OFF MARKET

1974 Licola Road
Glenmaggie VIC 3858

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 858841m2
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Property Details for 1974 Licola Rd, Glenmaggie

Building Type
Rural
Land Size
858841m2
Local Government
Wellington
Lot/Plan
2/TP227656

Last Listing description (May 2016)

UNIQUE MACALISTER RIVER LIFESTYLE PROPERTY GLENMAGGIE
The Estate of J. W. Chomley

LAZY ACRES 1974 Licola Road 212 Acres 86 ha
A SENSATIONAL RIVER FRONTAGE HOLDING IN A MAGICAL LOCATION
ONLY MINUTES FROM THE RENOWNED LAKE GLENMAGGIE AND APPROX 20 KILOMETRES HEYFIELD. WONDERFUL VIEWS LOOKING TOWARD BEN CRUACHAN FRONTAGE ALSO TO GELLS ROAD.
A Unique Macalister River frontage property within a picturesque and private location. A balance of
spectacular native pasture and treed country to river flats.
Homestead
Sandstone brick residence approx. 5 years old in as new condition sited overlooking the Macalister
River. Comprising 3 bedrooms (main bedroom with ensuiteand walk in robe) 2 family rooms with main dining room/lounge providing expansive open plan living. Cathedral ceilings and electric ultra-modern kitchen with island bench and pantry. Second bathroom and many features including reverse cycle units, slow combustion heater and state of the art appointments. Adjoining double carport. Abundant water supply with electric pump on the river reticulating to tanks.
Water Right
48 Megalitre Licence plus Stock & Domestic Licence providing abundant water supply.
Second Home
Original home on the banks of the river in a magnificent poplar treed setting. 4 bedrooms bathroom lounge kitchen billiard room. Sundry sheds include machinery shed and 4 stand woolshed.

Property History for 1974 Licola Rd, Glenmaggie, VIC 3858

A timeline of how this property has performed in the market
Last Sold
$1,125,000
27 Aug 2016
  • 27 Aug 2016
    Sold for $1,125,000
  • 30 Sep 2014
    Listed for Sale Not Disclosed

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About Glenmaggie 3858

The size of Glenmaggie is approximately 226.2 square kilometres. It has 9 parks covering nearly 63.5% of total area. The population of Glenmaggie in 2011 was 291 people. By 2016 the population was 259 showing a population decline of 11.0% in the area during that time. The predominant age group in Glenmaggie is 60-69 years. Households in Glenmaggie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenmaggie work in a community and personal service occupation. In 2011, 90.3% of the homes in Glenmaggie were owner-occupied compared with 84.9% in 2016.

Glenmaggie has 294 properties. Over the last 5 years, Houses in Glenmaggie have seen a 27.50% increase in median value. As at 31 October 2024:

  • The median value for Houses in Glenmaggie is $406,525 while the median value for Units is $322,366.
There are currently 2 properties listed for sale, and no properties listed for rent in Glenmaggie on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Glenmaggie.

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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.