14 Wiseman RoadMonbulk VIC 3793
Property Details for 14 Wiseman Rd, Monbulk
Last Listing description (October 2020)
'Murray Valley Nurseries'- Institutional Grade Agribusiness Investment
This property forms part of the 'Murray Valley Nurseries' disposal sale. Situated in the highly sought after region of Monbulk at the foothills of the Dandenong Ranges and only a stones throw from Silvan Reservoir.
The property comprises 9ha (22.24 acres) of high quality red soil (ideal for horticulture) gently sloping to the stony creek rear boundary where there is an irrigation pump servicing the property with a 50 megalitre high security water entitlement.
Located only 42 klms from Melbourne this property acts as the primary distribution centre for the operation. Murray Valley Nurseries is a large-scale, high-margin wholesale tree nursery enterprise with full vertical integration. Murray Valley Nurseries is a major supplier to Bunnings, Mitre 10 & over 200 other medium to small retailers.
The property comprises extensive irrigation infrastructure, grow houses, shedding, office as well as a three bedroom home.
Property History for 14 Wiseman Rd, Monbulk, VIC 3793
- 07 Nov 2024Sold for $1,600,000
- 28 Apr 2020Listed for Sale Expression of Interest Closing 29th of May
- 08 Mar 2019Transferred
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0About Monbulk 3793
The size of Monbulk is approximately 20.3 square kilometres. It has 12 parks covering nearly 6.2% of total area. The population of Monbulk in 2016 was 3577 people. By 2021 the population was 3651 showing a population growth of 2.1% in the area during that time. The predominant age group in Monbulk is 40-49 years. Households in Monbulk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monbulk work in a trades occupation.In 2021, 82.20% of the homes in Monbulk were owner-occupied compared with 79.40% in 2016.
Monbulk has 1,651 properties. Over the last 5 years, Houses in Monbulk have seen a 18.47% increase in median value, while Units have seen a 30.09% increase. As at 28 February 2026:
- The median value for Houses in Monbulk is $894,461 while the median value for Units is $687,872.
- Houses have a median rent of $600 while Units have a median rent of $10,140.
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