731 Melrose RoadCooriemungle VIC 3268
Property Details for 731 Melrose Rd, Cooriemungle
Last Listing description (October 2023)
Situated on 7 acres of pasture and privacy with panoramic northern views over the Cooriemungle Valley and Otways. Looking for a project? Put your mark on this one!
This peaceful part of the country is also only minutes from the famous Great Ocean Road and 12 Apostles. Centrally located between Timboon, Port Campbell and Simpson townships and conveniently on school bus routes.
The residence comprises of an entrance hall, three bedrooms master with walk in robe, All serviced by a family bathroom. Spacious kitchen dining area with gas stove and walk in pantry that opens into the lounge room heated by a large wood fire and reverse cycle. Enjoy separate zones with the family room and not mention the all-weather entertaining area.
Magnificent 100 foot by 30 foot machinery shed, one main four acre paddock watered by a dam and an old dairy that could be converted to a Farm Shop.
Property History for 731 Melrose Rd, Cooriemungle, VIC 3268
- 30 Aug 2023Sold for $480,000
- 23 Mar 2023Listed for Sale $550,000
- 02 Aug 2013Listed for Sale 255000
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About Cooriemungle 3268
The size of Cooriemungle is approximately 146.5 square kilometres. It has 3 parks covering nearly 13.9% of total area. The population of Cooriemungle in 2011 was 465 people. By 2016 the population was 373 showing a population decline of 19.8% in the area during that time. The predominant age group in Cooriemungle is 50-59 years. Households in Cooriemungle are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Cooriemungle work in a managers occupation. In 2011, 79.8% of the homes in Cooriemungle were owner-occupied compared with 64.4% in 2016..
Cooriemungle has 160 properties. Over the last 5 years, Houses in Cooriemungle have seen a 50.54% increase in median value, while Units have seen a 76.12% increase. As at 31 October 2024:
- The median value for Houses in Cooriemungle is $736,775 while the median value for Units is $505,564.
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