SOLD
Sold on 13 Feb 2024 for $70,000

171 Old Buchan Road
Buchan VIC 3885

Bedrooms: 3
Bathrooms: -
Car spaces: -
Floor area: 122m2
Land area: 5087m2
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Property Details for 171 Old Buchan Rd, Buchan

Building Type
Land
Floor Size
122m2
Land Size
5087m2
Local Government
East Gippsland
Lot/Plan
25/PP5122

Last Listing description (November 2024)

Discover the perfect opportunity for your weekend getaway in the charming Town of Buchan. These two blocks are in the town zone and situated on separate titles but are being sold together as one incredible property.

Block 171 initially had a house on it, providing a level foundation for your dream home. Additionally, a small area has already been cleared at the top of the block, making it ideal for a tiny home or container home (subject to council approval). The views from this elevated spot are simply breathtaking, offering panoramic vistas of the Buchan Valley, the picturesque township, and the majestic mountains.

The convenience of this property is further enhanced by the presence of a power pole right in front of the blocks, pre-cut driveways, and some fencing already in place. With a little bit of effort and manpower, you can transform this into your beautiful weekend retreat in the heart of this lovely country town.

Buchan is famous for its Buchan Caves and historic Buchan Hotel, making it an appealing destination for both relaxation and adventure.

For full details and to seize this incredible opportunity, contact Bret Ward today at 0427 562 644.

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Property History for 171 Old Buchan Rd, Buchan, VIC 3885

A timeline of how this property has performed in the market
Last Sold
$70,000
13 Feb 2024
Listed for Rent
$170/w
16 Jan 2019
  • 13 Feb 2024
    Sold for $70,000
  • 06 Sep 2023
    Listed for Sale $170,000
  • 16 Jan 2019
    Listed for Rent - Price not available
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About Buchan 3885

The size of Buchan is approximately 429.6 square kilometres. It has 5 parks covering nearly 88.6% of total area. The population of Buchan in 2011 was 386 people. By 2016 the population was 226 showing a population decline of 41.5% in the area during that time. The predominant age group in Buchan is 50-59 years. Households in Buchan are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Buchan work in a managers occupation. In 2011, 78.8% of the homes in Buchan were owner-occupied compared with 77.9% in 2016..

Buchan has 287 properties. Over the last 5 years, Houses in Buchan have seen a 71.05% increase in median value. As at 30 November 2024:

  • The median value for Houses in Buchan is $361,357 while the median value for Units is $276,502.
There are currently 2 properties listed for sale, and no properties listed for rent in Buchan on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Buchan.

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Contact agent
Bret Ward
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Elders Real Estate Bairnsdale
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