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110 Reillys Pit Road, Wunghnu VIC 3635

$599,000

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$599k - $629k Transparent Transparent Listing Based on an openly advertised listing price.

Land 160 Beds 16 acres

Listed: 42 days ago

Updated: 19 days ago

Overview

Positioned in a tranquil rural setting, this expansive approximately 160-acre cropping outblock offers substantial agricultural potential just minutes from neighboring townships. Currently cultivated with 40 hectares of barley and an additional 20 hectares of a barley and vetch mix, the land provides versatile cropping opportunities.

Nearly half of the property benefits from irrigation via a diversion drain, supported by a drainage licence and an operational diesel motor pump, facilitating enhanced crop growth and land management. The presence of two dams, a hay shed, and modest cattle yards further augment the site's utility for mixed farming or grazing enterprises.

New boundary fencing secures two sides of the property, underscoring sound maintenance efforts and operational readiness. The location is well-situated approximately 12 minutes from Numurkah and 27 minutes from Shepparton, offering accessibility to essential services and markets while retaining seclusion.

This practical outblock appeals primarily to farming professionals or investors seeking an irrigated cropping or grazing landholding with established infrastructure. Its scale and features promote efficient large-scale agricultural use while providing scope for further land development or diversification.

Local Market Insights

In Shepparton, Quiet Listings observed 72 new parcels of land entering the market over the last 30 days, up from 43 during the previous 30-day period, with an average advertised asking price of $370,264. The property type mix of listed properties is predominantly Houses at 74%, followed by land (18%), and units (3%). The most active agency for land in the Shepparton area is currently Ray White, representing 40% of new listings, followed by Gagliardi Scott Real Estate with 11%. 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.