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Overview
Situated on 40 hectares of fertile land in the prized agricultural region of Victoria, 431 Morningside Road offers a rare opportunity for those interested in rural living or commercial farming ventures. The property boasts an appealing 380 metres of frontage along the Goulburn River, one of Victoria's major inland waterways, providing abundant water resources crucial for various agricultural uses.
The landscape is a harmonious blend of open fields composed of light brown clay-loam and sandy loam flats, alongside select timbered areas adorned with iconic river gums. This diverse terrain supports a wide range of agricultural activities, including cattle rearing, cropping, or even establishing a lifestyle homestead with tranquil fishing spots along the river.
Fully fenced and featuring easy access to major transport routes, the property lies just five minutes from the Goulburn Valley Freeway and within an hour and a half drive to Melbourne CBD, offering connectivity alongside rural serenity. The nearby areas are rich with vineyards, horse studs, and cattle farms, highlighting the region’s established reputation in farming excellence.
Additionally, the prospect of expanding with an adjoining 70-acre block and negotiation for water licenses further enhances the property's versatility and production potential. This estate presents a perfect blank canvas for anyone looking to build a tailored rural lifestyle or an operational agricultural business in a well-regarded farming district.
Local Market Insights
In Wahring, Quiet Listings observed 17 new parcels of land entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $460,882. The property type mix of listed properties is predominantly Land at 52%, followed by houses (36%), and units (6%). Gaehl Real Estate was the most active agency in this area, representing 63.6% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Wahring VIC 3608
Market Insights for Wahring VIC 3608
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
