5286 Midland Hwy, Elaine is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 2035m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Set on approx. 2037m2 is this fantastic opportunity in the Heart of Elaine with plenty of scope for improvement. Offering 3 bedrooms, kitchen with electric cooking, gas log heating, original features throughout and just steps away from the Elaine general store and pub, this could be the ideal first home, investment or renovator.
Externally, there is a garden shed, chook pen, small back paddock, animal shelter and established fruit trees and gardens. The home has had a new roof installed in recent years and represents tremendous value for those wanting to commute to Ballarat or Geelong. Inspect asap as properties in this price bracket usually get snapped up fast!
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 67.92% increase in median value, while Units have seen a -48.26% decrease. As at 31 October 2024:
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