OFF MARKET

489 Mt Wellington Road
French Island VIC 3921

Bedrooms: 5
Bathrooms: 3
Car spaces: 5
Land area: 394663m2
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Property Details for 489 Mt Wellington Rd, French Island

489 Mt Wellington Rd, French Island is a 5 bedroom, 3 bathroom House with 5 parking spaces. The property has a land size of 394663m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Land Size
394663m2
Local Government
French-Elizabeth-Sandstone Islands
Lot/Plan
4~F/PP2621

Last Listing description (October 2018)

Ticks all the boxes
Waterviews, Acreage, Two Dwellings, No Council Rates, Under $1M
This brand new listing on 100 beautiful acres, was once a neighbour to Kylie Minogue, but lots of stars can still be seen from this 3-4 bedroom home with bonus separate bungalow.

Sitting proudly near Mt Wellington, the high point of French Island, the architecturally designed main home comprises 3 Bedrooms plus study or 4th bedroom, separate bathroom, master bedroom with ensuite bathroom and walk in robe. The open plan kitchen, dine and lounge is flooded with lots of natural light and has expansive northerly views over the pavilion-style entertaining deck, which also wraps around to the east for sunrise and to the west for spectacular sunsets. It also boasts a separate wc and laundry, two fireplaces, polished floorboards, beautiful feature ceilings, plenty of rainwater, large shed with carport and a fully off-grid energy system, including solar hot water. There are extensive views over the national park and beyond to the marine national park of Westernport Bay.
The 2 bedroom bungalow is unseen and completely private from the main home and offers potential as a rental, or as B&B accommodation. It comprises a north-facing deck, mezzanine, floorboards, open plan kitchen/lounge/dining room and its own entrance from Farm Road.
Be quick to secure this fine example of a versatile French Island property which will suit the astute buyer wanting to say goodbye to council rates and hello to the unique qualities of everything the very special French Island has to offer.

Property History for 489 Mt Wellington Rd, French Island, VIC 3921

A timeline of how this property has performed in the market
Last Sold
$940,000
29 Jun 2018
  • 29 Jun 2018
    Sold for $940,000
  • 12 Nov 2017
    Listed for Sale Not Disclosed
  • 13 Sep 1996
    Sold for $155,000

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About French Island 3921

The size of French Island is approximately 170.4 square kilometres. It has 1 park covering nearly 70.4% of total area. The population of French Island in 2011 was 116 people. By 2016 the population was 106 showing a population decline of 8.6% in the area during that time. The predominant age group in French Island is 60-69 years. Households in French Island are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in French Island work in a managers occupation. In 2011, 100% of the homes in French Island were owner-occupied compared with 85.5% in 2016..

French Island has 516 properties. Over the last 5 years, Houses in French Island have seen a 106.85% increase in median value, while Units have seen a 93.88% increase. As at 30 September 2024:

  • The median value for Houses in French Island is $1,135,458 while the median value for Units is $587,888.
There are currently 1 property listed for sale, and no properties listed for rent in French island on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in French island.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.