OFF MARKET

518 Bamganie Road
Meredith VIC 3333

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 413m2
Land area: 713717m2
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Property Details for 518 Bamganie Rd, Meredith

Building Type
Land
Year Built
1980
Floor Size
413m2
Land Size
713717m2
Local Government
Golden Plains
Lot/Plan
1/PS606877

Last Listing description (March 2018)

A unique property located in the highly sought after Meredith district, the 5 bedroom home in a beautiful garden setting is ideally set up for a B&B business with a fully self-contained guest wing. Spectacular views to the south include the Otways and the lights of Geelong at night.
The residence comprises a formal lounge, two kitchens, three bathrooms, study, superb outdoor entertaining areas, wraparound verandas, cellar and a double garage.
Everything you need to run the farm is included - woolshed, sheep yards, workshop, cattle yards, and several other sheds. The property is watered by 4 dams, a bore and 100,000 lt. of rainwater storage.

Baree offers a fantastic country lifestyle with around 50 acres of natural bushland offering great walks, camp sites or horse riding trails, together with the added ability to generate an income from running sheep or cattle.
Located halfway between Ballarat and Geelong 35 minutes from the Ring Road which is ideal for Melbourne commuters. Truly a once in a lifetime opportunity.
Inspection By Appointment - Ken McDonald 0418 524 150

Property History for 518 Bamganie Rd, Meredith, VIC 3333

A timeline of how this property has performed in the market
Last Sold
$1,125,000
10 Jan 2018
  • 10 Jan 2018
    Sold for $1,125,000
  • 23 Oct 2017
    Listed for Sale $1,125,000
  • 26 Jun 2007
    Sold for $662,000
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About Meredith 3333

The size of Meredith is approximately 209.4 square kilometres. It has 4 parks covering nearly 4.5% of total area. The population of Meredith in 2011 was 738 people. By 2016 the population was 804 showing a population growth of 8.9% in the area during that time. The predominant age group in Meredith is 50-59 years. Households in Meredith are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Meredith work in a managers occupation. In 2011, 83.3% of the homes in Meredith were owner-occupied compared with 81.4% in 2016.

Meredith has 495 properties. Over the last 5 years, Houses in Meredith have seen a 61.07% increase in median value, while Units have seen a -37.73% decrease. As at 30 September 2024:

  • The median value for Houses in Meredith is $1,724,039 while the median value for Units is $293,299.
  • Houses have a median rent of $295.
There are currently 4 properties listed for sale, and no properties listed for rent in Meredith on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Meredith.

Suburb Insights for Meredith 3333

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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.