SOLD
Sold on 14 Aug 2024 for $680,000

Pinjarra Drive
Lockwood South VIC 3551

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 112058m2
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Property Details for Lot 31 Pinjarra Dr, Lockwood South

Building Type
Land
Land Size
112058m2
Local Government
Greater Bendigo
Lot/Plan
31/LP222606

Last Listing description (October 2024)

Situated in the highly sought after Lockwood South / Maldon district, this exceptional parcel of land is a perfect choice for those looking to set up a high-end horse property, build a striking architectural home (STCA), or pursue a hobby farming enterprise.

Undoubtedly one of the prettiest allotments in the area, the property offers beautiful views across the landscape from the highest point, sweeping around a full 360 degrees. This is an ideal site for a north-facing home that would boast a sensational outlook over the distant ranges, showcasing wonderful landmarks such as Big Hill and Mount Herbert.

Graced with a park-like setting, it is likely to be the most appealing place you have seen, or will see, for a long time. Nothing is here by accident ? deliberation has gone into maximising the collection of water, with extensive contours in place to ensure that all run-off is guided into the large, clean dam.

Care and consideration has also been given to tree placement. Well-established lemon scented gums line boundaries and appear in light groupings, and a line of English Oak trees traces an intended looping driveway. A pretty wattle tree near the dam, at the bottom of the property, will herald the coming of spring. However, the jewel in the crown is a stately gum tree, with a sprawling canopy and huge trunk, which takes pride of place in the middle of the property.

The property is suitable for all forms of livestock including cattle, horses and sheep, and is well fenced, predominantly with steel post and ringlock fencing. The land is mostly cleared with the occasional granite boulder. One of the natural benefits of this property is the granitic soil, which is soft and perfect for horse's hooves, as well as fast draining and suitable for winegrowing.

Pinjarra Drive provides excellent access to the property for large equipment such as trucks, horse floats and wide machinery. Power is readily available for connection across the road.

Please note: this property is zoned Farming and as such a planning permit is required to build. All interested parties should make their own enquiries to the City of Greater Bendigo Planning Department on 03 5434 6355.

While you are enjoying the wide-open space and the scenic views, you would never guess that you are only 15 minutes from Kangaroo Flat's Lansell Square or from historic Maldon, approximately 20 minutes from either Bendigo or Castlemaine and a very handy 90 minutes from the Melbourne fringe being on the Melbourne side of Bendigo.

This property is well and truly worthy of inspection, and presents a great opportunity to purchase one of the few remaining larger allotments that is still a blank canvas. If you have any questions or would like to discuss the property further, please contact Wayne Heard on 0409 248 477.

Property History for Lot 31 Pinjarra Dr, Lockwood South, VIC 3551

A timeline of how this property has performed in the market
Last Sold
$680,000
14 Aug 2024
  • 14 Aug 2024
    Sold for $680,000
  • 15 Jul 2024
    Listed for Sale UNDER CONTRACT
  • 11 Jan 2018
    Listed for Sale CONTACT AGENT
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About Lockwood South 3551

The size of Lockwood South is approximately 50.8 square kilometres. It has 1 park covering nearly 28.4% of total area. The population of Lockwood South in 2011 was 906 people. By 2016 the population was 958 showing a population growth of 5.7% in the area during that time. The predominant age group in Lockwood South is 10-19 years. Households in Lockwood South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lockwood South work in a professional occupation. In 2011, 90.9% of the homes in Lockwood South were owner-occupied compared with 92.4% in 2016.

Lockwood South has 472 properties. Over the last 5 years, Houses in Lockwood South have seen a 11.71% increase in median value, while Units have seen a 71.74% increase. As at 31 October 2024:

  • The median value for Houses in Lockwood South is $699,202 while the median value for Units is $598,071.
There are currently 3 properties listed for sale, and 1 property listed for rent in Lockwood south on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Lockwood south.

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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.