1111 Melrose RoadPrincetown VIC 3269
Property Details for 1111 Melrose Rd, Princetown
Last Listing description (November 2016)
386 Acres - 156.21 Hectares
A very neat, well managed, high producing property. Milking 375 Friesian cows and running 70 calves, replacement yearling heifers not on farm. Excellent production of 7500 litres per cow with inputs of 1.6 tonne grain per cow has been achieved on the farm. Milk solids production has been in excess of 1000kg/ha.
A reflection of the quality pastures grown on the 51 main paddocks and the excellent cow friendly layout of the farm. Lucerne is also grown on the farm, achieving excellent results.
A very well equipped 26 aside s/o dairy, includes 3 loop milk line, 8000 litre Packo vat with auto wash, auto feed system, roller mill, mineral dispenser, 60 tonne and 7 tonne silos. 450 cow yard with recycled flood wash.
Excellent shedding, new 100x50 hayshed incorporating 30x50 calf rearing with under floor drainage, pellet silo. 50x50 machinery shed. Lockup workshop, concrete floor, power.
Well appointed 3 bedroom home including kitchen/dining, lounge, office, spacious bathroom with spa. Family room, lots of natural light. Reverse cycle split system a/c, slow combustion heater. Well located on farm, large garden area, sea views,
Superb north facing farm, naturally sheltered rolling contour, well established native shelter belts. Boasting an excellent balance of soil types from well structured free draining red & grey loams to heavier loams on lower areas. Approx 100 acres of farm has under ground drainage. Rainfall approx 40 annual ave. Very good rainfall spread, close proximity to coast.
15 minutes from Simpson, 65km from Colac. Primary and Secondary school buses past the gate.
Property History for 1111 Melrose Rd, Princetown, VIC 3269
- 03 Nov 2015Sold for $1,500,000
- 01 Jun 2015Listed for Sale $5,500 Per Acre
- 10 Mar 2011Listed for Sale $5,500 PER ACRE
About Princetown 3269
The size of Princetown is approximately 119.9 square kilometres. There are 3 parks, covering nearly 28.0% of the total area. The population of Princetown in 2016 was 241 people. By 2021 the population was 236 showing a population decline of 2.1% in the area during that time. The predominant age group in Princetown is 50-59 years. Households in Princetown are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Princetown work in a managers occupation.In 2021, 76.30% of the homes in Princetown were owner-occupied compared with 66.60% in 2016.
Princetown has 156 properties. Over the last 5 years, Houses in Princetown have seen a 41.52% increase in median value, while Units have seen a 37.21% increase. As at 31 May 2026:
- The median value for Houses in Princetown is $808,212 while the median value for Units is $641,784.
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