398 James Lane, Fern Hill is a 6 bedroom, 3 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 23882m2 and floor size of 286m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Historic building in central location in the Macedon Ranges. Formerly the Railway Hotel, was delicensed over 40 years ago and has been used as a residence since. Opportunity for renovator to bring this grand old structure back to life. At approximately 30 squares it would lend itself to multiple uses other than pure residential, subject to Council Approval. Nine rooms include old bar, lounge, guest rooms etc. The land is approximately 5 acres of pasture with red volcanic soil suitable for horticulture. The surrounds of the building are set off with a grove of mature oaks and other exotics around which a great garden could be developed. Two excellent large sheds for storage, fodder and workshops and no shortage of water from the spring water bore.
The size of Fern Hill is approximately 17.6 square kilometres. The population of Fern Hill in 2011 was 1,410 people. By 2016 the population was 98 showing a population decline of 93.0% in the area during that time. The predominant age group in Fern Hill is 50-59 years. Households in Fern Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Fern Hill work in a professional occupation. In 2011, 83.9% of the homes in Fern Hill were owner-occupied compared with 63.1% in 2016..
Fern Hill has 62 properties.
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