Ray White Rural Ballarat successfully sold 84.46 Acres (34.18Ha) at 255 Mollongghip-Dean Road, Dean by tender on Friday 23rd May, 2013 for what is believed to be a record price for the district.
Enjoying the same family ownership for in excess of 95 years, the sale of this productive irrigation allotment represented a once in a generational opportunity to secure land in the tightly held and highly regarded potato production area of Dean.
Ray White Rural Ballarat Manager Josh Todd said the property had been submitted to the market twice previously by other agents without success and he had marketed the property widely in the Weekly Times, local print media and digitally across many websites which resulted in numerous tenders being received.
Incorporating rich chocolate volcanic soils, a 66 mega litre pumping licence from Birch Creek and three large irrigation dams the property has been sown to Lucerne for the past 7 years and was now fresh and ripe for more intensive agricultural pursuits such as potatoes, pyrethrum, fodder production or fattening.
Australian property prices continue to demonstrate resilience with modest monthly growth across February 2025. House prices recorded a 0.2 per cent monthly increase, bringing the national mean to $909,617, while unit values rose by 0.2 per cent to reach $675,820. The market’s steady performance reflects ongoing supply constraints balancing against … Read more
This festive season, Ray White will continue its successful charity drive ‘A Little Ray of Giving’ for the thirteenth year running. This holiday campaign is a tradition for the brand, and serves as an opportunity for hundreds of local branches to connect with their communities while raising awareness and much-needed … Read more