1926 Mortlake-Ararat RoadWoorndoo VIC 3272
Property Details for 1926 Mortlake-Ararat Rd, Woorndoo
Last Listing description (March 2022)
Elders Real Estate and Land Agribusiness Water and Development (LAWD) are pleased to present for sale the Woorndoo Aggregation, an institutional grade dryland cropping opportunity in Victoria's renowned Western District region.
Comprising approximately 3,353 hectares, the Aggregation is located 1* kilometre east of Woorndoo in an area highly regarded for a variety of agricultural pursuits.
Key investment highlights include:
- An exceptional quality dryland cropping opportunity, suited to a range of intensive and broad hectare agricultural pursuits, including high yielding crops (winter cereals, oilseeds and pulse crops).
- Extensive land class development has occurred from the amalgamation of numerous mixed farming enterprises to state-of-the-art raised bed development, greatly enhancing production.
- Benefited by highly fertile soil types (basalt clay loams) with excellent moisture retention capacity, favourable climatic characteristics (average annual rainfall of 582mm*) and extensive drainage throughout.
-An all-weather laneway system provides internal access for the movement of machinery and heavy transport, along with multiple road frontages enhancing on farm efficiencies.
- Situated in the well-regarded Western District region of Victoria, one of Australia's most fertile and productive agricultural regions, 17km* south of Lake Bolac.
-Offered for sale in one line or as three separate assets on a contingent basis.
Woorndoo Aggregation represents an unparalleled opportunity for a potential purchaser to acquire an institutional scale landholding benefiting from scale, operational efficiency and idyllic climatic characteristics in the highly regarded Western District region.
For Sale by Expression of Interest Closing Thursday 4th November 2021 at 4pm (AEDT)
Inspections strictly by appointment with the selling agents:
Rob Rickard (Elders) 0407 354 025 or Danny Thomas (LAWD) 0439 349 977
Property History for 1926 Mortlake-Ararat Rd, Woorndoo, VIC 3272
- 26 Nov 2021Sold for $5,146,460
- 05 Oct 2021Listed for Sale EOI
- 14 Dec 2016Sold for $3,856,582
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About Woorndoo 3272
The size of Woorndoo is approximately 327.3 square kilometres. It has 3 parks covering nearly 0.2% of total area. The population of Woorndoo in 2011 was 307 people. By 2016 the population was 172 showing a population decline of 44.0% in the area during that time. The predominant age group in Woorndoo is 50-59 years. Households in Woorndoo are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Woorndoo work in a managers occupation. In 2011, 76.4% of the homes in Woorndoo were owner-occupied compared with 75% in 2016..
Woorndoo has 133 properties. Over the last 5 years, Units in Woorndoo have seen a -13.65% decrease in median value. As at 31 October 2024:
- The median value for Houses in Woorndoo is $331,597 while the median value for Units is $436,335.
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