220 Loddon West Road, Borung VIC 3518
220 Loddon West Road, Borung VIC 3518
4 bed period home | 165 ha red loam | 160 ha canola sown | 2 water shares | 200-tonne grain storage
The property’s core strength lies in its immediate income potential; 160 hectares already in canola and 200 tonnes of vertical grain storage mean a buyer steps into a revenue-ready farming operation rather than a bare block. The Victorian weatherboard house with ducted heating and cooling, plus the separate one-bedroom cottage, offer genuine flexibility for a working family or a manager and tenant arrangement. The lasered land and two water delivery shares reduce production risk significantly for this district. This property suits a farmer seeking scale without rebuilding infrastructure, or an investor wanting a turnkey rural holding with a strong house.
The main risk is the single bathroom in a four-bedroom house, which may limit family appeal or resale depth. The property’s boundary ambiguity between Fernihurst and Borung could affect school catchment or council service perceptions, though no heritage overlays are a clear positive. The 66,000-litre liquid fertiliser tank and all-weather shed base are commercial-grade assets that reduce setup costs for a new operator. Hold this as a core farming block; the canola crop and water entitlements provide cash flow while the house and cottage support on-site management without compromise.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 220 Loddon West Road, Borung VIC 3518
Market Insight:
Borung presents as a niche, low-volume market defined by its scarcity. With just one house sold annually and a population of 59, demand is driven by a modest cohort of local buyers earning a medium household income. The median house price sits at $590,000, supported by a gross rental yield of 5.34%, indicating steady tenant demand relative to value. The absence of growth data and infrastructure details suggests a static market with limited external pressure. Future conditions hinge on local economic stability, while the primary constraint is the extreme lack of supply and transactional liquidity, which caps both opportunity and risk.