163 Main RoadChewton VIC 3451
Property Details for 163 Main Rd, Chewton
163 Main Rd, Chewton is a 3 bedroom, 2 bathroom House with 10 parking spaces and was built in 1854. The property has a land size of 2193m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
Last Listing description (February 2009)
THE RED HILL HOTEL CIRCA 1854 FREEHOLD INVESTMENT
LOCATED IN THE HEART OF HISTORIC CHEWTON IS THE ICONIC RED HILL HOTEL. THIS FREESTANDING BUILDING WITH MANAGERS RESIDENCE IS FULL OF POSSIBILITIES. THE PROPERTY IS SITUATED ON A LARGE 2800M2 ALLOTMENT AND SECURELY LEASED UNTIL 2010 FOR $22021.80 P/A INCLUDING GST SET TO CPI INCREASE IN MAY, 2009. THE HOTEL CONSISTS OF A GRAND DINING ROOM SPLIT OVER TWO LEVELS WITH BAR, SEPARATE MAIN BAR WITH ADJACENT OUTDOOR ENTERTAINING AREA, EXTENSIVE CELLAR, WELL-MAINTAINED KITCHEN AND ADDITIONAL PRIVATE OUTDOOR AREAS AND VERY GOOD PLANT AND EQUIPMENT. UNDER THE SAME (NEWLY REPLACED) ROOF IS THE OLD ASSEMBLY HALL THAT IS RIPE FOR REFURBISHMENT, PERHAPS ADDING AN EXTRA INCOME STREAM FOR AN PROSPECTIVE PURCHASER. THE PROPERTY IS ALSO LOCATED ON FIVE SEPARATE TITLES, WHICH MAY ALLOW FOR FURTHER INCOME POSSIBILITIES STCA.
Property History for 163 Main Rd, Chewton, VIC 3451
- 27 Mar 2017Sold for $100,000
- 06 Mar 2009Sold for $375,000
- 13 Feb 2009Listed for Sale $395,000
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About Chewton 3451
The size of Chewton is approximately 23.9 square kilometres. It has 4 parks covering nearly 83.1% of total area. The population of Chewton in 2011 was 1,317 people. By 2016 the population was 1,320 showing a population growth of 0.2% in the area during that time. The predominant age group in Chewton is 30-39 years. Households in Chewton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chewton work in a professional occupation. In 2011, 81.9% of the homes in Chewton were owner-occupied compared with 78.8% in 2016.
Chewton has 591 properties. Over the last 5 years, Houses in Chewton have seen a 42.58% increase in median value. As at 31 October 2024:
- The median value for Houses in Chewton is $722,303 while the median value for Units is $733,599.
- Houses have a median rent of $500.
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