Picki Logo
LoginSign Up
Lot 2 Jumbuk Road
33 days on Market

Lot 2 Jumbuk Road,
Yinnar, Vic

livestock
124400m²
First listed on 23/06/2025

Property Overview

0 Beds
0 Baths
0 Cars
Asking Price

$365K

Listed
Cash Required

$64,247

10% Deposit
Calculating Appraised Value
Agent
Listing
https://www.realestate.com.au/700213107

Government Overlay Information

Victoria Planning Maps

* For highest accuracy please enquire with Council and/or google "Latrobe bushfire/flood hazard interactive mapping"

Property ScoresCashflowLocationEmploymentProjectsLifestylePopulationSupplyTimingOther Properties

About the property

This prime 30-acre farmland in Latrobe Valley offers a rare opportunity for investment or agricultural pursuits. Used as a horse agistment business, it generates immediate income and promises diverse farming potential. Conveniently located near Yinnar, it provides quality pasture, large paddocks, and essential utilities like town water. With tax exemptions and access to town amenities, this property is priced to sell, promising both tranquility and opportunity.

  • Verify the boundaries of the 30-acre property.
  • Inspect the condition and maintenance of paddocks and fences.
  • Check the condition of the water supply systems and ensure they reach all paddocks.
  • Evaluate the storage container shed for structural integrity and usability.
  • Inspect natural riding areas and cross-country jumps if relevant.
  • Assess the access roads and any potential impact of seasonal weather on accessibility.
  • Review land topography concerning potential water drainage and non-flood zones.
  • Confirm the quality of pasture and the presence of native vegetation.
  • Determine if current agistment clients will remain post-sale.
  • Verify zoning compliance and understand any implications for future agricultural or residential use.

Location Opportunity

City of Latrobe statistics

Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.

77,318

2021 Population

37

Suburbs

Demand

Employment

Em

New project

Pr

lifestyle

Li

population

Po

Supply

New Supply

Su

Opportunity

Opportunity

Op

Em

Employment Industries

Health Care and Social Assistance - 16.00%

Retail Trade - 12.00%

Public Administration and Safety - 9.00%

Education and Training - 8.00%

Others - 55.00%

income growth

Average Income

Commute Time

52mins

28kms

Common Transport Methods
car79%
walk2%
bus1%

Pr

Spend Per Capita

$28,010

Unlock Recent Public Projects

Create a free account to access property investment insights.

Try Picki for FREE

Recent Projects

1

Australian Paper

Australian Papers 170 million upgrade to its Maryvale mill will increase production capacity and create new jobs

ManufacturingUnder construction
$170M
2

Nippon Dynawave Packaging

Nippon Dynawave Packagings 30 million expansion will increase production capacity and create new jobs in the region

ManufacturingConfirmed
$30M
3

Visy

Visys proposed 50 million expansion of its pulp and paper operations in Latrobe is currently under consideration

ManufacturingUnder consideration
$50M
4

AGL Energy

AGL Energy is upgrading the Loy Yang B Power Station to increase its efficiency and reduce emissions

Energy, Electricity, Gas & WaterUnder construction
$200M
5

Gippsland Water

Gippsland Water is undertaking a project to improve water security in the Latrobe Valley

Energy, Electricity, Gas & WaterConfirmed
$50M
6

Engie

Engie is considering a rehabilitation project for the Hazelwood Power Station

Energy, Electricity, Gas & WaterUnder consideration
$100M
7

AGL Energy

The Loy Yang Coal Mine is a brown coal mine located in the Latrobe Valley Victoria It is one of the largest coal mines in Australia and supplies coal to the Loy Yang Power Station

MiningConfirmed
$1000M
8

EnergyAustralia

The Yallourn Coal Mine is a brown coal mine located in the Latrobe Valley Victoria It supplies coal to the Yallourn Power Station

MiningConfirmed
$500M
9

Engie

The Hazelwood Coal Mine was a brown coal mine located in the Latrobe Valley Victoria It supplied coal to the Hazelwood Power Station which was closed in 2017

MiningComplete
$100M
10

Victorian Government

The Latrobe Regional Hospital Redevelopment project involves the construction of a new hospital building as well as upgrades to existing facilities

Community & Other servicesUnder construction
$217M
11

Latrobe City Council

The Moe Activity Centre Precinct Redevelopment project involves the revitalization of the Moe town centre including the construction of new community facilities and public spaces

Community & Other servicesConfirmed
$25M
12

Latrobe City Council

The Traralgon Sports Precinct Redevelopment project involves the upgrade of sports facilities including the construction of new stadiums and amenities

Community & Other servicesUnder consideration
$30M
13

Healthscope

The Traralgon Private Hospital Expansion project involves the construction of a new wing as well as upgrades to existing facilities The project aims to increase the hospitals capacity and improve healthcare services for the local community

HealthConfirmed
$30M
14

Latrobe City Council

A 10km extension of the Gippsland Rail Trail from Traralgon to Flynn promoting tourism and recreation in the region

Transport & StorageUnder construction
$25M
15

VicRoads

A major upgrade of the Latrobe Valley Highway improving safety and reducing congestion for motorists

Transport & StorageConfirmed
$120M
16

Gippsland Ports Committee of Management

A redevelopment of the Port of Sale enhancing its capacity to handle increased cargo and passenger traffic

Transport & StorageUnder consideration
$30M
17

Latrobe City Council

A 25 million project to revitalize the Morwell town centre including new shops restaurants and community facilities

Mixed useUnder construction
$25M
18

ISPT

A 30 million expansion of the Churchill Shopping Centre including new retail and dining options as well as a new cinema complex

Mixed useConfirmed
$30M
19

Latrobe City Council

A 20 million project to revitalize the Traralgon CBD including new public spaces shops and community facilities

Mixed useUnder consideration
$20M
20

Victorian Government

The Latrobe Valley Hospital Redevelopment project involves the construction of a new hospital and the refurbishment of existing facilities

Finance, Property & Business servicesUnder construction
$217M
21

Gippsland Logistics Precinct Pty Ltd

The Gippsland Logistics Precinct is a proposed logistics and industrial estate that will provide a range of facilities and services for businesses in the region

Finance, Property & Business servicesConfirmed
$50M
22

EnergyAustralia

The Morwell Cogeneration Project involves the construction of a new cogeneration power plant that will provide electricity and steam to the nearby paper mill

Finance, Property & Business servicesUnder consideration
$200M
23

Latrobe City Council

The Latrobe Valley Convention Centre is a proposed convention centre that will provide a range of facilities and services for conferences and events

Finance, Property & Business servicesUnder consideration
$30M
24

Latrobe City Council

A new hotel and conference centre in the heart of Traralgon providing accommodation and event spaces for visitors and locals alike

AccommodationUnder construction
$25M
25

Private Developer

A new hotel and apartment complex in Morwell providing accommodation and residential options for the growing local community

AccommodationConfirmed
$30M
26

Private Developer

A proposed serviced apartment complex in Traralgon providing shortterm accommodation options for visitors and workers

AccommodationUnder consideration
$20M
27

Hydrogen Victoria

A 100 million hydrogen production facility to be built in the Latrobe Valley creating 100 construction jobs and 50 ongoing jobs

TradeConfirmed
$100M
28

Engie

A 200 million upgrade to the Morwell Power Station creating 200 construction jobs and 100 ongoing jobs

TradeUnder Construction
$200M
29

Qube Holdings

A proposed 50 million logistics hub in the Latrobe Valley creating 50 construction jobs and 20 ongoing jobs

TradeUnder consideration
$50M
30

Telstra

Telstra is building a new regional communications network in the Latrobe Valley providing faster and more reliable internet and phone services to local residents and businesses

CommunicationUnder construction
$25M
31

Australian Government

The Australian Government is funding the Gippsland Mobile Black Spot Program to improve mobile phone coverage in the region including the Latrobe Valley

CommunicationConfirmed
$30M
32

NBN Co

NBN Co has completed the rollout of its fibre network in the Latrobe Valley providing fast and reliable internet services to local residents and businesses

CommunicationComplete
$40M
33

Fonterra Australia

Fonterra Australia is investing 30 million to expand its dairy operations in the Latrobe Valley creating 50 construction jobs and 100 ongoing jobs

Agriculture, Forestry & FishingUnder construction
$30M
34

Gippsland Aquaculture

Gippsland Aquaculture is investing 25 million to develop a fish farm in the Gippsland Lakes creating 30 construction jobs and 50 ongoing jobs

Agriculture, Forestry & FishingConfirmed
$25M
35

VicForests

VicForests is considering a 40 million investment to develop a forestry hub in the Latrobe Valley creating 100 construction jobs and 200 ongoing jobs

Agriculture, Forestry & FishingUnder consideration
$40M
36

Victorian Government

A new government hub in Morwell creating 200 ongoing jobs and 100 construction jobs

GovernmentUnder construction
$30M
37

Latrobe City Council

A new logistics precinct in Traralgon creating 100 ongoing jobs and 50 construction jobs

GovernmentConfirmed
$25M

Li

Local Services

1

Firmins Lane/Tramway Rd

Bus Stop

3km
2

Woolworths

Supermarket

4km
3

Woolworths

Supermarket

5km
4

Bunnings

Shopping Centre

4km
5

Bunnings

Shopping Centre

14km
6

Latrobe Valley Airport

Airport

8km
7

Maryvale Private Hospital

Hospital

7km
8

Latrobe Regional Hospital

Hospital

7km
9

Hazelwood North Primary School

School

1km
10

Churchill North Primary School

School

4km
11

Churchill Primary School

School

5km

Po

Population Growth

Average Population

Supply vs Population
Under Supply

Projected Population Growth

3.21%

total growth from 2025 to 2028

1.07% growth per year average

Projected population change:

+2,478

Su

Recent New Home Construction

1.54%

Unlock Recent New Home Construction

Create a free account to access property investment insights.

Try Picki for FREE

Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.

SALES PRICE GROWTH

Monthly % Change in Median House Prices (Prev. Quarter)

RENTAL YIELD

Average Rental Yield

VACANCY RATE

Average Vacancy Rate

Pricing

Sold Price

Asking Price

Days of Supply

Average Days of Supply

VENDOR DISCOUNTING

Average Discounting Percentage

Analyse all 168,432 Current Properties For Sale.

Trusted by over 13k property buyers and counting...

Try Picki for FREE
Disclaimer

The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.

Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.

Links
SuburbsPropertiesAbout UsBlogPrivacy PolicyTerms & ConditionsBusiness Portal Login
Picki Logo

2025 Picki. All rights reserved.