OFF MARKET

1 Frankels Lane
Marong VIC 3515

Bedrooms: 4
Bathrooms: 2
Car spaces: 9
Floor area: 268m2
Land area: 49138m2
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Property Details for 1 Frankels Lane, Marong

Building Type
Rural
Year Built
2002
Floor Size
268m2
Land Size
49138m2
Local Government
Greater Bendigo
Lot/Plan
3/LP147838

Last Listing description (May 2020)

This large, solid brick homestead is set back off the road, ideally positioned halfway between the amenities of both Maiden Gully and Marong. With a large circular driveway leading up to the sweeping wraparound verandah, this spacious family home on 12 acres (approx.) offers plenty of room both inside and out.

The ranch-style home provides ample character and country features including the tessellated tiling of the main entry, high ceilings throughout, decorative ceiling roses and period style skirtings and architraves. The property enjoys three spacious living areas: a formal lounge leading to a study; a huge rumpus room at one end of the house; and a central open plan kitchen, living and dining room. The contemporary country kitchen features slate flooring, modern appliances, ample storage and uninterrupted views out to the rear garden.


The master bedroom can be found at the formal end of the home. This large room includes split system heating and cooling, ceiling fan, a walk-in robe and an ensuite with corner spa and separate toilet. French doors lead out to a private area of the verandah. At the other end of the home are three remaining bedrooms, all with ceiling fans and two with a built-in robe. This area of the home also features a family bathroom, linen closets and separate toilet.

The main house yard is zoned for a variety of activities, including a basketball half court with shelter; salt-chlorinated, heated, inground swimming pool; a large concreted alfresco area ideal for outdoor entertaining; a gazebo; and established garden beds. Beyond this area are three sheds with roller or sliding door storage for seven vehicles, plus a carport offering additional storage. At one end of the property is a large dam and shelter, and infrastructure is in place ensuring the property is completely self-sustaining with regards to water.

Additional features include:
Split system heating and cooling and ceiling fans throughout
Solid fuel heating in formal lounge
Modern kitchen appliances including four-burner electric cooktop, wall oven with separate grill and dishwasher
3 x water tanks with 150,000l capacity
Septic system
Dam (approx. 3meg) with shelter
Pump from dam to garden
Ample shedding
Solar hot water system (1kw)
Access to Coliban Water channel (no water right)

Property History for 1 Frankels Lane, Marong, VIC 3515

A timeline of how this property has performed in the market
Last Sold
$350,000
27 Jul 2022
  • 27 Jul 2022
    Sold for $350,000
  • 28 Apr 2020
    Sold for $760,000
  • 06 Mar 2019
    Listed for Sale $850,000 - $900,000
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About Marong 3515

The size of Marong is approximately 76.1 square kilometres. It has 2 parks covering nearly 1.8% of total area. The population of Marong in 2011 was 901 people. By 2016 the population was 1,438 showing a population growth of 59.6% in the area during that time. The predominant age group in Marong is 0-9 years. Households in Marong are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marong work in a trades occupation. In 2011, 83% of the homes in Marong were owner-occupied compared with 82.1% in 2016.

Marong has 1,167 properties. Over the last 5 years, Houses in Marong have seen a 54.71% increase in median value, while Units have seen a 69.69% increase. As at 31 October 2024:

  • The median value for Houses in Marong is $677,079 while the median value for Units is $470,909.
  • Houses have a median rent of $500.
There are currently 13 properties listed for sale, and 1 property listed for rent in Marong on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Marong.

Suburb Insights for Marong 3515

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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.