OFF MARKET

7-9 Austins Road
Elaine VIC 3334

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 14300m2
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Property Details for 7-9 Austins Rd, Elaine

Building Type
Land
Land Size
14300m2
Local Government
Moorabool

Last Listing description (June 2016)

Positioned in the community of Elaine situated between Ballarat and Geelong is this superb parcel of land comprising 1.43 HA in 6 lots but being offered as a whole. The property has 3 road frontages. Zoned Township zone, this provides a great opportunity to develop further into several building blocks (STCA) or for a family to purchase and have separate dwelling on own title for aging relative or parent in close proximity.
Elaine offers a local hotel with accommodation, a milk bar/service station and a rejuvenated recreation centre which provides a venue for football, netball and tennis. Elaine s neighbouring town of Meredith also hosts the renowned Meredith Music Festival each year which attracts many visitors to the area.
Seeking to build your new home? Then don t delay on this great parcel of land.

Property History for 7-9 Austins Rd, Elaine, VIC 3334

A timeline of how this property has performed in the market
  • 17 Feb 2016
    Listed for Sale $150,000 - $160,000

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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 67.92% increase in median value, while Units have seen a -48.26% decrease. As at 31 October 2024:

  • The median value for Houses in Elaine is $795,875 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.

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