OFF MARKET

1-9 Micalago Road
Michelago NSW 2620

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Property Details for 1-9 Micalago Rd, Michelago

Building Type
Land
Local Government
Snowy Monaro Regional

Last Listing description (July 2020)

Offering a variety of options is this impressive nine lot subdivision on the outskirts of Michelago. Blocks range in size from 4ha (10ac) to 22ha (55ac) and vary from relatively flat blocks to gently undulating with most having elevation and stunning panoramic views. All blocks are fully fenced with gate and driveway entry. With the exception of Lot 1, all blocks have low voltage power available at the boundary and a 4000sqm building envelope. Lot 1 has a building envelope of 3000sqm with a power pole nearby for electricity connection. All are ready to build on now with no time limit to build. Some excellent grazing is available and there is double creek frontage on Lots 1 and 3. It is about a 20-minute drive along the Monaro Highway to Tuggeranong, 35 minutes to Woden and 50 minutes to Canberra's CBD.




- Lot 1 - 22.2ha (55ac) - Sold
- Lot 2 - 13.9ha (35ac) - $440,000
- Lot 3 - 13.7ha (34ac) - Sold
- Lot 4 - 7.8ha (19ac) - Sold
- Lot 5 - 4.8ha (15ac) - Sold
- Lot 6 - 5.8ha (14ac) - Sold
- Lot 7 - 4ha (10ac) - Sold
- Lot 8 - 4ha (10ac) - Sold
- Lot 9 - 4.1ha (10ac) - Sold

Property History for 1-9 Micalago Rd, Michelago, NSW 2620

A timeline of how this property has performed in the market
  • 31 Oct 2018
    Listed for Sale $370,000 - $450,000

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About Michelago 2620

The size of Michelago is approximately 235.5 square kilometres. It has 3 parks covering nearly 9.2% of total area. The population of Michelago in 2011 was 647 people. By 2016 the population was 551 showing a population decline of 14.8% in the area during that time. The predominant age group in Michelago is 50-59 years. Households in Michelago are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Michelago work in a managers occupation. In 2011, 88.1% of the homes in Michelago were owner-occupied compared with 85.2% in 2016.

Michelago has 340 properties. Over the last 5 years, Houses in Michelago have seen a 47.64% increase in median value. As at 31 October 2024:

  • The median value for Houses in Michelago is $1,087,887 while the median value for Units is $2,001,597.
There are currently no properties listed for sale, and no properties listed for rent in Michelago on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Michelago.

Suburb Insights for Michelago 2620

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.