7600 Murray Valley Highway, Tongala, VIC 3621 | Property Value & History | OnTheHouse
OFF MARKET

7600 Murray Valley Highway
Tongala VIC 3621

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 11483400m2
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Property Details for 7600 Murray Valley Hwy, Tongala

Building Type
Rural
Land Size
11483400m2
Local Government
Campaspe
Lot/Plan
PC371482

Last Listing description (September 2026)

JLL are pleased to present for sale Koraleigh Park (the Aggregation), a high-quality mixed farming platform located in Victorias highly regarded Goulburn Valley district. Approximately 19* kilometres from Echuca.The Property comprises 1,148.34* hectares and features a balanced mix of irrigated (430*hectares) and dryland (663*hectares) cropping, complemented by an 800-head containment feedlot. Significant CapEx completed in recent years focused on irrigation development and operational infrastructure, inclusive of large-scale shedding and 1,000*t grain storage capacity. Koraleigh Park is further complemented by a modern, double-storey, four bedroom, two bathroom homestead within established garden, and enclosed heated swimming pool. Koraleigh Park is being offered for sale by Expression of Interest closing 4pm (AEDT) Thursday 15 October 2026. To obtain further information or to discuss the opportunity, please do not hesitate to contact the appointed agents. Premium Goulburn Valley Location : Koraleigh Park is located in Victorias Goulburn Valley, an area widely considered the nations food bowl and one of the more diverse production regions, and a direct freight route to Melbourne (< 3hr). Excellent Scale & Configuration: A combined total land area of 1,148.34* hectares (2,837.61* acres) across three contingent holdings, providing excellent economies of scale and property access via several road frontages, including the Murray Valley Highway. Outstanding Operational Infrastructure: Koraleigh Park is supported by a comprehensive range of high-quality infrastructure, including modern large-scale shedding, considerable grain storage capacity (c. 1,000t of grain storage), livestock handling facilities and a large containment feedlot (beef). Secure Water & Rainfall Profile : Significant capex program completed in last five years focused on developing a diverse mix of irrigation infrastructure, including three centre pivots totalling 160* hectares, as well as pipe & riser and flood irrigation. Premier Irrigation District : Underpinned by reliable access to the Goulburn-Murray Water Irrigation Scheme, the Goulburn Valley is an area with a long-established reputation for varying irrigation enterprises, including cropping, grazing, dairying and horticulture. Versatile Production Capabilities: The Aggregation comprises a range of infrastructure well-suited to both irrigated/dryland cropping and grazing pursuits, providing income diversification and resilience against single-commodity price volatility. Well-Appointed Homestead: Koraleigh Park is anchored by a modern double-storey homestead (c. 2008) with four bedrooms, two bathrooms, and an enclosed heated swimming pool, all set within a well-established garden setting. Significant Value-Add Potential: 663* hectares (58%) of the holding remain under dryland cropping, with clear potential for additional irrigation development or enterprise conversion more broadly, both of which provide tangible scope for value creation. *Approx.

Property History for 7600 Murray Valley Hwy, Tongala, VIC 3621

A timeline of how this property has performed in the market
Last Sold
$6,950,000
23 Sep 2021
  • 07 Sep 2026
    Listed for Sale Contact Agent
  • 23 Sep 2021
    Sold for $6,950,000
  • 10 Dec 2018
    Listed for Sale Contact Agent
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About Tongala 3621

The size of Tongala is approximately 112.1 square kilometres. The population of Tongala in 2016 was 1926 people. By 2021 the population was 1973 showing a population growth of 2.4% in the area during that time. The predominant age group in Tongala is 10-19 years. Households in Tongala are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tongala work in a labourer occupation.In 2021, 73.20% of the homes in Tongala were owner-occupied compared with 73.70% in 2016.

Tongala has 1,026 properties. Over the last 5 years, Houses in Tongala have seen a 64.29% increase in median value, while Units have seen a 77.92% increase. As at 30 September 2026:

  • The median value for Houses in Tongala is $446,167 while the median value for Units is $318,171.
  • Houses have a median rent of $250.
There are currently 12 properties listed for sale, and no properties listed for rent in Tongala on OnTheHouse. According to Cotality's data, 46 properties were sold in the past 12 months in Tongala.

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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.