694 Northern HighwayHeathcote VIC 3523
Property Details for 694 Northern Hwy, Heathcote
694 Northern Hwy, Heathcote is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 39869m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Heathcote in the last 12 months.
Last Listing description (May 2024)
Situated on a sprawling 10-acre allotment with a bore, this idyllic estate boasts an impressive 500 olive trees and a charming 3-bedroom brick home.
The warm and inviting 3-bedroom brick home, approximately 20 years young, has gone through a full internal renovation with a new kitchen, bathrooms, timber floors, downlights, roller blinds and a fresh re-paint that welcomes you with a spacious open plan design. The heart of the home is a generously proportioned kitchen, meals, and living area, complete with reverse cycles split system, a cozy wood heater, and a sliding door access to the front veranda. From here, you can bask in panoramic views of the entire property. All three bedrooms are equipped with Built-In Robes (BIRs), while the bathroom offers a vanity, a rejuvenating shower, and a separate toilet and laundry.
Outside improvements include a 6.3m x 7.5m shed with a concrete floor, ensuring ample storage and workspace for your endeavors. With two rainwater tanks, three dams, and an unmetered bore that has never dried out in the past 20 years, your water needs are efficiently met.
The approx 500 olive trees on the property have proven to be prolific, yielding 5,000kg of olives that have been transformed into 1000L of precious oil and 400kg of delectable table olives. Olive trees require minimal care therefore, you can either harvest and produce olive oil as a side income once a year (average income of $25k per annum) or enjoy the scenery of the olive trees.
A diverse orchard comprising approximately 80 fruit trees, including various apple and pear varieties, grapevines in both red and white hues, and nut trees. All trees are serviced be a irrigation system three dams and a quality bore, making watering an easy task.
The property offers two access points, one via a service road from the Northern Highway and the other via the rear entrance from the Mt Ida lookout road. Don't dream about it, do it!
Property History for 694 Northern Hwy, Heathcote, VIC 3523
- 21 Apr 2024Sold for $720,000
- 19 Oct 2023Listed for Sale Not Disclosed
- 26 Mar 2018Sold for $405,000
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0About Heathcote 3523
The size of Heathcote is approximately 130.9 square kilometres. It has 9 parks covering nearly 25.2% of total area. The population of Heathcote in 2011 was 2,775 people. By 2016 the population was 2,781 showing a population growth of 0.2% in the area during that time. The predominant age group in Heathcote is 60-69 years. Households in Heathcote are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Heathcote work in a trades occupation. In 2011, 80.4% of the homes in Heathcote were owner-occupied compared with 77.2% in 2016.
Heathcote has 2,457 properties. Over the last 5 years, Houses in Heathcote have seen a 71.45% increase in median value, while Units have seen a 95.11% increase. As at 31 October 2024:
- The median value for Houses in Heathcote is $563,024 while the median value for Units is $398,029.
- Houses have a median rent of $430 while Units have a median rent of $298.
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