975 Northern HighwayBylands VIC 3762
Property Details for 975 Northern Hwy, Bylands
Last Listing description (May 2023)
Elders Rural Services Australia Limited is pleased to present for sale 975 Northern Highway Bylands, a unique lifestyle/land banking opportunity boasting outstanding proximity to the rapidly expanding Wallan township and Melbourne CBD.
Ideally located 4km* north of Wallan, the property occupies a highly versatile 24.75 hectares (61.13 acres) of land ideally suited to livestock, cropping, equine and/or lifestyle pursuits.
The property boasts easterly facing aspects towards Mount Disappointment and surrounding mountain silhouettes, whilst benefitting from an abundance of natural water supply via two catchment dams, which provide adequate water for stock.
Offerings of this nature rarely present themselves to market with astute investors immediately recognising the potential that this near Melbourne asset has to offer.
Key features:
- Total land area: 24.75 hectares (61.13 acres)
- Highly versatile gently undulating land ideally suited to livestock, cropping, equine or lifestyle pursuits
- Situated in an enviable elevated setting overlooking stunning vistas and nearby mountain ranges
- Two catchment dams
- Reliable 670mm (26 inches) average annual rainfall
- Extensive road frontage to the Northern Highway, Old Sydney Road and Poulters Lane
- Conveniently positioned 4km* N Wallan, 10km* S Kilmore and 58km* N Melbourne CBD
For sale by Expression of Interest closing 19th October 2022 at 4pm
Sam Jeffery 0438 004 491
Henry Mackinnon 0408 408 299
Nick Myer 0427 610 278
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
* denotes approximately
Property History for 975 Northern Hwy, Bylands, VIC 3762
- 27 Oct 2022Sold for $1,111,000
- 12 Sep 2022Listed for Sale by Expression of Interest
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0About Bylands 3762
The size of Bylands is approximately 40.6 square kilometres. The population of Bylands in 2011 was 1,295 people. By 2016 the population was 128 showing a population decline of 90.1% in the area during that time. The predominant age group in Bylands is 50-59 years. Households in Bylands are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bylands work in a managers occupation. In 2011, 87.4% of the homes in Bylands were owner-occupied compared with 75.5% in 2016..
Bylands has 75 properties. Over the last 5 years, Houses in Bylands have seen a 7.46% increase in median value. As at 30 November 2024:
- The median value for Houses in Bylands is $858,472.
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