OFF MARKET

5620 Melba Highway
Yea VIC 3717

Bedrooms: 6
Bathrooms: 4
Car spaces: -
Land area: 2321918m2
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Property Details for 5620 Melba Hwy, Yea

Building Type
Rural
Land Size
2321918m2
Local Government
Murrindindi
Lot/Plan
2/TP108948

Last Listing description (March 2022)

Elders Rural Services Australia Limited is pleased to present for sale 'Murrindindi Station', one of Victoria's most historic landmark estates, widely regarded for its Victorian-era homestead, unique dual river frontage and prime agricultural land.

Ideally located 12km* south of Yea in North East Victoria, 'Murrindindi Station' occupies a highly versatile 430 hectares* (1,064 acres*, including river lease) of land enjoying dual river frontage to the Yea and Murrindindi Rivers. The property exhibits rich Australian colonial history, featuring a circa. 1848 homestead, renovated staff quarters and guest residences, original structural improvements, an abundance of natural water supply and picturesque views of the surrounding valley vistas.

'Murrindindi Station' presents a unique opportunity to acquire one of the most significant historic rural holdings in Victoria.

KEY FEATURES:
- Total land area: 430 hectares* - 1,064 acres* (including river lease) in 9 certificates of title
- First settled in 1837 by Peter Snodgrass, a renowned pastoralist and politician, 'Murrindindi Station' was one of the first established pastoral runs in the area
- Iconic historical six-bedroom homestead representing the vernacular of Pre-separation Colonial architecture set within an enviable parklike garden setting
- Recently renovated, open plan staff quarters and guest residences
- Original (c.1848) stone stables, machinery and wool/shearing sheds
- Cattle yards with roof over working areas
- Heavy carrying alluvial river flats to gently undulating hills, comprising a parklike landscape featuring mature trees including river redgums approximately 400-500 years old
- Abundant natural water supply via the Yea River (8km* of frontage including pre-emptive title) and 2km* of frontage to the Murrindindi River
- Improved pastures and outstanding fertiliser history
- Excellent standard of fencing incorporating a centralised laneway system
- Highly versatile land ideally suited to a range of agricultural pursuits including cattle, prime lamb, wool, viticulture and equine
- Reliable 843mm (33 inches*) average annual rainfall
- Ideally located 12km* from Yea, 41km* from Alexandra and 102km* from Melbourne CBD.

To be sold by Expression of Interest closing 3rd December 2021, 4pm

A comprehensive Information Memorandum is available upon request

* denotes approximately

Property History for 5620 Melba Hwy, Yea, VIC 3717

A timeline of how this property has performed in the market
Last Sold
$13,700,000
09 Dec 2021
Listed for Rent
$250/w
22 Dec 2017
  • 09 Dec 2021
    Sold for $13,700,000
  • 25 Oct 2021
    Listed for Sale by Expression of Interest
  • 13 Oct 2017
    Listed for Rent $250 / week
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About Yea 3717

The size of Yea is approximately 177.3 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Yea in 2011 was 1,594 people. By 2016 the population was 1,601 showing a population growth of 0.4% in the area during that time. The predominant age group in Yea is 60-69 years. Households in Yea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yea work in a trades occupation. In 2011, 75.4% of the homes in Yea were owner-occupied compared with 73.4% in 2016.

Yea has 1,414 properties. Over the last 5 years, Houses in Yea have seen a 34.45% increase in median value, while Units have seen a 33.97% increase. As at 31 October 2024:

  • The median value for Houses in Yea is $529,867 while the median value for Units is $406,257.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 52 properties listed for sale, and 11 properties listed for rent in Yea on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Yea.

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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.