OFF MARKET

240 Possum Gully Road
Adelaide Lead VIC 3465

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 486000m2
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Property Details for 240 Possum Gully Rd, Adelaide Lead

Building Type
Rural
Land Size
486000m2
Local Government
Central Goldfields
Lot/Plan
11~12B/PP2012

Last Listing description (July 2023)

The property has dual frontage to Possum Gully Road and to the south side of Old Maryborough Avoca Road in the rural district of Adelaide Lead.
It is located approximately 7.5 kilometers west of the regional center of Maryborough.
Maryborough is a regional town that has a retail precinct, primary and secondary schools, medical and some professional services. It is located approximately 170 kilometers northwest of Melbourne.

The property comprises a broad acre grazing cropping holding held in three non-contiguous parts. The land has multiple road frontages.
Property Zoning: Rural Conservation, Rural Living
Property is unique in that it is a large holding in a location, ideal for the rural lifestyle and subject to council approvals and service connection, particularly mains water, the property could be partly developed for this purpose (STCA.)

This property is approximately 48.6 hectares zoned for Rural Living Zone with the balance zoned Rural Conservation Zone.
Key Features
Multiple allotments held on a single title situated within proximity to Maryborough.
Multiple road frontages with power available to most holdings.
Large dams for stock water.
Further subdivision of part of the land zoned rural living zone.
Sale of the balance land under the Rural Conservation Zone.

Due to the rural nature of the property all interested buyers should consider conducting their own due diligence to accurately determine the physical location of title boundaries. Our land description is based on the title land area and assumes that the fenced boundaries substantially accord with the title boundaries.

Property History for 240 Possum Gully Rd, Adelaide Lead, VIC 3465

A timeline of how this property has performed in the market
Last Transferred
30 Nov 2023
  • 30 Nov 2023
    Transferred
  • 22 Nov 2023
    Transferred
  • 16 Sep 2023
    Transferred
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About Adelaide Lead 3465

The size of Adelaide Lead is approximately 38.9 square kilometres. It has 2 parks covering nearly 82.9% of total area. The population of Adelaide Lead in 2011 was 714 people. By 2016 the population was 74 showing a population decline of 89.6% in the area during that time. The predominant age group in Adelaide Lead is 0-9 years. Households in Adelaide Lead are primarily couples with children and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Adelaide Lead work in a labourer occupation. In 2011, 86.4% of the homes in Adelaide Lead were owner-occupied compared with 100% in 2016..

Adelaide Lead has 64 properties. Over the last 5 years, Houses in Adelaide Lead have seen a 108.44% increase in median value. As at 31 October 2024:

  • The median value for Houses in Adelaide Lead is $490,051 while the median value for Units is $367,653.
There are currently 1 property listed for sale, and no properties listed for rent in Adelaide lead on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Adelaide lead.

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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.