OFF MARKET

6193 Melba Highway
Yea VIC 3717

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1828408m2
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Property Details for 6193 Melba Hwy, Yea

Building Type
Rural
Land Size
1828408m2
Local Government
Murrindindi
Lot/Plan
1/TP854848

Last Listing description (July 2022)

Approximately 186 Hectares ( 459 acres ) plus approximately 3.75 hectares, ( 9.2 acres ) Unused Road Grazing Licence.

Located within 3.5 kilometres from the township of Yea, approximately 100 kilometres from Melbourne with approximately 1.4 kilometres Melba Highway frontage.

Features of the property :

- Subdivided into 11 paddocks, excellent fencing with electric offsets.

- Central laneway system to steel cattle yards with covered work area with reticulated water to yards.

- All weather truck access.

- 5 dams, 2 bores , 1 equipped with single phase submersible pump with telemetry control. Other bore not equipped.

- Equipped bore pumps to 130,000 litre Rhino tank with telemetry monitoring.

- Reticulated water system to 10 paddocks feeding 1000 Litre concrete troughs in each of the 10 paddocks.

- Fertilizer has been applied in each of the past 10 years. Lime over 4 paddocks in 2012.

- Single phase electricity line running through the southeast corner of the property.

- Telstra cable along the eastern boundary of the property.

Elders Rural Services is please to present a rare opportunity to secure a productive property position close to the popular township of Yea. The property is currently being used as part of a significant cattle operation. There a number of outstanding vistas on the property.

Expression Of Interest close 5 pm. Friday 13th May, 2022.

Bruce Elliott 0409 699937 , 03 57974100, bruce.elliott@elders.com.au

Property History for 6193 Melba Hwy, Yea, VIC 3717

A timeline of how this property has performed in the market
Last Sold
$3,550,000
21 May 2022
  • 21 May 2022
    Sold for $3,550,000
  • 04 Apr 2022
    Listed for Sale Expression of Interest
  • 21 Nov 2011
    Sold for $950,000
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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.