FOR SALE
$430,000 - $470,000

Lot 3 Mcgrath Road
Stanhope VIC 3623

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 40ac
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40-ACRES ON STANHOPE TOWNS EDGE

Presenting an exceptional opportunity to acquire a coveted 40-acre parcel of land situated at the edge of the township of Stanhope. High quality red sandy loam soil type makes the property a very good feed producer. A defining feature of this property is its shelter belt tree plantation, accentuated by scattered gums interspersed throughout. Divided into four well-defined paddocks, the property offers a structured layout conducive to livestock management, rotational grazing, or agricultural activities. The fencing is in excellent condition, ensuring security and delineation of boundaries and the the property is equipped with basic stock yards.
Conveniently situated at the edge of Stanhope Township, offering proximity to essential amenities, services, and recreational facilities.
Call Luke Ryan on 0438 842 127 to arrange an inspection.

Property Details for Lot 3 Mcgrath Rd, Stanhope

Building Type
Rural
Land Size
40ac

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About Stanhope 3623

The size of Stanhope is approximately 72.2 square kilometres. The population of Stanhope in 2011 was 915 people. By 2016 the population was 820 showing a population decline of 10.4% in the area during that time. The predominant age group in Stanhope is 50-59 years. Households in Stanhope are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stanhope work in a managers occupation. In 2011, 78.2% of the homes in Stanhope were owner-occupied compared with 83% in 2016.

Stanhope has 502 properties. Over the last 5 years, Houses in Stanhope have seen a 62.94% increase in median value, while Units have seen a 55.12% increase. As at 30 November 2024:

  • The median value for Houses in Stanhope is $283,974 while the median value for Units is $300,428.
  • Houses have a median rent of $208.
There are currently 5 properties listed for sale, and no properties listed for rent in Stanhope on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Stanhope.

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