Back Lot 1 Old Mt Gambier Road
Off Market

Lot 1 Old Mt Gambier Road

Casterton VIC 3311

10.2 ac.
Rural
Sarah WiddicombeSarah Widdicombe, last sold this property on 08 May 2026 after 21 days on market.

Overview

Set on approximately 10.2 hectares (25.2 acres), this well-positioned parcel offers a fantastic opportunity for those seeking quality farming land just moments from Casterton. Currently fenced into four paddocks and featuring two dams along with a creek running through the rear, the property provides a reliable water supply and is well-suited to a range of agricultural pursuits. The land itself is undulating with rich, fertile soils and picturesque red gum surrounds, creating an appealing and productive setting. With dual access via Old Mount Gambier Road at the front and Springbank Road at the rear, along with bitumen road frontage, accessibility is a key feature. The property is currently leased, offering immediate income potential. Whether you're looking to expand your farming portfolio, secure a handy block close to town, or simply enjoy a private space to camp and unwind, this is a versatile and appealing holding in a tightly held location.

Features

10.2 ac. lot size
Rural

Estimated Value

Based on this property and similar rurals sold in Casterton over the last 12 months, the estimated median property value of Lot 1 Old Mt Gambier Road is $630k.

Median value
$630k
Estimated value range
$170k - $6.4m
Median days on market
29
Estimated value trend
80%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Casterton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Lot 1 Old Mt Gambier Road

2026
Sold
Undisclosed
08 May 2026 by Sarah Widdicombe, of Nutrien Harcourts Casterton

Happy sellers in Casterton

87%
87% of sellers in Casterton reported that their sale price either exceeded or met their price expectations.

Casterton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Casterton over the last 12 months.

Local market activity for rurals in Casterton

In the last 12 months, 3 rurals similar to Lot 1 Old Mt Gambier Road, have been sold.

This represents a 300% decrease in rurals sales when compared to the previous 12 months.

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