SOLD
RECENT ADVICE
Sold on 03 Oct 2024 for $2,325,000

140 Wandin Creek Road
Wandin East VIC 3139

Bedrooms: 7
Bathrooms: 3
Car spaces: 2
Land area: 74058m2
Sold By
Woodards Croydon
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Property Details for 140 Wandin Creek Rd, Wandin East

Building Type
Commercial
Land Size
74058m2
Local Government
Yarra Ranges
Lot/Plan
1/PS826883

Last Listing description (November 2024)

Located in Victoria?s illustrious Yarra Valley, this sprawling 18.3 acre property presents a remarkable lifestyle and business opportunity. Available for the first time in three decades, it comprises a family homestead, a flourishing U-Pick berry farm and numerous significant buildings.

Well-known in the region, the impeccably managed property offers 15 acres of berry-dominant irrigated crops, including polyhouse crops. As a family-owned enterprise with a robust agribusiness, it holds significant potential for further development.

The key features of this unique property include a recently renovated homestead with a well-equipped kitchen, 5 bedrooms, 3 bathrooms plus generous living, dining and verandah space. The homestead showcases impressive views of farmland and the surrounding ranges, and is complemented by a covered entertaining area and a double carport.

Separate from the homestead, there is an updated granny flat, ideal for accommodating site workers, including backpackers. It features 2 bedrooms, a living/dining area, kitchen, laundry and a disabled bathroom.

The property also holds a water license for 10 megalitres on stream, a 3-meg privately owned off-stream dam and a 95-metre water bore with an additional leased permit for 6 megalitres. 2 freshwater tanks and 2 dams contribute to the property's water resources.

The large shed on the property serves multiple purposes, functioning as a "Farm Gate" shop with packing facilities, a canteen, office, cool room and restrooms. The machinery shed includes a workshop plus further office and workers? accommodation.

The sale includes an extensive array of machinery required to run and maintain the farm business, as well as a shed housing computerised fertiliser mixing.

The business model encompasses established U-Pick Farm Gate retail sales and commercial berry crops, featuring Chinese Bayberry as the hero crop, along with strawberry, red currant, blueberry, raspberry and a feijoas orchard.

At A Glance:
- 7 bed | 3 bath | 2 car
- Approximately 18.3 acres of land
- Presently operating as a thriving U-Pick berry farm
- 5-bedroom family homestead
- 2-bedroom granny flat
- Retail shop
- Packing facilities
- Two polyhouses
- Machinery workshop
- Double carport plus onsite parking

You?ll Love:
This property?s ability to provide both a vibrant valley lifestyle and thriving agribusiness. In Wandin East, it is partially bordered by the serene Wandin Yallock Creek, and is just under an hour's drive from Melbourne?s CBD.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 140 Wandin Creek Rd, Wandin East, VIC 3139

A timeline of how this property has performed in the market
Last Sold
$2,325,000
03 Oct 2024
  • 03 Oct 2024
    Sold for $2,325,000
  • 06 Feb 2024
    Listed for Sale $2,500,000
  • 25 Feb 2020
    Sold for $1,300,000

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About Wandin East 3139

The size of Wandin East is approximately 9.3 square kilometres. It has 2 parks covering nearly 0.7% of total area. The population of Wandin East in 2011 was 440 people. By 2016 the population was 432 showing a population decline of 1.8% in the area during that time. The predominant age group in Wandin East is 50-59 years. Households in Wandin East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wandin East work in a managers occupation. In 2011, 79.1% of the homes in Wandin East were owner-occupied compared with 77.4% in 2016..

Wandin East has 197 properties. Over the last 5 years, Houses in Wandin East have seen a 38.27% increase in median value, while Units have seen a 12.05% increase. As at 31 October 2024:

  • The median value for Houses in Wandin East is $1,374,263 while the median value for Units is $575,985.
There are currently no properties listed for sale, and no properties listed for rent in Wandin east on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Wandin east.

Suburb Insights for Wandin East 3139

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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.