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
2/PS343841

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

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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 1,412 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 55 properties listed for sale, and 9 properties listed for rent in Yea on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Yea.

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