SOLD
Sold on 30 Nov 2023 for $3,700,000

1055 Chapel Hill Road
Boorolite VIC 3723

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 514606m2
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Property Details for 1055 Chapel Hill Rd, Boorolite

Building Type
Rural
Land Size
514606m2
Local Government
Mansfield
Lot/Plan
PC375263

Last Listing description (August 2024)

Dream big with this rare land offering in a tightly held Boorolite location. If you are looking for peaceful and productive acreage, with stunning views and approximately 700 meters of Delatite River frontage, prepare yourself and get your builder ready for your dream home! This is a rare chance to create your ultimate country lifestyle, down to the last detail, with a soothing view as far as the eye can see and the clincher Delatite riverfront.

Boasting the most spectacular sunsets and swimming holes with a natural gorge like your own Kakadu, a stunning house site (STCA) with far-reaching views.

More to love:

- Currently running 25 head of cows
- Local farmers ready to agist
- Pasture management history
- Approximately 700 metres of Delatite River frontage
- One Dam and a bore pumping into dam

Just 20 minutes from Mansfield, plus a stop along the way at the award-winning Delatite winery/cellar door and 20 minutes to Mt Buller resort entry.

Property History for 1055 Chapel Hill Rd, Boorolite, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$3,700,000
30 Nov 2023
  • 13 Aug 2024
    Listed for Sale $1,800,000 - $1,900,000
  • 30 Nov 2023
    Sold for $3,700,000

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About Boorolite 3723

The size of Boorolite is approximately 72.9 square kilometres. It has 1 park covering nearly 3.8% of total area. The population of Boorolite in 2011 was 512 people. By 2016 the population was 140 showing a population decline of 72.7% in the area during that time. The predominant age group in Boorolite is 50-59 years. Households in Boorolite are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Boorolite work in a managers occupation. In 2011, 73.8% of the homes in Boorolite were owner-occupied compared with 76.9% in 2016..

Boorolite has 110 properties. Over the last 5 years, Houses in Boorolite have seen a 185.20% increase in median value. As at 30 September 2024:

  • The median value for Houses in Boorolite is $1,670,749.
There are currently 1 property listed for sale, and no properties listed for rent in Boorolite on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Boorolite.

Suburb Insights for Boorolite 3723

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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.