Mid-sized Farms For Sale Gippsland Experience Strong Price Growth

Farms For Sale Gippsland: Farmbuy.com Buyers’ Guide

The median price per hectare of farmland in Gippsland fell by five per cent in 2020 to $10,450 per hectare, following a decline of 5.9 per cent in 2019, principally driven by an increase in sales of larger parcels which sell for a lower price per ha, according to the latest Rural Bank Farmland Values Report.

The municipality of Wellington accounted for most of the increase in larger parcel transactions, dragging its five-year compound annual growth rate (CAGR) to -0.4 per cent. In contrast, the municipalities of Bass Coast (+10.6 per cent CAGR) and South Gippsland (+5.5 per cent CAGR) recorded strong growth in median price per hectare.

In 2020, the volume of transactions increased by 24.3 per cent to 302, rebounding from a decrease of 25.7 per cent in 2019, the report found. Transaction volume for most municipalities rebounded. Wellington and Latrobe recorded an increase of 33 and 13 transactions respectively. In contrast, East Gippsland and Cardinia remained tightly held.

Rural Bank reports transaction volume increased across all price ranges in 2020, except for $16,000-20,000/ha which remained identical to 2019.

“The most significant increase in volume was for parcels priced between $8,000-12,000/ha, 66.7 per cent higher. This was particularly evident in the Wellington and Latrobe municipalities,” the report notes.

The volume of transactions priced between $0-4,000/ha and greater than $20,000/ha also increased by 34.2 per cent and 36.8 per cent respectively.

“A significant increase in the total share of transaction volume from Wellington, which attracts a lower price per hectare compared to other municipalities, contributed to the decline in median price per hectare for the Gippsland region as a whole in 2020, despite strong growth in price per hectare for multiple municipalities,” the report states.

Rural Bank says the median price per hectare declined for smaller parcels of land in 2020, although there was an increase in the median price per hectare for the medium-sized parcels 50-70ha and 70-90ha.

“Historically, parcels greater than 90ha have returned the highest compound annual growth rate, however, a decline in the median price per hectare in 2020 caused the 10-year CAGR to decline slightly,” it says.

“All parcel sizes experienced an increase in transaction volume in 2020. However, there was a significant increase in total transactions for parcels greater than 90ha which characteristically attract a lower price per hectare, this contributed to the decrease in median price per hectare for the region in 2020.”

Notably, the region experienced strong house price growth through 2021 and into 2022, according to research by Knight Frank.

House prices in the La Trobe local government area (LGA) were up 24.8 per cent year-on-year in 2021 compared with growth of 21.2 per cent across all major regional areas of the state.

With this in mind, farmbuy.com has curated our favourite farms for sale Gippsland. Check them out below – or click on the following link to check out more than 110 farms for sale Gippsland VIC.

Farms For Sale Gippsland: 180 McLachlan Road, Heyfield

‘Whites’ is a large-scale irrigated and dryland dairy operation well suited for beef and horticultural opportunities.

Fronting the Macalister River, this 314.2-hectare farm for sale Gippsland comprises highly productive alluvial soils subdivided into 92 main paddocks with central laneway system.

Above: This farm for sale Gippsland comprises highly productive alluvial soils

A total of 1,678ML in water entitlements are available from a combination of low and high reliability sources, including the Macalister Irrigation District, groundwater and harvesting an off-waterway dam. The region averages annual rainfall of approximately 625 millimetres.

Storage is via 57ML lagoons and an 8ML recycle dam. Livestock water is sourced from the storage dam facility fed by a combination of river and bore water.

Above: This farm for sale Gippsland comes with substantial water resources sourced from the Macalister Irrigation District, groundwater and dams

Approximately 216ha is sown to annual and perennial ryegrass pastures with 52ha being native perennial grasses. Approximately 25ha is serviced by centre pivot irrigation; and around 194ha by flood/travelling irrigation.

Some 90ha is utilised for grazing, with the property claiming a herd carrying capacity of approximately 800 cows.

Above: This farm for sale Gippsland features a 50-unit rotary dairy with supporting workshop

Operational improvements include a 50-unit rotary dairy with supporting workshop; calf shed with yards and working race; storage shed; calf shedding; undercover steel cattle yards; machinery shed; and two hay sheds.

There’s also a main homestead comprising four bedrooms and two bathrooms; a four-bedroom/two-bathroom manager’s residence; and two three-bedroom workers’ cottages.

Click on the following link for more information on this farm for sale Gippsland.

Farms For Sale Gippsland: 26 Sibbald Lane, Stratford

‘Mowendee’ consists of 223 acres of undulating sandy loam country within 10 kilometres of the attractive Gippsland town of Stratford. It is undoubtedly one of the most desirable and attractive properties in the area, currently operating as a stud Boer goat grazing property.

Above: This farm for sale Gippsland is one of the most desirable and attractive properties in the area

This farm for sale has previously been utilised for various agricultural enterprises including grazing, cropping/lucerne, seed potatoes and vegetable production.

The property itself contains five small dams and the jewel itself, a magnificent 50-megalitre dam, licensed for irrigation and home to an array of wildlife. Fifteen well-fenced paddocks containing troughs are serviced by a central laneway, cattle yards, sheep yards and additional holding areas. Much of the property is sewn to improved pasture, with wildlife corridors, shelter belts and shade trees across the paddocks.

Above: This farm for sale Gippsland features a magnificent 50-megalitre dam

A four-bay machinery shed, complete with concrete flooring and maintenance pit, provides undercover storage for farm equipment and implements. Additional farm buildings include a hay shed, machinery shed and a shearing shed equipped with power, toilet and tank water.

Then main residence features a veranda skirting two sides and an adjoining BBQ area. The open kitchen, dining and lounge area is surrounded by windows to gaze across the garden. The spacious bedrooms contain double built-in robes. The house is fitted with a wood fireplace and two-way air conditioner to take on any seasonal demand.

Above: This farm for sale Gippsland boasts 15 well-fenced paddocks containing troughs and is serviced by a central laneway system

As a bonus, a granny flat is attached to the home with sleeping, kitchen and sitting area, separate toilet and shower area.

Tanks provide water supply, with the house buildings all set in a fenced area of easily maintainable lawn and trees.

Click on the following link for more information on this farm for sale Gippsland.

Farms For Sale Gippsland: 165 Phillips Road, Castle Creek

‘Rosari’ is a complete small farm in the Wodonga district a mere 10 minutes’ drive to the Wodonga CBD.

The 129-hectare (320-acre) property offers strong hill grazing country, currently utilised for sheep and cattle, with large areas of undulated pasture country and some areas of hill country.

Above: This 129-hectare farm for sale Gippsland offers strong hill grazing country

The fencing has been carefully planned and maintained over the current tenure to ensure easy management of stock, and has been subdivided into easy-to-rotate paddocks.

The pastures throughout are predominately native with some areas of improved pasture throughout and a good history of fertiliser. Water is considered reliable with a bore, multiple dams and rainwater tanks also in use.

Above: This farm for sale Gippsland includes a substantial three-stand wool shed with quality stock handling and loading facilities

Working improvements include a substantial three-stand wool shed with quality stock handling and loading facilities; multiple open-fronted sheds; cattle handling facilities; lock-up machinery shedding; 10.5KW solar system; water pump systems; and electric fence energiser.

The main residence features four bedrooms all with built-in robes, master ensuite, formal lounge and open-plan kitchen/living/dining with stone benches and quality features like double oven and dishwasher.

Above: This farm for sale Gippsland boasts an open-plan kitchen/living/dining and four bedrooms all with built-in robes

The central bathroom is generous in size and modern in looks. Air conditioning is provided by split system and evaporative cooling and the heating is via gas, split system, and wood combustion.

Click on the following link for more information on this farm for sale Gippsland.

Farms For Sale Gippsland: 1021 Warby Range Road, Wangaratta South

Situated in the picturesque foothills of the Warby-Ovens National Park, this stunning rendered brick house built is everything you’ve been searching for and more.

Just under 10 minutes’ drive to the heart of Wangaratta, you’ll enjoy all the comforts of modern living while basking in the tranquillity of 57 sprawling acres of prime farmland.

Above: This farm for sale Gippsland offers all the comforts of modern living while basking in the tranquillity of 57 acres of prime farmland

Surrounded by award-winning wineries, and the historic Glenrowan precinct, this property is perfectly positioned to explore the King Valley, Alpine snow fields and all that north-east Victoria has to offer. It’s also close to the Hume Freeway, and an easy two-hour commute to the Melbourne CBD.

Outside there’s 57 acres fenced into six paddocks, three spring-fed dams, a shed on a concrete slab with power, hot water and wood fire, heavy-duty cattle yards with vet crush, four troughs, and a 7m x 7m double-bay powered shed.

Above: This farm for sale Gippsland features an open-plan kitchen, living and dining area

Inside the home features kitchen with stone benchtops, breakfast bar, walk-in butler’s pantry, electric cooktop, pyrolytic oven and dishwasher.

An open-plan kitchen, living and dining with built-in cabinetry leads to the outdoor alfresco area with open wood fire, mounted TV, built-in BBQ, Corian benchtop, ceiling fans and roll-down blinds.

Above: This farm for sale Gippsland boasts a generous-sized master bedroom plus separate study with built-in desks and cabinetry

The generous-sized master bedroom boasts walk-in robe and ensuite with full-size bath, double shower, under-floor heating, double vanity and floor-to-ceiling tiling. The other four bedrooms come with built-in robes and ceiling fans.

What’s more, there’s a separate study with built-in desks and cabinetry; and a dedicated games/theatre room with split system heating and cooling.

Click on the following link for more information on this farm for sale Gippsland.

Farms For Sale Gippsland: Redbank Road, Stratford

This superb acreage for sale is located amongst small farm-lets on the eastern fringe of the Stratford township, which is experiencing phenomenal growth.

Above: This farm for sale Gippsland is set on the eastern fringe of the booming township of Stratford

Consisting of 106 acres across six titles and nine allotments with three road frontages, this farm for sale Gippsland offers well-drained, undulating country with magnificent views south down across the Avon River and its fertile flats, and out to the north to the distant mountains of the Great Dividing Range.

The farming zoned property also offers a first-class set of cattle yards, excellent fencing, five paddocks with numerous stock dams, shelter belts and remnant red gum trees.

Above: This farm for sale Gippsland offers well-drained, undulating country with magnificent views south down across the Avon River 

This property is located just four minutes’ drive from the Stratford railway station which runs three-four trains daily to Melbourne.

A perfect place to build in the gateway to the Gippsland Lakes!

Click on the following link for more information on this farm for sale Gippsland.