207 Nicholsons RoadYarck VIC 3719
Property Details for 207 Nicholsons Rd, Yarck
Last Listing description (July 2019)
Set within the highly productive, highly sort-after Yarck area of the Upper Goulburn Valley region of Victoria, Australia, ideally positioned on Nicholsons Road, with very easy access to Maroondah Link Hwy (est. 1.5 hours - 166km Nth East of Melbourne CBD) and the recreational bicycle trail (Goulburn River High Country Rail Trail), this property features incredible sweeping views across Bonnie Doon to the snow capped mountain ranges of Mount Buller.
The property's North Easterly aspect matches other highly productive horticultural ventures (cherry's) located within the same valley underpinning the high productivity of soils present and the potential suitability for conversion to numerous horticultural permanent crops including viticulture and fruits.
Topographically, the property is effectively separated into two parts, spit down the centre (refer attached map), the higher area traversed by suitable roads, the ridges established to mature highly productive Pinus radiata plantation (currently being harvested). The lower undulating grazing paddocks dotted with 5 dams and all well fenced for cattle. Central to the property is a very large two storey dwelling (incomplete) constructed of sturdy natural materials i.e. slate, rock and hardwood beams etc., simply awaiting completion by the right future owner.
For the astute investor, given the large scale and the very attractive asking price, this property presents the perfect blank canvas numerous opportunities from which to develop this property to its highest and best use.
KEY FEATURES:
- Title Area: 302.35 hectares (747.14 acres)
- Site Parameters: Higher ridges, undulating topography to lower valley flats ideal for cattle grazing, 5 internal dams, good internal roads, high annual rainfall 850mm and highly productive soil types. Direct road access to property.
- Clear Grazing Area: 97.13 hectares (240 acres)
- Plantation Footprint Area: 109.30 hectares (270 acres) - currently being harvested.
- Remanent Vegetation & Gullies: 90.60 hectares (223.88 acres)
* all areas above are approximate in nature.
Property History for 207 Nicholsons Rd, Yarck, VIC 3719
- 29 Jul 2019Sold for $100,000
- 19 Mar 2019Listed for Sale $1,500,000.00
- 05 Nov 2018Sold for $3,000,000
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About Yarck 3719
The size of Yarck is approximately 86.7 square kilometres. It has 1 park covering nearly 6.5% of total area. The population of Yarck in 2011 was 550 people. By 2016 the population was 161 showing a population decline of 70.7% in the area during that time. The predominant age group in Yarck is 60-69 years. Households in Yarck are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yarck work in a managers occupation. In 2011, 85.6% of the homes in Yarck were owner-occupied compared with 84.1% in 2016..
Yarck has 207 properties. Over the last 5 years, Houses in Yarck have seen a 108.72% increase in median value. As at 31 October 2024:
- The median value for Houses in Yarck is $807,034 while the median value for Units is $245,556.
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