378 Settlement Rd, Elaine is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 95444m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Set on approx. 24 acres is this fantastic home with modern comforts and low maintenance convenience. Featuring 2 bedrooms, lounge and dining room with wood heater, air con, vinyl flooring, kitchen with electric cooking and plenty of natural light, you will feel at home as soon as you step foot in the door. The size of the home and floor plan allows for extensions and for making it your own.
Externally, the property has been divided into 10 paddocks for horses or stock and there are 2 dams providing water for the animals. The 6m x 12m (approx) shed is ideal for storing away the toys, cars or for a place to work from home. There are 2 5000 gallon tanks providing water to the home with mains power connected. The school bus for primary and secondary schools can pick kids up from the front gate and it is only a short drive to the Elaine town ship, Buninyong, Ballarat and well located for people commuting to Geelong. Priced well, acreage that is rarely sold in this area and of this size, be sure to inspect asap!
The size of Elaine is approximately 105.7 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Elaine in 2011 was 328 people. By 2016 the population was 240 showing a population decline of 26.8% in the area during that time. The predominant age group in Elaine is 50-59 years. Households in Elaine are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Elaine work in a labourer occupation. In 2011, 77% of the homes in Elaine were owner-occupied compared with 79.7% in 2016..
Elaine has 182 properties. Over the last 5 years, Houses in Elaine have seen a 77.83% increase in median value, while Units have seen a -48.26% decrease. As at 30 November 2024:
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