1131 Reservoir Road, Munro, VIC 3862 | Property Value & History | OnTheHouse
OFF MARKET

1131 Reservoir Road
Munro VIC 3862

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 5691200m2
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Property Details for 1131 Reservoir Rd, Munro

Building Type
Land
Land Size
5691200m2
Local Government
Wellington
Lot/Plan
2/PS635534

Last Listing description (September 2026)

EXPRESSION OF INTEREST BY SUBMISSION OF OFFER
CLOSING WEDNESDAY 14TH OCTOBER 2026 AT 5PM.

Set amidst the heart of Gippsland's renowned agricultural region, "Paringa" presents an outstanding opportunity to secure a highly productive and versatile 569.12 hectare (1,406.32 acre)* farming enterprise with extensive water security(280 ML groundwater entitlement), established irrigation infrastructure and exceptional potential.

Combining fertile river flats with productive Fernbank and Perry sandy loam soils, this impressive holding has been successfully utilised for Angus and Dairy Cattle breeding and finishing operations, alongside a year-round irrigated fodder production program. Its diverse soil profile, abundant water resources and large-scale infrastructure create the ideal platform for a broad range of high-performing agricultural pursuits.

Boasting significant irrigation capability, the property features approximately 257 acres under centre pivot irrigation and a further 25 acres under lateral spray irrigation, supported by secure water entitlements, two production bores and additional stock and domestic bores.

Property Highlights
- 569.12 hectares (1,406.32 acres)* of predominantly flat to gently undulating country
280 ML groundwater entitlement
- Extensive irrigation infrastructure with 257 acres under pivot irrigation and 25 acres under lateral irrigation
- Secure water resources including two production bores plus stock and domestic bores, and dams
- Three phase power extending to the centre of the property for pivots
- Reticulated stock water servicing all paddocks
- Quality infrastructure including cattle yards and shedding
- Comfortable four-bedroom brick veneer manager's residence
- Prime Central Gippsland location close to the Gippsland Lakes, Paynesville, Metung and major agricultural service centres
- A rare offering of scale, water security and production versatility, "Paringa" is a genuine Gippsland all-rounder, ideally positioned to capitalise on the growing demand for premium agricultural land and diverse farming enterprises.

Positioned within Wellington Shire's tightly held grazing, dairy and irrigation district, "Paringa" offers outstanding flexibility for a variety of enterprises, including intensive horticulture, dairy production, free-range livestock operations, turf farming and other value-add paddock-to-plate ventures.

For a Due Diligence Checklist go to: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 1131 Reservoir Rd, Munro, VIC 3862

A timeline of how this property has performed in the market
Last Sold
$3,250,000
07 Sep 2018
Listed for Rent
$2.90k/w
11 Sep 2023
  • 09 Sep 2026
    Listed for Sale EXPRESSION OF INTEREST
  • 11 Nov 2022
    Listed for Rent - Price not available
  • 08 Aug 2022
    Listed for Sale Contact Agent
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About Munro 3862

The size of Munro is approximately 121.8 square kilometres. There is 1 park, covering nearly 0.1% of the total area. The population of Munro in 2016 was 143 people. By 2021 the population was 167 showing a population growth of 16.8% in the area during that time. The predominant age group in Munro is 60-69 years. Households in Munro are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Munro work in a managers occupation.In 2021, 92.70% of the homes in Munro were owner-occupied compared with 92.00% in 2016.

Munro has 118 properties. Over the last 5 years, Houses in Munro have seen a 7.22% increase in median value. As at 31 August 2026:

  • The median value for Houses in Munro is $636,173 while the median value for Units is $278,187.
There are currently 3 properties listed for sale, and no properties listed for rent in Munro on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Munro.

Suburb Insights for Munro 3862

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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.