OFF MARKET

58 Cradle Road
Diggers Rest VIC 3427

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 160m2
Land area: 604m2
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Property Details for 58 Cradle Rd, Diggers Rest

58 Cradle Rd, Diggers Rest is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 604m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1950
Floor Size
160m2
Land Size
604m2
Local Government
Melton
Lot/Plan
254/LP53137

Last Listing description (February 2023)

An opportunity has arisen to secure 4 bedroom brick home.
The perfect location that allows for easy access to the Diggers Rest train station, Calder freeway, schools and the new retail centre.

Priced for immediate sale, this home will suit investors, first home buyers or the budget conscious.

This Home is now looking for a new owner to unlock its full potential!

Comprising of
- Ducted heating
- Evaporative cooling
- 1.5 car garage with remote control
- Spacious outdoor entertainment area
- Separate lounge, Dining & family room

This property is currently tenanted on a month to month basis and can be offered with vacant possession or tenanted, the choice is yours.

With some cosmetic upgrades and TLC the new owner will reap the rewards!

Diggers Rest is in high demand and properties in this price range are rare.

Don't delay - Call Now

Dean Clements 0413 870 656

PLEASE NOTE; Photo I'd is required at all Raine&Horne open for inspections.

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Property History for 58 Cradle Rd, Diggers Rest, VIC 3427

A timeline of how this property has performed in the market
Last Sold
$490,000
06 Dec 2022
  • 06 Dec 2022
    Sold for $490,000
  • 11 Oct 2022
    Listed for Sale UNDER CONTRACT!
  • 03 Jun 1984
    Sold for $12,000
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About Diggers Rest 3427

The size of Diggers Rest is approximately 69.9 square kilometres. It has 8 parks covering nearly 1% of total area. The population of Diggers Rest in 2011 was 2,275 people. By 2016 the population was 2,746 showing a population growth of 20.7% in the area during that time. The predominant age group in Diggers Rest is 20-29 years. Households in Diggers Rest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Diggers Rest work in a clerical occupation. In 2011, 79.6% of the homes in Diggers Rest were owner-occupied compared with 79.2% in 2016.

Diggers Rest has 4,602 properties. Over the last 5 years, Houses in Diggers Rest have seen a 20.65% increase in median value, while Units have seen a 22.44% increase. As at 30 November 2024:

  • The median value for Houses in Diggers Rest is $649,568 while the median value for Units is $542,606.
  • Houses have a median rent of $520 while Units have a median rent of $455.
There are currently 31 properties listed for sale, and 13 properties listed for rent in Diggers rest on OnTheHouse. According to CoreLogic's data, 283 properties were sold in the past 12 months in Diggers rest.

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