SOLD
Sold on 02 Jul 2024 for $3,400,000

427 Shands Road
Main Ridge VIC 3928

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 112907m2
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Property Details for 427 Shands Rd, Main Ridge

427 Shands Rd, Main Ridge is a 0 bedroom, 0 bathroom House. The property has a land size of 112907m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 0 bedroom House sold in Main Ridge in the last 12 months.

Building Type
House
Land Size
112907m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS339909

Last Listing description (August 2024)

Nestled in the highly desirable area of Shands Road amidst some of the most prestigious properties on the Mornington Peninsula, this enchanting 27.9-acre (approx.) parcel of land stands out as one of the last remaining vacant lots in the vicinity. Boasting an array of amenities, including a reliable water supply and meticulously designed cattle yards, it presents an exceptional opportunity to create your dream home (STCA), with the approval process already in progress.

Positioned away from the road, a meandering driveway unveils sweeping 360-degree views, immersing you in the serene countryside. The gently sloping land provides ample space to design your ideal residence, whether it's framing stunning vistas across the creek and valley or adding luxurious amenities like a pool and tennis court.

This prestigious address grants easy access to Main Ridge's amenities, cafes, and the vibrant communities of Red Hill and Flinders, as well as acclaimed wineries, restaurants, and recreational activities. With proximity to bay and surf beaches, national parks, walking trails, and golf courses, this property offers the perfect balance of convenience and tranquility for those seeking an idyllic lifestyle in the Hinterlands.

Property History for 427 Shands Rd, Main Ridge, VIC 3928

A timeline of how this property has performed in the market
Last Sold
$3,400,000
02 Jul 2024
  • 02 Jul 2024
    Sold for $3,400,000
  • 16 May 2024
    Listed for Sale SOLD: Undisclosed
  • 01 Jan 2021
    Sold for $3,150,000
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About Main Ridge 3928

The size of Main Ridge is approximately 27.2 square kilometres. It has 4 parks covering nearly 11.2% of total area. The population of Main Ridge in 2011 was 471 people. By 2016 the population was 438 showing a population decline of 7.0% in the area during that time. The predominant age group in Main Ridge is 60-69 years. Households in Main Ridge are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Main Ridge work in a professional occupation. In 2011, 81.4% of the homes in Main Ridge were owner-occupied compared with 84.1% in 2016..

Main Ridge has 354 properties. Over the last 5 years, Houses in Main Ridge have seen a 55.04% increase in median value. As at 30 November 2024:

  • The median value for Houses in Main Ridge is $3,415,336.
There are currently 5 properties listed for sale, and no properties listed for rent in Main ridge on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Main ridge.

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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.