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Sold on 27 Dec 2023 - Price Unavailable

1955 Mansfield-Woods Point Road
Macs Cove VIC 3723

Bedrooms: 6
Bathrooms: 4
Car spaces: 3
Land area: 41.7ha
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Property Details for 1955 Mansfield-Woods Point Rd, Macs Cove

Building Type
Rural
Land Size
41.7ha
Local Government
Mansfield
Lot/Plan
1/PS619588

Last Listing description (December 2023)

This versatile 103 acre property currently provides multiple income streams, with the unique solid brick home a popular listing on Airbnb and the breeding cattle achieving great prices at market, delivering a 6 figure annual revenue for the farm. You could retain the current manager or run it all yourself to maximise your return. There are 5 well fenced paddocks each with a dam, and there is the potential to extend the agistment agreement for the 2 neighbouring properties of 100 acres each. The stockyards are fit for purpose and there is a substantial machinery shed set well away from the houses.
And speaking of houses (in the plural)…The 3 bedroom 2 bathroom brick home is complemented by a ranch style cottage with 2 bedrooms plus a bunkroom and 2 bathrooms. Linking the two homes is a staircase overlooking a stunning parterre garden on the site of the original tennis court.
Our favourite spot on the property is the hilltop rotunda overlooking the Howqua inlet of Lake Eildon. The perfect setting to enjoy a sunset picnic with your nearest or dearest...and maybe a lovely cold beverage or two!

There is the opportunity to purchase this property ‘walk in walk out’ by negotiation, with high quality furnishings and well maintained farm equipment. So you can really hit the ground running!
The price guide is $1,800,000 - $1,980,000 based on recent sales of similar sized properties in the district, but all offers will be considered. Please send an enquiry for more information about the property and income along with the links to book an inspection and submit an offer.

Property History for 1955 Mansfield-Woods Point Rd, Macs Cove, VIC 3723

A timeline of how this property has performed in the market
Last Sold
27 Dec 2023
  • 27 Dec 2023
    Sold for $1,500,000
  • 21 Dec 2022
    Listed for Sale $1,950,000 - $2,145,000
  • 28 Feb 2014
    Sold for $590,000
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About Macs Cove 3723

The size of Macs Cove is approximately 5.2 square kilometres. It has 2 parks covering nearly 2.5% of total area. The population of Macs Cove in 2011 was 512 people. By 2016 the population was 82 showing a population decline of 84.0% in the area during that time. The predominant age group in Macs Cove is 60-69 years. Households in Macs Cove are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Macs Cove work in a labourer occupation. In 2011, 73.8% of the homes in Macs Cove were owner-occupied compared with 84.2% in 2016.

Macs Cove has 182 properties. Over the last 5 years, Houses in Macs Cove have seen a 111.18% increase in median value. As at 31 August 2024:

  • The median value for Houses in Macs Cove is $611,044 while the median value for Units is $218,883.
There are currently 1 property listed for sale, and no properties listed for rent in Macs cove on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Macs cove.

Suburb Insights for Macs Cove 3723

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Jenny Gould
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Allana Storer
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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.