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Overview
This expansive 64.95-hectare property presents a notable opportunity for those interested in mixed farming and agricultural pursuits. Situated on traditional Derby red loam soil, the land is divided into three paddocks and benefits from reliable water sources via two dams, supporting diverse agricultural activities.
About 70% of the land is arable, making it well suited for a variety of farming applications. The property includes substantial improvements such as a 20m by 10m zinc alum shed with an earth floor, ideal for storage or machinery shelter. Additionally, there are steel cattle yards and fully stock-proof fencing throughout, indicative of a secure and operational pastoral setup.
The land's fertilizer history is considered fair, supporting sustained soil health and productivity. This robust combination of features creates a practical and flexible environment for farming, livestock rearing, or other rural enterprises.
Given these characteristics, the property is likely to appeal to serious agricultural operators or investors seeking a managed rural asset with established infrastructure and fertile land. Its location in Derby further enhances its rural charm and accessibility.
Local Market Insights
In Derby, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $170,000. The property type mix of listed properties is predominantly Houses at 64%, followed by land (18%), and units (9%). The only agency with for land listings currently monitored in the Derby area is Ray White. 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
Market Insights for Derby VIC 3377
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