Expressions of Interest close Wednesday 31/10/2018 at 12 noon.
This property presents an outstanding opportunity to purchase a well located and sizeable rural holding with good quality pastures situated 9 kilometres east of Colac. Offering two comfortable dwellings, the main home is a four bedroom + study brick veneer built in 1980 while the cottage was added in 1992. The main home also has a large master with walk in robe & ensuite and two living areas. Low maintenance weathertex two bedroom cottage with open plan living gives you extra flexibility in accommodation, either for in-laws, guests or rental return. Gently undulating 156 acres (63.5 hectares approx.) of good quality soils in the picturesque and respected Warncoort district has been fenced into 12 main paddocks, with most paddocks having a dam. The main central dam has a capacity of approximately 3 ML. Plenty of shelter with fence line plantings of cyprus & natives. Improvements comprise stockyards complete with loading race and steel crush, 5 bay machinery shed and a 4 bay hayshed. This property is well set up with two homes, three phase power and excellent shedding and will lend itself to a wide variety of farming pursuits.
The size of Warncoort is approximately 59.9 square kilometres. The population of Warncoort in 2011 was 276 people. By 2016 the population was 114 showing a population decline of 58.7% in the area during that time. The predominant age group in Warncoort is 10-19 years. Households in Warncoort are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Warncoort work in a managers occupation. In 2011, 78.9% of the homes in Warncoort were owner-occupied compared with 80% in 2016..
Warncoort has 112 properties. Over the last 5 years, Houses in Warncoort have seen a 20.37% increase in median value. As at 31 October 2024:
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