OFF MARKET

88 Commercial Road
Majorca VIC 3465

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4636m2
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Property Details for 88 Commercial Rd, Majorca

Building Type
Land
Land Size
4636m2
Local Government
Central Goldfields
Lot/Plan
2A~29A/PP5492

Last Listing description (December 2024)

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

A timeline of how this property has performed in the market
Last Sold
$69,000
04 Jun 2023
  • 27 Jun 2023
    Listed for Sale $75,000
  • 04 Jun 2023
    Sold for $69,000
  • 23 Nov 2021
    Listed 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 73.24% increase in median value. As at 30 November 2024:

  • The median value for Houses in Majorca is $512,569 while the median value for Units is $285,756.
There are currently 1 property listed for sale, and no properties listed for rent in Majorca on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Majorca.

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