383 Tunnel Gap Road, Mudgegonga, VIC 3737 | Property Value & History | OnTheHouse
OFF MARKET

383 Tunnel Gap Road
Mudgegonga VIC 3737

Bedrooms: 3
Bathrooms: 1
Car spaces: 8
Floor area: 209m2
Land area: 137323m2
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Property Details for 383 Tunnel Gap Rd, Mudgegonga

Building Type
Rural
Year Built
1970
Floor Size
209m2
Land Size
137323m2
Local Government
Indigo
Lot/Plan
2/PS420757

Last Listing description (February 2025)

EXPRESSIONS OF INTEREST - Closing Friday 11/10/2024 at 5pm

AREA
14ha - 35 acres

ASHLAR LOCATION
Centrally located in North East Victoria with historic Yackandandah 20kms, Kiewa Valley- Dederang 16kms, Ovens Valley-Myrtleford 15kms, Albury/Wodonga 48kms (40minutes) away.

ASHLAR Main residence
A weatherboard clad residence in excellent condition. Three (3) bedrooms with built-in robes. The home has been fully refurbished throughout. Boasting a hostess kitchen with island bench, an abundance of cupboards, drawers and pantry area plus electric appliances. This beautiful kitchen is the central point of the open plan living which includes living area, meals area and lounge room all with uninterrupted panoramas to Mt Buffalo and forefront valleys. Fully renovated family bathroom. Well-appointed laundry. Front veranda/alfresco area offers quality outdoor living with beautiful shaded features.

Extra Accommodation: A very spacious one (1) bedroom apartment with ensuite is adjacent to the main residence with access via a carport adjoining the main residence. A bright apartment studio with large windows opening to lawns, garden and surrounds.
Note: readily available as casual accommodation, Bed and Breakfast or farm stay.

ASHLAR GARDEN AND SURROUNDS
Most attractive long-established gardens comprising of sloping lawns, mature shade trees (claret ash, desert ash, native trees and exotic shrubs). Low maintenance garden beds and garden features. Ashlar residence is set back 150 meters from main road and is entered by established tree line driveway. Quite special!

ASHLAR IMPROVEMENTS
Working improvements divide into two categories being those built as general farm shedding and those built to assist in an equestrian oriented enterprise. Some modern shedding will adapt to any requirements. Improvements include.
An open front three (3) bay machinery shed with concrete floor and power connected. A high entry to allow for machinery, truck storage plus workshop area. An excellent
shed!
A former cement block dairy converted to looseboxes and workshop. Readily convert to excellent storage.
Stables X 2 with tack room and storage/feed room
Undercover sheep yards
Horse shelters plus smaller ancillary farm shedding

ASHLAR WATER
Water is an absolute feature with catchment dams including spring fed dam. All above the home & improvements area and reticulating to troughs and the garden. In addition, a large dam adjacent to the home area services the garden area. Rainwater catchment tanks service the needs of the residence.

ASHLAR LAND
Ashlar offers a north easterly aspect and is described as a small area of lower hill with the majority of the property described as flat terrain. The soils are loam and decomposed granite type. The whole area is pasture improved with a sound fertiliser history.

ASHLAR FENCING SUBDIVISION.
The property is subdivided into eight (8) individual paddocks with substantial fencing (part electrified).

ASHLAR ACCESS, SCHOOLING, RECREATION
Full frontage to the sealed Tunnel Gap Road
School bus at gate to Myrtleford primary and secondary schools
School bus to Myrtleford Yackandandah Road to all schools. Albury Wodonga
Universities Albury NSW & Wodonga Victoria
Community sporting clubs at both Myrtleford and Yackandandah
History, local rural activities, snow fields, Mt Hotham and Falls Creek 70kms

AGENT REMARKS
A smaller farming property located central to most attractive area of North East Victoria offering a balance of opportunities in both rural enterprises and hospitality. Great combination of a quality home with extra accommodation, attractive surrounds and productivity.

Property History for 383 Tunnel Gap Rd, Mudgegonga, VIC 3737

A timeline of how this property has performed in the market
Last Sold
$480,000
18 Dec 2017
Listed for Rent
$480/w
23 Nov 2013
  • 06 Sep 2024
    Listed for Sale Not Disclosed
  • 18 Dec 2017
    Sold for $480,000
  • 18 Nov 2016
    Listed for Sale $585,000
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About Mudgegonga 3737

The size of Mudgegonga is approximately 160.9 square kilometres. It has 3 parks covering nearly 12.2% of total area. The population of Mudgegonga in 2016 was 172 people. By 2021 the population was 184 showing a population growth of 7.0% in the area during that time. The predominant age group in Mudgegonga is 60-69 years. Households in Mudgegonga are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mudgegonga work in a managers occupation.In 2021, 92.10% of the homes in Mudgegonga were owner-occupied compared with 89.30% in 2016.

Mudgegonga has 139 properties. Over the last 5 years, Houses in Mudgegonga have seen a 50.89% increase in median value. As at 30 November 2025:

  • The median value for Houses in Mudgegonga is $1,130,321 while the median value for Units is $1,030,529.
There are currently 2 properties listed for sale, and no properties listed for rent in Mudgegonga on OnTheHouse. According to Cotality's data, 1 property were sold in the past 12 months in Mudgegonga.

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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.