OFF MARKET

403 Spittle Road
Willaura VIC 3379

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6440301m2
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Property Details for 403 Spittle Rd, Willaura

Building Type
Rural
Land Size
6440301m2
Local Government
Ararat
Lot/Plan
1/TP79227

Last Listing description (October 2019)

646ha (1,596ac) approx. as a whole or in two lots
In the heartland of the renowned Willaura area is this highly productive property located in one of Victoria's if not the country's most reliable districts. Situated just 25km from the township of Lake Bolac and 65km from Hamilton this property is brilliant in every way on highly productive sandy loam soils.
This property lends itself to a multitude of agricultural pursuits, as approximately 90% of the property is arable, which makes it the ideal turn key operation or as an equally ideal opportunity to commence a pure cropping or continue a highly successful livestock enterprise. Early access for cropping purposes is possible to the successful purchaser.

Well fenced into 33 main paddocks, the property has been farmed predominantly as prime lamb operation running 3,000 composite ewes with rotational cropping of cereals, pastures and fodder crops, turning off approximately 4,000 prime lambs at 28kg dressed weight average annually. A substantial asset to the property is having town water connected (non-potable) which is set up to a network of troughs and has 29 catchment dams throughout.
Available as a whole or in two contingent lots:
Lot 1 - Home Block 918 acres (371.6ha) approx.
Two dwellings - a comfortable and spacious circa 1940's brick home comprises 3 BR + study, in addition to a 2-car garage. A separate entry leads to a further circa 1960's fully modernised open plan 3BR home with garage and retreat (owner to remain in for 2019).
There are many extra structural improvements including a large 3 stand woolshed with room for 500-600 wooled sheep and excellent steel sheep-yards, barn, 11 grain silos (560t storage capacity), 3 machinery sheds and a near new 48m x 12m 8 bay machinery/hayshed. Approximately 430 acres of this portion of the property has established Lucerne, which currently underpins the highly successful prime lamb and fodder operation.
Lot 2 - 677 acres (274.3ha) approx.
Slightly undulating with higher rises, this portion of the property is mainly open country fenced into 9 main paddocks. Town water connected and pumped to tanks gravity fed to troughs. Numerous shelter belts throughout and as an added bonus is a grazing licence of 5.8ha.

10% Deposit
Settlement: 60 days

For Inspection and further details:
Adrian Smith
Landmark Harcourts Ballarat
137 Gillies Street, Ballarat, VIC 3350, Australia
M: 0400 178 945
E: adrian.smith@landmark.com.au

Property History for 403 Spittle Rd, Willaura, VIC 3379

A timeline of how this property has performed in the market
Last Sold
$405,000
05 Jul 2019
  • 05 Jul 2019
    Sold for $405,000
  • 05 Jul 2019
    Sold for $5,340,000
  • 24 Jan 2019
    Listed for Sale Price on Application
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About Willaura 3379

The size of Willaura is approximately 444.8 square kilometres. It has 2 parks covering nearly 2.1% of total area. The population of Willaura in 2011 was 585 people. By 2016 the population was 533 showing a population decline of 8.9% in the area during that time. The predominant age group in Willaura is 60-69 years. Households in Willaura are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Willaura work in a managers occupation. In 2011, 82.5% of the homes in Willaura were owner-occupied compared with 72.3% in 2016.

Willaura has 361 properties. Over the last 5 years, Houses in Willaura have seen a 96.51% increase in median value. As at 31 July 2024:

  • The median value for Houses in Willaura is $253,710 while the median value for Units is $308,180.
There are currently 2 properties listed for sale, and no properties listed for rent in Willaura on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Willaura.

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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.