OFF MARKET

226/1500 Midland Highway
Creswick VIC 3363

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 60m2
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Last updated 30 Sep 2024
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Property Details for 226/1500 Midland Hwy, Creswick

226/1500 Midland Hwy, Creswick is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2005. The property has a land size of 60m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in October 2006.

Building Type
House
Year Built
2005
Floor Size
97m2
Land Size
60m2
Local Government
Hepburn
Lot/Plan
122/PS518387

Last Listing description (February 2024)

TO ENQUIRE simply TEXT THIS CODE *KRNC* to the agent mobile number shown. You will receive the advertisers phone number. Or to EMAIL the advertiser direct click 'Get in touch/email agent.

This is a hotel unit that has been rated at 4.5 stars. It is a privately owned unit in the Goldfields Forest Resort at Creswick. It is a second-floor unit directly overlooking a beautiful golf course with a spectacular view beyond of Creswick Forest.

The unit has a small kitchenette, a beautiful bathroom with spa bath, and open area which consists of space for a king size bed and a settee. It also has a balcony directly facing the golf course and its 18th green.
The unit has been rented or air bnb'd for eight years or so at very good rates. It is part of an Owners Corporation, fees of which pay for building insurance, and all utilities including Internet. It is an independent unit with its own washing and drying facilities. It is consequently an excellent investment opportunity or a place to live for someone single or a couple.

As you will see, the common property that is part of this unit includes a swimming pool, a gymnasium, an outside spa, a children's playground, and an outside grassed area for multiple uses. These facilities are part of the package that comes with the unit. The major part of the complex also includes an RACV bar, a good-quality restaurant, the use of tennis courts and the golf course, and games areas. Functions occur all the time including musical events and small concerts. The building quality is such that these do not impinge on privacy or quiet in the unit.
There is a car park also allocated in the general car park outside the building itself.


Disclaimer. You are advised that you should conduct your own due diligence and not rely on this information, including but not limited to, the property area, floor size, price, address and general property description on the Website. The information has been provided to us by third parties and is published as a convenience to you. We accept no liability whatsoever in connection with the information published.

Property History for 226/1500 Midland Hwy, Creswick, VIC 3363

A timeline of how this property has performed in the market
Last Sold
$347,000
27 Oct 2006
Listed for Rent
$330/w
26 Jul 2023
  • 08 May 2023
    Listed for Rent $330 / week
  • 28 Apr 2023
    Listed for Sale $240,000-$260,000
  • 27 Oct 2006
    Sold for $347,000

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About Creswick 3363

The size of Creswick is approximately 49.6 square kilometres. It has 10 parks covering nearly 17.2% of total area. The population of Creswick in 2011 was 2,941 people. By 2016 the population was 3,171 showing a population growth of 7.8% in the area during that time. The predominant age group in Creswick is 60-69 years. Households in Creswick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Creswick work in a trades occupation. In 2011, 74.2% of the homes in Creswick were owner-occupied compared with 72.8% in 2016.

Creswick has 2,282 properties. Over the last 5 years, Houses in Creswick have seen a 44.52% increase in median value, while Units have seen a 6.90% increase. As at 31 August 2024:

  • The median value for Houses in Creswick is $507,348 while the median value for Units is $307,421.
  • Houses have a median rent of $400 while Units have a median rent of $250.
There are currently 59 properties listed for sale, and 5 properties listed for rent in Creswick on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Creswick.

Suburb Insights for Creswick 3363

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.