88 Commercial RoadMajorca VIC 3465
Property Details for 88 Commercial Rd, Majorca
Last Listing description (July 2023)
Presently offering limited potential usages such as a site for short stays, possibly the construction of a storage shed (S.T.C.A) as currently as it is highly unlikely a planning permit can be obtained to build a dwelling on this property. This former section of road reserve is zoned "Farming", is rectangular in shape and is fenced on all boundaries with an approximate frontage of 21M and depth of 230M. Ideally situated only 13km from the historic township of Talbot and a short commute from the regional centres of Ballarat (60km) and Maryborough (9km).
Property History for 88 Commercial Rd, Majorca, VIC 3465
- 04 Jun 2023Sold for $69,000
- 12 May 2023Listed for Sale $75,000
- 23 Nov 2021Listed for Sale $79,000
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About Majorca 3465
The size of Majorca is approximately 68.1 square kilometres. It has 2 parks covering nearly 8.2% of total area. The population of Majorca in 2011 was 483 people. By 2016 the population was 205 showing a population decline of 57.6% in the area during that time. The predominant age group in Majorca is 50-59 years. Households in Majorca are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Majorca work in a managers occupation. In 2011, 83.9% of the homes in Majorca were owner-occupied compared with 86.6% in 2016..
Majorca has 195 properties. Over the last 5 years, Houses in Majorca have seen a 78.26% increase in median value, while Units have seen a -16.62% decrease. As at 31 October 2024:
- The median value for Houses in Majorca is $453,310 while the median value for Units is $285,756.
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