324 Black Forest DriveMacedon VIC 3440
Property Details for 324 Black Forest Dr, Macedon
Last Listing description (November 2008)
MACEDON CARAVAN PARK
FREEHOLD INVESTMENT
ASKING PRICE $1,280,000.00
LOT 1
- CURRENTLY LEASED AS A CARAVAN PARK
- LEASE TERM 25 YEARS BEING 5+4 X5 COMMENCING 9TH JANUARY 2004
- CURRENT RENTAL $61,000 P/A CPI RTM
- TOTAL AREA LOT 1 3.704 HECTARES
LOT 2
- VACANT LAND
- 4.910 HECTARES
ZONING
- LOW DENSITY RESIDENTIAL
LOCATION
THE SUBJECT PROPERTY IS LOCATED ON THE NORTHERN SIDE OF BLACK FOREST DRIVE, JUST TO THE WEST OF ITS INTERSECTION WITH MCBEAN AVENUE, AND IS SITUATED IN THE TOWNSHIP OF MACEDON, APPROXIMATELY 60 KILOMETRES BY ROAD NORTH WEST FROM THE MELBOURNE CENTRAL BUSINESS DISTRICT.
THE MACEDON RANGES SHIRE COVERS A GEOGRAPHIC AREA OF APPROXIMATELY 1,747 SQUARE KILOMETRES AND HAS A POPULATION OF APPROXIMATELY 30,000 LOCAL RESIDENTS. IT IS RENOWN FOR ITS SEMI-RURAL LIFESTYLE AND THE CHARACTER OF ITS NUMEROUS HISTORIC TOWNSHIPS AND, DUE TO ITS POSITION WITHIN ONE HOURS DRIVING TIME FROM MELBOURNE, IS BECOMING INCREASINGLY POPULAR AS A COMMUTER SUBURB FOR RESIDENTS EMPLOYED IN THE NORTHERN SUBURBS, AND IN PARTICULAR, AT TULLAMARINE AIRPORT.
BEST USE
- RESIDENTIAL RETIREMENT VILLAGE (STCA)
- SUBDIVISIONAL BUILDING BLOCKS (STCA)
- LONG TERM INVESTMENT
BROKERS COMMENTS
STRATEGICALLY LOCATED WITHIN 1 HOURS EASY TRAVELLING FROM MELBOURNE, IDEAL OPPORTUNITY TO REDEVELOP OR SUBDIVIDE €“ ENORMOUS POTENTIAL VERY COMMITTED VENDORS.
CONTACT EXCLUSIVE BROKER STEVE COOPER FOR FURTHER DETAILS ON 0400 099 845
Property History for 324 Black Forest Dr, Macedon, VIC 3440
- 06 Aug 2009Sold for $1,500,000
- 28 Jun 2008Listed for Sale $1,280,000 FREEHOLD INVESTMENT
- 01 Aug 1996Sold for $350,000
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0About Macedon 3440
The size of Macedon is approximately 39.2 square kilometres. It has 9 parks covering nearly 6.3% of total area. The population of Macedon in 2011 was 1,864 people. By 2016 the population was 2,038 showing a population growth of 9.3% in the area during that time. The predominant age group in Macedon is 40-49 years. Households in Macedon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macedon work in a professional occupation. In 2011, 87% of the homes in Macedon were owner-occupied compared with 85.7% in 2016.
Macedon has 892 properties. Over the last 5 years, Houses in Macedon have seen a 29.26% increase in median value, while Units have seen a 20.03% increase. As at 31 August 2024:
- The median value for Houses in Macedon is $1,166,347 while the median value for Units is $871,828.
- Houses have a median rent of $625.
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