769 Bells Road, Barunah Park, VIC 3329 | Property Value & History | OnTheHouse
OFF MARKET

769 Bells Road
Barunah Park VIC 3329

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 2383253m2
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Property Details for 769 Bells Rd, Barunah Park

Building Type
Commercial
Land Size
2383253m2
Local Government
Golden Plains
Lot/Plan
2/TP884344

Last Listing description (February 2023)

A passive investment in agricultural land with secure long term lease income together with the expected capital appreciation always seen with farm land.

A major feature of this property is the expected long term income stream (CPI indexed) to be generated from 10 wind turbines and ancillary equipment to be erected on the property.

The combined income from the wind turbines and agricultural lease will generate a return of approximately 3.75% with CPI increases to the wind tower component.

Historically agricultural properties have doubled in value every 10 years.

The Western District is recognised as Victoria's premium cropping and livestock region due to its proven rainfall reliability, productive soil types and proximity to large urban towns.

This property is positioned in the reliable rainfall area between Rokewood and Cressy which is renowned for high yielding crops and healthy grazing country. Incorporating clay loam soils with stone outcrops, 70 - 75% of the holding is considered arable with scope for further clearing.

Improvements which are in original condition include:
- 3 stand wool shed
- Sheep yards & steel cattle yards
- Machinery sheds and workshop
- 2 hay sheds
- Secure water supply featuring dams and 2 bores

Properties of this scale and productivity, coupled with a reliable average rainfall within a two hour drive from Melbourne, rarely come on the market. This is truly a remarkable opportunity to secure an expansive productive holding in a prime rural location.

Property History for 769 Bells Rd, Barunah Park, VIC 3329

A timeline of how this property has performed in the market
Last Transferred
30 Sep 2025
  • 30 Sep 2025
    Transferred
  • 09 Sep 2025
    Transferred
  • 09 Sep 2025
    Transferred
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About Barunah Park 3329

The size of Barunah Park is approximately 85.5 square kilometres. The population of Barunah Park in 2016 was 27 people. By 2021 the population was 33 showing a population growth of 22.2% in the area during that time. The predominant age group in Barunah Park is 70-79 years. Households in Barunah Park are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Barunah Park work in a managers occupation.In 2021, 125.00% of the homes in Barunah Park were owner-occupied compared with 150.00% in 2016.

Barunah Park has 28 properties. As at 31 January 2026:

  • The median value for Houses in Barunah Park is $1,626,074.
There are currently no properties listed for sale, and no properties listed for rent in Barunah park on OnTheHouse. According to Cotality's data, no properties were sold in the past 12 months in Barunah park.

Suburb Insights for Barunah Park 3329

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.