278 Bungower Road, Moorooduc, VIC 3933 | Property Value & History | OnTheHouse
OFF MARKET

278 Bungower Road
Moorooduc VIC 3933

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 278606m2
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Property Details for 278 Bungower Rd, Moorooduc

Building Type
Rural
Land Size
278606m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS713171

Last Listing description (April 2020)

Wallangarra at 278 Bungower Road, Moorooduc offers a unique opportunity to purchase prime pastoral land on the Mornington Peninsula.

Comprising 27.86 ha (70 acres approx.) of pasture improved, land tax exempt and primary production grazing. This property has been successfully used to breed Thoroughbred racehorses.


Specifically designed for horses, with good laneways, superb shelter trees and excellent fences (post and rail, cyclone mesh and electric), the holding is offered as a going farming business.

The property has 13 paddocks (varying sizes) with three of the larger paddocks and one of the lesser sized paddocks providing three sided, roofed shelters.

All paddocks are supplied with water from the main, large dam (three dams in total) stocked by a perennial deep water bore. Horse and cattle yards complete the external livestock enclosures.

Ample shedding is sited on the property. There is a three bay machinery shed and a fully equipped large barn (housing two loose boxes, a mare crush and foal box). Within the barn complex (powered by 3 phase electricity), is the managers facility and office including WC. Installed is a solar HWS and panels, and a 22,500 litre water tank (there is a further 1,000 litre portable water tank on site).

The dual level managers facility and office includes, a comfortable reception area and a Thoroughbred display and marketing space on the upper floor.

278 Bungower Road, Moorooduc (adjacent to Peninsula Link) being the land in Certificate of Title Volume 11627 Folio 032, known as Wallangarra offers the astute purchaser a unique opportunity to own a magnificent pastoral holding and going business.

Features:
13 Paddocks
3 bay steel Machinery shed
Managers facilities, office and WC
Fully equipped Barn/Stable including two loose boxes, Mare crush and foal box
Solar hot water service and solar panels
22,500 litre water tank
Electric fence system
1000 litre portable water tank
Horse and cattle yards
Kubota 54 HP tractor, Topper and Harrows
3 Dams - main dam aerated and reticulated to all paddocks
Deep water bore

Property History for 278 Bungower Rd, Moorooduc, VIC 3933

A timeline of how this property has performed in the market
Last Sold
$3,600,000
20 Oct 2020
  • 20 Oct 2020
    Sold for $3,600,000
  • 24 Mar 2020
    Listed for Sale Contact Agent
  • 23 May 2018
    Listed for Sale Not Disclosed
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About Moorooduc 3933

The size of Moorooduc is approximately 43.0 square kilometres. There are 4 parks, covering nearly 1.8% of the total area. The population of Moorooduc in 2016 was 1098 people. By 2021 the population was 1004 showing a population decline of 8.6% in the area during that time. The predominant age group in Moorooduc is 50-59 years. Households in Moorooduc are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Moorooduc work in a managers occupation.In 2021, 83.20% of the homes in Moorooduc were owner-occupied compared with 88.90% in 2016.

Moorooduc has 476 properties. Over the last 5 years, Houses in Moorooduc have seen a -13.64% decrease in median value, while Units have seen a 34.39% increase. As at 30 April 2026:

  • The median value for Houses in Moorooduc is $1,967,083 while the median value for Units is $896,314.
There are currently 4 properties listed for sale, and no properties listed for rent in Moorooduc on OnTheHouse. According to Cotality's data, 11 properties were sold in the past 12 months in Moorooduc.

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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.