67 Main RoadBuchan VIC 3885
Property Details for 67 Main Rd, Buchan
67 Main Rd, Buchan is a 11 bedroom, 10 bathroom Unit. The property has a land size of 31280m2.
Last Listing description (June 2012)
BUY YOURSELF AN INCOME........
Nestled in the foothills of the Victorian Alps, set in tranquil setting is the Buchan Motel. Comprised of 8 units ranging from twin, double and family units all with private en suite and balconies with magic views of the beautiful Buchan Valley. There is also a historic period residence which can be used as a licensed restaurant for your guests. Easy stroll to township and not far from the famous Buchan Caves. This is a lifestyle property with good returns averaging approx $80,000 p/a.
Property History for 67 Main Rd, Buchan, VIC 3885
- 10 Sep 2011Listed for Sale 460000
- 22 Apr 2011Listed for Sale 470000
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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 119.91% increase in median value. As at 31 October 2024:
- The median value for Houses in Buchan is $335,278 while the median value for Units is $349,531.
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