Set in the quiet hamlet of Elaine, this block is ready to build on now.
Located only 30 mins from Ballarat and Bannockburn and 50 mins from Geelong, you can have the quiet country life you want knowing that all the conveniences you need are only a short drive away. Side and rear fenced and with a great rural aspect, this property is ideal for your dream family home (subject to council approval). With plenty of work going on with the wind farms and more land developments happening in the area, this could just be the next boom area!Leave the city behind and enjoy the serenity that only country living can offer.
Planning permit issued for development and use of a dwelling.
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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