With prices on super lots on the increase in the City Of Melton this large acreage is the ideal for the small farmers work station and still being only 40kms (approx) to the CBD. This Farmlet would make a great thoroughbred station, Harness training facilty or it is ideal for grazing livestock, cattle, sheep or produce manufacturing. Being a well positioned property this is also a Land Bank Opportunty making this an ideal long term investment.
Comprising of a 4 bedroom brick veneer home with open living, large open kitchen, 2 bathrooms and double garage. A well built home that would be ready for vacant posession.
External farm style shedding and seperately fenced paddocks for livestock.
The size of Toolern Vale is approximately 96.4 square kilometres. There is 1 park, covering nearly 6.7% of the total area. The population of Toolern Vale in 2016 was 724 people. By 2021 the population was 818 showing a population growth of 13.0% in the area during that time. The predominant age group in Toolern Vale is 60-69 years. Households in Toolern Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toolern Vale work in a trades occupation.In 2021, 86.10% of the homes in Toolern Vale were owner-occupied compared with 87.00% in 2016.
Toolern Vale has 398 properties. Over the last 5 years, Houses in Toolern Vale have seen a 26.33% increase in median value. As at 31 May 2026:
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