Located on the highly regarded southern fringe of Yarrawonga, "Wallace's" comprises approximately 312 acres (126 hectares) of fertile and productive soils renowned for their consistent cereal crop performance.
Held in the same family ownership for an impressive circa 95 years, this well-regarded rural holding has a proven history of both prime lamb production, running breeding ewes, and more recently as a highly productive cropping block. Over the past 15 years, the property has been expertly managed with a strong focus on soil health and long-term fertility.
Cropping practices have included regular applications of MAP fertiliser, together with lime and gypsum, ensuring balanced soils and sustained productivity. The result is a versatile and reliable asset well suited to modern mixed-farming or intensive cropping systems.
"Wallace's" presents as an outstanding add-on block to an existing farming operation, or an ideal entry-level opportunity for those seeking to establish or expand a rural enterprise in a tightly held and highly productive district.
AUCTION VENUE: Yarrawonga Mulwala Cricket Club, Corner of Woods Road and Dunlop Street, Yarrawonga.
The size of Yarrawonga is approximately 95.9 square kilometres. It has 10 parks covering nearly 1.6% of total area. The population of Yarrawonga in 2016 was 7930 people. By 2021 the population was 8661 showing a population growth of 9.2% in the area during that time. The predominant age group in Yarrawonga is 60-69 years. Households in Yarrawonga are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yarrawonga work in a trades occupation.In 2021, 73.70% of the homes in Yarrawonga were owner-occupied compared with 69.80% in 2016.
Yarrawonga has 7,155 properties. Over the last 5 years, Houses in Yarrawonga have seen a 25.75% increase in median value, while Units have seen a 38.98% increase. As at 31 March 2026:
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