OFF MARKET

1620 Fernbank-Glenaladale Road
Walpa VIC 3875

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 354254m2
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Property Details for 1620 Fernbank-Glenaladale Rd, Walpa

Building Type
Rural
Land Size
354254m2
Local Government
East Gippsland
Lot/Plan
2/TP954697

Last Listing description (June 2020)

Lot 2, 1620 Fernbank-Glenaladale Road, Walpa has a good combination of both undulating hill and river flat. With over 450m of frontage to the Mitchell River, this highly productive river flat has a 50 megalitre water licence included in the sale.

The river flat of approximately 38 acres has been recently sewn down to Oats, Rye & Clover (late April 2020).


The balance of the hill country, approximately 50 acres is well treed, providing good shelter for livestock, stunning north-easterly views can be enjoyed from a number of potential home sites and a good set of steel cattle yards.

A great property well suited to a number of agricultural pursuits; including growing & fattening livestock growing Lucerne or vegetables.

Call to inspect today.

Tender Details:
All Tender submissions must be received by Friday 5th of June 2020, 5pm.
Terms: 1% Deposit Due on Submission of Tender, balance of 10% Due on Acceptance.
Settlement: 60* Days.

Property History for 1620 Fernbank-Glenaladale Rd, Walpa, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$801,000
09 Jun 2020
  • 09 Jun 2020
    Sold for $801,000
  • 29 Apr 2020
    Listed for Sale FOR SALE BY TENDER
  • 04 Jan 2014
    Listed for Sale AUCTION ON-SITE
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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 46.87% increase in median value. As at 31 January 2025:

  • The median value for Houses in Walpa is $574,933.
There are currently 1 property listed for sale, and no properties listed for rent in Walpa on OnTheHouse. According to CoreLogic's data, 3 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.