406 Shearers Rd, Hanging Rock is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1980. The property has a land size of 111900m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
This 28 acre lifestyle property (with income potential) is located in the beautiful hills of Hanging Rock.
A notable feature is heavy duty industrial sized shed, previously used as a mechanical repair workshop. Full concrete floor, mezzanine level, industrial lighting, steel benches and an overhead gantry. 3 phase power. Unlimited potential for a handy person. Can also be used for portable sawmill or timber works.
3 bedroom house is basic but cosy. It includes a gas stove, wood fire, seperate toilet and bathroom. There is an outside laundry, second toilet and sauna room. A small cabin is located just below the house which could be renovated for spare accomodation.
The size of Hanging Rock is approximately 313.7 square kilometres. It has 10 parks covering nearly 54.4% of total area. The population of Hanging Rock in 2011 was 598 people. By 2016 the population was 99 showing a population decline of 83.4% in the area during that time. The predominant age group in Hanging Rock is 60-69 years. Households in Hanging Rock are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Hanging Rock work in a managers occupation. In 2011, 72% of the homes in Hanging Rock were owner-occupied compared with 71.4% in 2016..
Hanging Rock has 156 properties. Over the last 5 years, Houses in Hanging Rock have seen a 93.93% increase in median value, while Units have seen a -15.16% decrease. As at 31 October 2024:
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