384 Melrose Road, Cooriemungle, VIC 3268 | Property Value & History | OnTheHouse
OFF MARKET

384 Melrose Road
Cooriemungle VIC 3268

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 392722m2
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Property Details for 384 Melrose Rd, Cooriemungle

Building Type
Commercial
Land Size
392722m2
Local Government
Corangamite
Lot/Plan
1/PS602565

Last Listing description (October 2024)

Centrally located 97 ac/ 39.25 Ha farm situated on a main bitumen road in the heart of the highly productive Heytesbury settlement

The immaculately kept property is well divided into ease of grazing management paddocks serviced by an all weather access laneway. Conveniently the property has power connected to the cattle yards and the reliable main water storage dam. Water is delivered throughout the property via header tank to high volume troughs. There are also various other dams throughout the property.

The modern steel cattle yards offer excellent stock management ability with crush, race and loading facilities for truck and trailer. Crushed sandstone lines the main holding yards with concrete for the higher traffic areas. A disused milk and engine room offer weather protection as an added bonus.

The well elevated and drained fertile deep loam productive soils are sown to a rye and clover base providing high pasture growth and utilization capability, backed by a very strong fertiliser history.

Ideally suited for primary production pursuits, the property does offer lifestyle opportunities (STCA), given the location, fa?ade towards the Great Southern Ocean and electricity availability.

Inspection via appointment with agent only.

Property History for 384 Melrose Rd, Cooriemungle, VIC 3268

A timeline of how this property has performed in the market
Last Sold
$872,888
06 Sep 2023
  • 06 Sep 2023
    Sold for $872,888
  • 16 Mar 2023
    Listed for Sale For Sale - Contact Agent
  • 10 Nov 2017
    Sold for $339,430
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About Cooriemungle 3268

The size of Cooriemungle is approximately 146.5 square kilometres. It has 3 parks covering nearly 13.9% of total area. The population of Cooriemungle in 2016 was 364 people. By 2021 the population was 311 showing a population decline of 14.6% in the area during that time. The predominant age group in Cooriemungle is 50-59 years. Households in Cooriemungle are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Cooriemungle work in a managers occupation.In 2021, 67.30% of the homes in Cooriemungle were owner-occupied compared with 64.40% in 2016.

Cooriemungle has 149 properties. Over the last 5 years, Houses in Cooriemungle have seen a 55.18% increase in median value, while Units have seen a 105.95% increase. As at 30 November 2025:

  • The median value for Houses in Cooriemungle is $852,058 while the median value for Units is $505,564.
There are currently 1 property listed for sale, and no properties listed for rent in Cooriemungle on OnTheHouse. According to Cotality's data, 6 properties were sold in the past 12 months in Cooriemungle.

Suburb Insights for Cooriemungle 3268

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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.