5 Commercial Rd, Watervale is a 2 bedroom, 2 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 2029m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Perfect little weekender or Investment property.. Set back on a fantastic 2021 sqm in the picturesque township of Watervale. This little lock up and leave property great as an investment or an opportunity to lay down roots and be surrounded by wineries, delicious food and beautiful scenery. The property has been recently updated and features a generous open plan kitchen and dining space with high ceilings and plenty of light. The recent additions now include a spacious separate lounge room with French doors and ceiling fan. There are two good size bedrooms along with combined bathroom/laundry plus separate toilet. Easy care and low maintenance it is finished off with timber look vinyl flooring, ceiling fans and a split system. Surrounded by trees and wildlife it is positioned for privacy and allows plenty of space for pets to run around securely. It also includes a separate lined shed, storage and wood shed and a new carport. This home is an ideal investment property or weekender with unlimited potential. Currently leased until June 2022.
Features include:
Large 2021m2 block
The size of Watervale is approximately 59.1 square kilometres. The population of Watervale in 2011 was 453 people. By 2016 the population was 317 showing a population decline of 30.0% in the area during that time. The predominant age group in Watervale is 60-69 years. Households in Watervale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Watervale work in a managers occupation. In 2011, 79.4% of the homes in Watervale were owner-occupied compared with 82.7% in 2016.
Watervale has 268 properties. Over the last 5 years, Houses in Watervale have seen a 129.10% increase in median value. As at 31 October 2024:
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