SOLD
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Sold on 23 Sep 2024 for $260,000

31 Elgin Road
Maryborough VIC 3465

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 2036m2
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Property Details for 31 Elgin Rd, Maryborough

31 Elgin Rd, Maryborough is a 4 bedroom, 1 bathroom House. The property has a land size of 2036m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Maryborough in the last 12 months.

Building Type
House
Land Size
2036m2

Last Listing description (September 2024)

Positioned on the fringe of town, this expansive 2036m² (approx.) property offers an exceptional development opportunity with access from both Elgin Road and Crimea Street. Whether you're a developer looking for your next project or someone with a vision for their dream home, this is the perfect canvas (STCA.)
Zoned residential and with essential services available, the property provides ample space for redevelopment (STCA). The existing dwelling is in need of significant repair or demolition and has termite damage. The land is mostly cleared and offers a superb location, just a short drive from the town centre and local amenities.
Don't miss out on this prime opportunity to secure a large, versatile block with immense potential.

Vendor's statement available upon request.

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Property History for 31 Elgin Rd, Maryborough, VIC 3465

A timeline of how this property has performed in the market
Last Sold
$260,000
23 Sep 2024
  • 18 Sep 2024
    Sold for $260,000
  • 13 Sep 2024
    Listed for Sale $269,000

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About Maryborough 3465

The size of Maryborough is approximately 48 square kilometres. It has 16 parks covering nearly 40% of total area. The population of Maryborough in 2011 was 7,631 people. By 2016 the population was 7,922 showing a population growth of 3.8% in the area during that time. The predominant age group in Maryborough is 60-69 years. Households in Maryborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maryborough work in a labourer occupation. In 2011, 68.8% of the homes in Maryborough were owner-occupied compared with 66.6% in 2016.

Maryborough has 5,350 properties. Over the last 5 years, Houses in Maryborough have seen a 54.09% increase in median value, while Units have seen a 31.48% increase. As at 30 November 2024:

  • The median value for Houses in Maryborough is $347,926 while the median value for Units is $280,108.
  • Houses have a median rent of $370 while Units have a median rent of $310.
There are currently 151 properties listed for sale, and 13 properties listed for rent in Maryborough on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Maryborough.

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