FOR SALE
$545,000 - $565,000

540 Pyrenees Highway
Chewton VIC 3451

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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First home owners, investors or weekenders do not miss this opportunity!

Looking for an opportunity to break into the market? Look no further.
Snap up this very rare opportunity to buy an affordable home and take advantage of the stamp duty exemption. This quaint Chewton abode on a sizeable allotment, only minutes to Castlemaine and just a short drive to the Calder Freeway, is certain to impress those with imagination and vision.
The property benefits from a northerly aspect on a magnificent piece of land studded with clusters of tall gum trees, a glorious weeping willow and natives, plus a huge, grassed yard for the kids to play or the dog to run around. To the rear of the allotment a seasonal creek adds to the idyllic charm of this darling piece of real estate.
Opportunities like this don't come up often. Put simply: it is potential in droves.
The house itself consists of an open plan living design, with kitchen, lounge and dining, then down the hallway
3 bedrooms and a bathroom. A north facing sunroom opens to a back veranda.
Live in it for a while and decide what to do with it. An extensive reno? Or maybe a little touch up? There's no rush because this place is ready for you to buy and move straight in and save thousands in the process if you're a first home buyer.
The bones of a great home are all here - timber floorboards, large windows, excellent location, good sized rooms.
The only question is, what will you do with it?
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Property Details for 540 Pyrenees Hwy, Chewton

540 Pyrenees Hwy, Chewton is a 3 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with Ray White Kyneton.

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House

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About Chewton 3451

The size of Chewton is approximately 23.9 square kilometres. It has 4 parks covering nearly 83.1% of total area. The population of Chewton in 2011 was 1,317 people. By 2016 the population was 1,320 showing a population growth of 0.2% in the area during that time. The predominant age group in Chewton is 30-39 years. Households in Chewton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chewton work in a professional occupation. In 2011, 81.9% of the homes in Chewton were owner-occupied compared with 78.8% in 2016.

Chewton has 587 properties. Over the last 5 years, Houses in Chewton have seen a 47.66% increase in median value. As at 31 July 2024:

  • The median value for Houses in Chewton is $735,037 while the median value for Units is $744,866.
  • Houses have a median rent of $500.
There are currently 4 properties listed for sale, and no properties listed for rent in Chewton on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Chewton.

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Tamara Mactier
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Nathanial Briggs
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Ray White Kyneton
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