315 Fidge Road, Undera, VIC 3629 sold on 11 September 2025 | OnTheHouse
SOLD
Sold on 11 Sep 2025 for $4,200,000

315 Fidge Road
Undera VIC 3629

Bedrooms: 4
Bathrooms: -
Car spaces: -
Land area: 1264341m2
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Property Details for 315 Fidge Rd, Undera

Building Type
Rural
Land Size
1264341m2
Local Government
Greater Shepparton
Lot/Plan
2/PS530507

Last Listing description (January 2018)

CBRE Agribusiness is pleased to present for sale Petabern Dairies, one of Australia's most productive dairy farms.
Comprising a 609* hectare aggregation of three properties, the individual properties are described as follows:
- 315 Fidge Road, Undera (Home Farm/Milking Platform): a 361* hectare

landholding, comprising 258* hectares of flood irrigation and 103* hectares of dryland cropping and grazing land and balance areas.
- 385 Park Road, Undera (Irrigated Fodder Farm): a 202* hectare landholding, comprising 38* hectares of centre pivot irrigation, 102* hectares of fully automated flood irrigation and 62* hectares of dryland cropping and balance areas.
- 1856 Davies Road, St Germains (Dryland Fodder Farm): A 46* hectare
landholding currently utilised for dryland cropping.
Key investment highlights include:
- An opportunity to acquire an institutional grade dairy operation, currently milking approximately 950 cows and producing over seven* million litres of milk annually.
- Secure and reliable water availability, including an 809* megalitre Goulburn Murray High Reliability Water Entitlement, a 550* megalitre Groundwater Entitlement, a 403* megalitre Goulburn Murray Low Reliability Water Entitlement and drainage diversion licences allowing water to be harvested during both low and high flow events.
- Outstanding water storage capacity, including a 300* megalitre turkey nest and a 30* megalitre storage / recycle dam located on the Home Farm, as well a 25* megalitre storage / recycle dam located on the Irrigated Fodder Farm.
- Excellent structural improvements, including an undercover 1,000* cow feed shed, 50-unit rotary dairy, modern calf shed, main homestead, four additional dwellings and numerous machinery / hay sheds.
- Located close to processing facilities including Tatura Milk in Tatura, Pactum Dairy Group in Shepparton, Kyvalley Dairy in Kyabram, Fonterra in Stanhope and Murray Goulburn in Rochester and Cobram. Petabern Dairies is also able to supply Parmalat, Lion and Specialty Cheese Producers.
- Numerous future growth opportunities, including further development of dryland areas to irrigation, as well as acquisition of neighbouring properties to increase scale.
- Available on a 'Walk In Walk Out' basis, inclusive of livestock, plant and equipment and feed on hand.

*approximately

Property History for 315 Fidge Rd, Undera, VIC 3629

A timeline of how this property has performed in the market
Last Sold
$4,200,000
11 Sep 2025
  • 11 Sep 2025
    Sold for $4,200,000
  • 09 Apr 2017
    Listed for Sale By Expression of Interest
  • 21 Dec 1989
    Sold for $540,000
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About Undera 3629

The size of Undera is approximately 136.6 square kilometres. It has 2 parks covering nearly 13.3% of total area. The population of Undera in 2016 was 442 people. By 2021 the population was 450 showing a population growth of 1.8% in the area during that time. The predominant age group in Undera is 50-59 years. Households in Undera are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Undera work in a managers occupation.In 2021, 73.80% of the homes in Undera were owner-occupied compared with 66.00% in 2016.

Undera has 288 properties. Over the last 5 years, Houses in Undera have seen a 16.89% increase in median value, while Units have seen a 497.70% increase. As at 31 December 2025:

  • The median value for Houses in Undera is $529,158 while the median value for Units is $526,462.
There are currently no properties listed for sale, and no properties listed for rent in Undera on OnTheHouse. According to Cotality's data, 10 properties were sold in the past 12 months in Undera.

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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.