FOR SALE
$1,199,000

50 Halls Road
Myrtleford VIC 3737

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 5635m2
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EXPANSIVE PROPERTY WITH DEVELOPMENT POTENTIAL IN SOUGHT-AFTER AREA IN MYRTLEFORD

This unique offering is situated in one of Myrtleford's most sought-after areas on Halls Road, providing an opportunity for families, developers, or investors. Spanning 5635sqm, the property includes an established family home on Lot 1, with a proposed two vacant lots ready for development (STCA) on Lot 2 & Lot 3.
Lot 1: Established Family Home on 2036sqm
Built in 1978, this solid white brick veneer home features 4 generous bedrooms, 2 bathrooms plus a dedicated study (or 5th bedroom), making it perfect for families of all sizes. Upon entering the home, you are greeted by a wide entrance and hallway, which flows through to the heart of the home, the spacious kitchen and living area.
The kitchen boasts an electric cooktop, wall oven, dishwasher and ample storage, catering to all your cooking needs.
Additional living spaces include a formal lounge and dining area ideal for entertaining guests or family gatherings.
The property's practical layout continues with a concreted driveway leading to a double carport providing convenient and secure parking + solar panels for extra efficiency. Outside features a stunning in-ground swimming pool which creates the perfect space for relaxation and enjoyment during the warmer months whilst taking in the beautiful views.
Lot 2: 1509sqm Vacant Land - Potential development (STCA)
This substantial parcel of land offers an exciting opportunity for development (subject to council approval) whether you are looking to build a second residence (STCA) or explore other options for investment.
Lot 3: 2090sqm Vacant Land - Potential development (STCA)
With even more space to work with, Lot 3 provides additional potential for development, allowing you to further capitalize on this prime Myrtleford location (STCA)
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Property Details for 50 Halls Rd, Myrtleford

50 Halls Rd, Myrtleford is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 5635m2. The place is currently for sale with Ray White Myrtleford.

Building Type
House
Land Size
5635m2

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About Myrtleford 3737

The size of Myrtleford is approximately 80.5 square kilometres. It has 15 parks covering nearly 15.2% of total area. The population of Myrtleford in 2011 was 3,181 people. By 2016 the population was 3,195 showing a population growth of 0.4% in the area during that time. The predominant age group in Myrtleford is 50-59 years. Households in Myrtleford are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Myrtleford work in a trades occupation. In 2011, 71.7% of the homes in Myrtleford were owner-occupied compared with 70.9% in 2016.

Myrtleford has 2,176 properties. Over the last 5 years, Houses in Myrtleford have seen a 86.60% increase in median value, while Units have seen a 32.25% increase. As at 31 October 2024:

  • The median value for Houses in Myrtleford is $613,609 while the median value for Units is $432,834.
  • Houses have a median rent of $430 while Units have a median rent of $250.
There are currently 58 properties listed for sale, and 12 properties listed for rent in Myrtleford on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Myrtleford.

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