Location ideal for weekend retreats for just 1, 5 hours from Melbourne city with area (approx.) 7,87 ha (approx. 78,700m2 Or around 20 Acres)
Conveniently located with easy access to Bendigo and Melbourne via the Calder Freeway and only a short 10 minute drive to Malmsbury train station and Castlemaine this stunning Farming zone could become your perfect home site (S.T.C.A)... There are outstanding rural views....
The size of Elphinstone is approximately 84 square kilometres. It has 2 parks covering nearly 5.8% of total area. The population of Elphinstone in 2011 was 669 people. By 2016 the population was 551 showing a population decline of 17.6% in the area during that time. The predominant age group in Elphinstone is 50-59 years. Households in Elphinstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elphinstone work in a professional occupation. In 2011, 91.2% of the homes in Elphinstone were owner-occupied compared with 86.9% in 2016.
Elphinstone has 448 properties. Over the last 5 years, Houses in Elphinstone have seen a 28.48% increase in median value, while Units have seen a 32.14% increase. As at 31 October 2024:
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