1025 Wingeel RoadWingeel VIC 3321
Property Details for 1025 Wingeel Rd, Wingeel
Last Listing description (August 2016)
Great country lifestyle 20 km from Inverleigh and half an hour's drive to Geelong.
Comprising of approximately 226 acres of cropping or grazing land in addition to a fully renovated three bedroom residence with reverse cycle air-conditioning set well back from the road.
Well established tree plantations will be a feature in the years to come.
Water supply is provided with a rainwater tank and a secure bore supply for livestock and gardens.
Potential to generate an income of around $15,000 per year, leasing the cropping land while still retaining an area for horses and pets.
A rare opportunity to secure a viable farming area close to Geelong
Property History for 1025 Wingeel Rd, Wingeel, VIC 3321
- 15 Aug 2016Sold for $670,000
- 03 May 2016Listed for Sale $670,000
- 07 Jun 2013Sold for $500,000
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About Wingeel 3321
The size of Wingeel is approximately 62.9 square kilometres. The population of Wingeel in 2011 was 433 people. By 2016 the population was 7 showing a population decline of 98.4% in the area during that time. The predominant age group in Wingeel is 50-59 years. Households in Wingeel are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wingeel work in a labourer occupation. In 2011, 85.4% of the homes in Wingeel were owner-occupied compared with 66.6% in 2016..
Wingeel has 26 properties. Over the last 5 years, Houses in Wingeel have seen a 14.53% increase in median value. As at 30 November 2024:
- The median value for Houses in Wingeel is $742,126.
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