FOR SALE
$300,000 - $330,000

3239 Bridgewater-Maldon Road
Newbridge VIC 3551

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 3.26ac
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3.26 Ac / 1.32 Ha With Shedding Plus Additional Grazing Licence (3.71 Ac / 1.50Ha)

The natural appeal and timeless beauty of the Loddon River is constantly being re-discovered by Victorians. It excites buyers seeking a tree-change. Situated in Victoria's Golden Triangle, with great access to the Loddon River; this is an outstanding example of what country living is all about. It has the promise to be more than you first expect.
The property measures 3.26 acres / 1.32 hectares and there is an additional Grazing Licence for a further 3.71 acres / 1.50 hectares. A boundary fence surrounds the property, and the adjoining grazing land, including a dividing unmade Government Road.
The property has previously been operated as an Apiary, with beehives positioned on the grazing block; and the shedding used for honey extracting and packing. Alongside the shed is a lean-to, a yard, and a 40' shipping container. The shedding is very versatile and would suit a variety of uses subject to Loddon Shire approvals. Building a permanent residence or holiday home will require planning permission from the Shire.
The Loddon Shire Planning Team may be contacted on 03 5494 1200 to assist you with your due diligence.
There is double phase power, LED lighting, 9,000 litres of plumbed tank water, a gully trap, septic system, and instantaneous electric hot water. You may wish to investigate a licence for the existing bore. There are also existing concrete footings for your addition of a 20' shipping container, or cool room subject to Shire approvals.
Positioned right on the Loddon River, Newbridge is a peaceful rural town with a welcoming and friendly community. There is an electric vehicle charging station at the Community Centre opposite the historic Newbridge Hotel. The recreation reserve offers excellent sports infrastructure and there are camping and fishing sites available along the river.
It's about a 12-minute drive to Bridgewater on Loddon, which is a bustling tourist destination and close community. The town is renowned for its award-winning bakery, boutique wineries and water sports. It's a popular place for camping, fishing, swimming, casual boating, and skiing.
It's also only 17 mins drive to the community, supermarket, and hospital at Inglewood. The 30 min drive to the Bendigo central business district makes for a very comfortable daily commute. There is a daily V/Line bus to Bendigo and it's a 1hr 45m drive to Melbourne Airport.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 3239 Bridgewater-Maldon Rd, Newbridge

3239 Bridgewater-Maldon Rd, Newbridge is a 1 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 3.26ac. The place is currently for sale with Elders Real Estate Bendigo.

Building Type
House
Land Size
3.26ac

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About Newbridge 3551

The size of Newbridge is approximately 96.3 square kilometres. It has 3 parks covering nearly 7.4% of total area. The population of Newbridge in 2011 was 359 people. By 2016 the population was 185 showing a population decline of 48.5% in the area during that time. The predominant age group in Newbridge is 60-69 years. Households in Newbridge are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Newbridge work in a managers occupation. In 2011, 81.1% of the homes in Newbridge were owner-occupied compared with 86.7% in 2016..

Newbridge has 216 properties. Over the last 5 years, Houses in Newbridge have seen a 110.53% increase in median value, while Units have seen a -60.51% decrease. As at 30 November 2024:

  • The median value for Houses in Newbridge is $488,725 while the median value for Units is $462,151.
There are currently 8 properties listed for sale, and no properties listed for rent in Newbridge on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Newbridge.

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Patrick Skahill
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