1514 Railton Rd, Merseylea is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 19100m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Located in the picturesque Mersey River valley and surrounded by rolling hills and river flats, this 1.66 Ha (4Ac) Approx. holding is perfectly positioned to take advantage of the North East facing aspect. This versatile property lends itself to many opportunities including livestock or horses. With a permanent creek and tank water (two tanks) as well as a bore there is no shortage for home and pasture. The outbuildings consist of open front sheds that would be ideal as stables along with other enclosed lockable shedding and garage. Chook houses for your fresh eggs will help make you almost self sufficient as there is enough room to run some livestock.
The house features a second living room or forth bedroom for those wishing for getaway space to relax and unwind. The kitchen as well as the bathroom have been renovated along with a fresh coat of paint throughout the inside make for a bright and tidy home. Past improvements include re stumping, an electrical upgrade along with plumbing, including a new septic tank. With the opportunity for more renovations and improvements, the tranquility of country living could be yours and just five minutes approx drive to Railton, fifteen minutes approx. from Latrobe and around ten minutes from Sheffield.
The size of Merseylea is approximately 18.8 square kilometres. It has 3 parks covering nearly 36.5% of total area. The population of Merseylea in 2011 was 1,230 people. By 2016 the population was 61 showing a population decline of 95.0% in the area during that time. The predominant age group in Merseylea is 60-69 years. Households in Merseylea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merseylea work in a machinery operators and drivers occupation. In 2011, 80.7% of the homes in Merseylea were owner-occupied compared with 77.3% in 2016..
Merseylea has 37 properties. Over the last 5 years, Houses in Merseylea have seen a 72.81% increase in median value. As at 31 October 2024:
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