1340 Cosgrove-Lemnos Road, Lemnos, VIC 3631 | Property Value & History | OnTheHouse
OFF MARKET

1340 Cosgrove-Lemnos Road
Lemnos VIC 3631

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 318025m2
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Property Details for 1340 Cosgrove-Lemnos Rd, Lemnos

Building Type
Rural
Land Size
318025m2
Local Government
Greater Shepparton
Lot/Plan
2/LP125613

Last Listing description (July 2015)

Horse Facilities ~ Orchard Soil Types CLEARING SALE IS BEING HELD THE SAME DAY COMMENCING AT 10.30AM Estate of Mrs. Essie McDermott PRIOR OFFERS WILL BE CONSIDERED This auction represents a wonderful opportunity for lifestyle purchasers to buy an 78.5 acres (approx.) farmlet located on the corner of Lemnos North and Cosgrove Road, Lemnos with town water and irrigation water, delivery share of .65 ml/day with 5 megs of high reliability water sold with the farm.This property has been the home of the McDermott family for many, many years and is being sold to finalise the Estate of late Mr. Leo and late Mrs. Essie McDermott.The original two bedroom weatherboard home has been, over the years extended to include an extra bedroom, bathroom and laundry.The home comprises carpeted lounge room with split system reverse cycle air conditioning and an LPG gas heater connection.The tiled kitchen meals area features an electric bench oven, double sink, brekky bench and is serviced with electric hot water and walk in pantry.The three bedrooms are all carpeted with the master having a walk in robe. There are robes in the second bedroom but not in the third.The wet areas are all tiled and the bathroom does in fact have a bath, separate shower and vanity. The laundry is quite spacious with plenty of cupboard space.Both the front (South) and back (North) of this home have undercover porches and a carport is on the East side of the home while the West side has a brick paved shade area, providing relief from the hot afternoon sun.Leo McDermott was always heavily involved with horses and consequently the farmlet has a large stallion yard that was home to his famous Palomino stallion when he was Clerk of the Course at the race track in Shepparton. The shedding comprises a very well built 30 x 60 (approx.) shed with sliding doors both ends, power connection, but still a dirt floor. Off to the side is a 20 x 60 (approx.) skillion with 6 built in stables for easy access.A 10 x 15 (approx.) tack and feed room is out the back of the shedding with sundry other shedding.Steel yards 30m x 12m (approx.) was used for the stock. Hay shed is down the paddock. The land is divided into about 6 paddocks. Town water to the farm is a great asset. Orchards all around offer testament to the quality of the soil and the delivery share of .65 ML/day allows for irrigation of the land should the purchaser require.Nothing has been done to the land other than grazing and a crop of wheat or canola etc should provide a Bumper Harvest if sown.The position, so close to town is the greatest asset and although the home needs a bit of work, intending buyers can inspect this property with full confidence and the agents very strong recommendation.

Property History for 1340 Cosgrove-Lemnos Rd, Lemnos, VIC 3631

A timeline of how this property has performed in the market
Last Sold
$376,250
10 Apr 2015
  • 18 Jun 2015
    Listed for Sale Auction 18 April at 2.00pm
  • 10 Apr 2015
    Sold for $376,250
  • 11 Feb 2015
    Listed for Sale Auction 18 April at 2.00pm
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About Lemnos 3631

The size of Lemnos is approximately 18.7 square kilometres. The population of Lemnos in 2016 was 246 people. By 2021 the population was 251 showing a population growth of 2.0% in the area during that time. The predominant age group in Lemnos is 50-59 years. Households in Lemnos are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Lemnos work in a managers occupation.In 2021, 79.80% of the homes in Lemnos were owner-occupied compared with 88.90% in 2016.

Lemnos has 156 properties. Over the last 5 years, Houses in Lemnos have seen a 23.02% increase in median value. As at 30 April 2026:

  • The median value for Houses in Lemnos is $632,021 while the median value for Units is $376,000.
There are currently no properties listed for sale, and 1 property listed for rent in Lemnos on OnTheHouse. According to Cotality's data, 1 property were sold in the past 12 months in Lemnos.

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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.