3483 Frankston-Flinders RoadMerricks VIC 3916
Property Details for 3483 Frankston-Flinders Rd, Merricks
Last Listing description (April 2024)
Owning a prestigious dress circle position with panoramic district views, this unique and tightly-held property is located a mere 2km from the celebrated Point Leo Estate and 4km from Merricks beach, surrounded by outstanding wineries and farm gates. Encompassing approximately 23 acres of undulating rural serenity and with a near-original early-1930s homestead, this is a unique opportunity to take ownership of an illustrious property, proudly retained by the same prominent family since the area's first allocation of land to settlers.
Neighbouring the heritage-listed c1880 Cole's Family home, 'Minto' and capturing glimpses of Westernport Bay, 'Seagrove', is imbued with the relatively untouched character and holds immense potential for restoration, contemporary enhancement, and the opportunity to start a fresh family dynasty with a new build (STCA). This remarkable opportunity presents itself as a gateway to various lifestyle pursuits and an exhilarating future, with the unparalleled chance to experience the Peninsula dream in a stunning location that offers an exceptional quality of life.
Property History for 3483 Frankston-Flinders Rd, Merricks, VIC 3916
- 07 Nov 2023Sold for $8,100,000
- 03 Oct 2023Listed for Sale Under Contract
- 06 May 2023Sold for $9,000,000
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0About Merricks 3916
The size of Merricks is approximately 11.9 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Merricks in 2011 was 1,171 people. By 2016 the population was 175 showing a population decline of 85.1% in the area during that time. The predominant age group in Merricks is 50-59 years. Households in Merricks are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Merricks work in a managers occupation. In 2011, 84.1% of the homes in Merricks were owner-occupied compared with 84.8% in 2016..
Merricks has 145 properties. Over the last 5 years, Houses in Merricks have seen a 30.11% increase in median value, while Units have seen a -26.01% decrease. As at 31 October 2024:
- The median value for Houses in Merricks is $2,645,956 while the median value for Units is $2,038,003.
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