OFF MARKET

114 School Road
Erica VIC 3825

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Land area: 214358m2
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Property Details for 114 School Rd, Erica

Building Type
Rural
Land Size
214358m2
Local Government
Baw Baw
Lot/Plan
3/LP137987

Last Listing description (June 2013)

20.23ha (50 acres) Erica
What an opportunity if you are looking for a smaller acreage property to go farming. This very clean and flat property has a 3 bedroom brick veneer home plus ample shedding and a self contained brick unit. The fencing is in good condition throughout the property and there is ample water supply with 4 dams plus mains water supply to the house. The predominately red soil grows excellent pasture for stock or horses and would also be excellent for cropping. There is a large stand of mature chestnut trees, great views of the Baw Baw mountains and is an opportunity that shouldn't be missed. $495,000
PS: The adjoining 40.47ha (100 acres) is also available to purchase.

Property History for 114 School Rd, Erica, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$400,000
09 Aug 2013
  • 09 Aug 2013
    Sold for $400,000
  • 12 Dec 2012
    Listed for Sale $495,000
  • 07 Aug 2012
    Transferred
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About Erica 3825

The size of Erica is approximately 14.3 square kilometres. It has 1 park covering nearly 42.3% of total area. The population of Erica in 2011 was 324 people. By 2016 the population was 186 showing a population decline of 42.6% in the area during that time. The predominant age group in Erica is 60-69 years. Households in Erica are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Erica work in a trades occupation. In 2011, 80.5% of the homes in Erica were owner-occupied compared with 80.8% in 2016..

Erica has 156 properties. Over the last 5 years, Houses in Erica have seen a 74.17% increase in median value. As at 30 November 2024:

  • The median value for Houses in Erica is $430,769 while the median value for Units is $638,048.
There are currently 6 properties listed for sale, and no properties listed for rent in Erica on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Erica.

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