Vacant Land - What an opportunity!
Surrounded by State Forrest this secluded approximately 25 acre parcel is ideal for the creation of a life style sanctuary. Approximately 1 hour from the Bolte Bridge up the new Calder Freeway access to Melbourne CBD is a breeze, close to Castlemaine and not much further to Bendigo you are surrounded by all your heart could possibly desire.
Gently undulating with numerous home sites this property will suit the astute buyer who recognised that the potential here is only limited to the lucky purchasers imagination. Build today or sometime in the future or simply invest in this rural plot you will be glad you did!
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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