OFF MARKET

5621 Midland Highway
Elaine VIC 3334

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 397087m2
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Property Details for 5621 Midland Hwy, Elaine

5621 Midland Hwy, Elaine is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 397087m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Land Size
397087m2
Local Government
Moorabool
Lot/Plan
14/PP3271

Last Listing description (May 2022)

The home: This post war 1950's home which is in original condition offers decorative brick work with a terracotta tile roof, aluminium windows & timber subfloor. The home features 3 big bedrooms ( built in robe to master), with a large country style kitchen with electric freestanding cooker which includes meals area and separate formal lounge with sold fuel heating. There is an internal toilet, separate bathroom, enclosed porch to the back door to protect you from the elements with a single car garage sitting at the end of the concrete driveway.

Improvements: include a dog run for 3, large workshop with 2 sliding doors measuring about 10m by 19m long with concrete floor, power and about 10 foot clearance. Second shed nearby used to store garden equipment measuring 5m by 10m long with power and concrete floor. There is also a 2 bay hay shed and shearing shed with timber raised floor, 12m by 15m long (180m2) with sheep yards.

Land: Approx. 96 acres of grey loam soil type, land is mostly arable and reasonably flat currently running a flock of sheep. Property has good fencing with 5 paddocks made up of mostly ring lock, steel droppers and plain wire. The land is a corner block also fronting Fords Lane 800m, sitting on one title and zoned farming under the Shire of Moorabool 53 667 100. Frontage to the Midland Highway is approx. 504m with a depth of just over 1 kilometre to the south or Geelong side.

Services to the home include mains power connected, septic tank, fortnightly garbage service and mail box at front with about 40,000 litres of tank water servicing the home with electric hot water. There are 2 dams catchment dams provide water for livestock. Dam 1 is close to the Midland Highway just south of the house, with the second dam located close to the south boundary fence, towards middle of land. There are three tanks in total being connected to the house, shearing shed and large workshop.

5621 Midland Highway is located on the Ballarat side of the Elaine Village which has a population of around 250, which is well serviced with a general store, farm supplies business, sports oval and The farm gate shop & post office.

The property is located between Ballarat & Geelong, being a 30 minute drive to Ballarat, 15 minutes to Buninyong and 45 minutes to the Geelong beach. The property would suit any form of rural pursuit being ideally positioned in a reliable rainfall area annually of about 692mm or 27 inches.

Property History for 5621 Midland Hwy, Elaine, VIC 3334

A timeline of how this property has performed in the market
Last Sold
$1,085,000
19 Feb 2022
  • 01 Apr 2022
    Listed for Sale Not Disclosed
  • 19 Feb 2022
    Sold for $1,085,000
  • 14 Jan 2022
    Listed for Sale Auction Saturday 19th February at 11am
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About Elaine 3334

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:

  • The median value for Houses in Elaine is $854,002 while the median value for Units is $432,452.
There are currently 1 property listed for sale, and no properties listed for rent in Elaine on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Elaine.

Suburb Insights for Elaine 3334

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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.