OFF MARKET

50 Paps Lane
Maindample VIC 3723

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Land area: 408970m2
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Property Details for 50 Paps Lane, Maindample

Building Type
Land
Land Size
408970m2

Last Listing description (February 2019)

FOR SALE BY EXPRESSIONS OF INTEREST - CLOSING 31st JANUARY AT 4:00 PM
40.9 Hectares - 100 acres
Situated in the exclusive Mansfield district within minutes of Lake Eildon and close to Mt Buller ski resort, this immaculate lifestyle property offers a superb way of life. Comprising a very comfortable family home, idyllic garden setting with heated pool, quality farm improvements and versatile grazing country, 'Papillon' is well established and 'turn key' ready.

- Ranch style solid brick residence with 4 bedrooms and 2 bathrooms
- Spacious family home with two separate living areas with double sided wood fire
- Well appointed kitchen with ample storage and bench space
- Large internal garage with workshop plus lockable storage area
- Full return verandah and lush landscaped garden surrounds
- In-ground heated pool with sandstone paving - Picturesque setting
- Character filled timber bar with toilet and BBQ area
- Large machinery shed with self-contained one bedroom 'farmstayn- Original shearing shed with 4 stands and quality steel/timber sheep yards
- Well sheltered horse riding m nage
- 9KW solar power panels with dual inverters
- Versatile grazing country ideally suited to sheep, horses or cattle
- Outstanding water supply from large dams plus ample tank storages
- Reticulated stock trough system plus garden irrigation
- Five main paddocks with excellent fencing throughout
- Adjoining The Paps' at the rear boundary - State park land with iconic Mountain
- Jaw dropping views of Mt Buller, Mt Timbertop and The Bluff
- Located only 3 km from a boat ramp at Lake Eildon and 7 km from Mansfield township

Property History for 50 Paps Lane, Maindample, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$1,200,000
05 Mar 2019
  • 05 Mar 2019
    Sold for $1,200,000
  • 13 Dec 2018
    Listed for Sale Expecting offers over $1,000,000
  • 04 Jul 2018
    Listed for Sale $1,400,000
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About Maindample 3723

The size of Maindample is approximately 89.2 square kilometres. It has 2 parks covering nearly 0.9% of total area. The population of Maindample in 2011 was 4,359 people. By 2016 the population was 207 showing a population decline of 95.3% in the area during that time. The predominant age group in Maindample is 10-19 years. Households in Maindample are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maindample work in a trades occupation. In 2011, 69.6% of the homes in Maindample were owner-occupied compared with 72% in 2016..

Maindample has 168 properties. Over the last 5 years, Houses in Maindample have seen a 85.42% increase in median value, while Units have seen a 50.46% increase. As at 31 October 2024:

  • The median value for Houses in Maindample is $738,140 while the median value for Units is $629,869.
There are currently 3 properties listed for sale, and no properties listed for rent in Maindample on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Maindample.

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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.