Rd, Walpa

Building Type
Rural
Land Size
215244m2
Local Government
East Gippsland
Lot/Plan
9/LP7031

Last Listing description (January 2023)

Size: 53 Acres (approx)
Location: 18km to Bairnsdale, 274 km to Melbourne

This lifestyle parcel of 53 acres is located on the highly regarded Mitchell River flats within the extensive Lindenow valley growing district renowned for rich fertile land and home to some of the biggest vegetable producers in Australia.

The site benefits from the significant capital investment made by the current owners in support of its commercial operations including approximately 20 acres of fixed irrigation, 50HP pump and underground mains supported by a large permanent water lagoon with a 30MG water licence for pumping.
The property is currently being operated as part of a larger farming enterprise and producing approx 20 acres of brocollini and also at the rear of the farm is 30 acres of easy maintenance asparagus. The crop will produce high quality asparagus year after year which is being currently processed and sold in vegetable markets in Melbourne, Sydney, Brisbane & exported overseas by the current owners.
The farm also features a 2 bedroom brick residence Glen Brae with electric heating and double garage. At the rear of the property is a large 6 bay shed to compliment the farming operation.
Heres a rare opportunity to purchase prime tightly held river flat land, and be able to start earning a considerable income immediately in a booming vegetable market.

Property History for 1035 Lindenow-Glenaladale Rd, Walpa, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$1,700,000
24 Aug 2022
  • 24 Aug 2022
    Sold for $1,700,000
  • 29 Jun 2022
    Listed for Sale $1,750,000
  • 14 Apr 2009
    Sold for $550,000
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About Walpa 3875

The size of Walpa is approximately 28.1 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Walpa in 2011 was 103 people. By 2016 the population was 143 showing a population growth of 38.8% in the area during that time. The predominant age group in Walpa is 60-69 years. Households in Walpa are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Walpa work in a managers occupation. In 2011, 60% of the homes in Walpa were owner-occupied compared with 82.7% in 2016..

Walpa has 120 properties. Over the last 5 years, Houses in Walpa have seen a 58.43% increase in median value. As at 31 October 2024:

  • The median value for Houses in Walpa is $620,633.
There are currently no properties listed for sale, and no properties listed for rent in Walpa on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Walpa.

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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.