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Sold on 19 Dec 2023 for $595,000

422 Sims Lane
Homebush VIC 3465

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 162.1ac
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Property Details for 422 Sims Lane, Homebush

Building Type
Rural
Land Size
162.1ac
Local Government
Pyrenees
Lot/Plan
29B~4/PP2680

Last Listing description (December 2023)

Situated on five titles this substantial allotment represents a rare opportunity to secure land in the well held location. Mainly cleared and arable, the land is improved with mostly new boundary fencing, six catchment dams and is fenced into 6 main paddocks. Mains power is already connected to the property which is improved with a ranch style home which is in need of works. The existing dwelling accommodates four bedrooms, two bathrooms and two living areas and is in original condition (Originally Built Circa 1978). There is also some older style sundry shedding surrounding the home. Additionally and included in the sale assignment of two old possessory titles to the purchase titles contained in the property with a combined area of approximately 1.1HA or (2.7 Acres). Outstanding opportunity to secure a substantial parcel of land to make your own with an opportunity to redevelop the existing improvements.

Property History for 422 Sims Lane, Homebush, VIC 3465

A timeline of how this property has performed in the market
Last Sold
$595,000
19 Dec 2023
  • 15 Dec 2023
    Sold for $595,000
  • 23 Aug 2023
    Listed for Sale $600,000
  • 23 Mar 2022
    Transferred
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About Homebush 3465

The size of Homebush is approximately 37.7 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Homebush in 2011 was 413 people. By 2016 the population was 29 showing a population decline of 93.0% in the area during that time. The predominant age group in Homebush is 0-9 years. Households in Homebush are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Homebush work in a managers occupation. In 2011, 86.5% of the homes in Homebush were owner-occupied compared with 54.6% in 2016..

Homebush has 48 properties. Over the last 5 years, Houses in Homebush have seen a 202.15% increase in median value. As at 30 September 2024:

  • The median value for Houses in Homebush is $683,551.
There are currently 2 properties listed for sale, and no properties listed for rent in Homebush on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Homebush.

Suburb Insights for Homebush 3465

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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.