OFF MARKET

47 Lovick Lane
Merrijig VIC 3723

Bedrooms: 5
Bathrooms: 2
Car spaces: 8
Floor area: 242m2
Land area: 114700m2
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Property Details for 47 Lovick Lane, Merrijig

Building Type
Land
Year Built
2013
Floor Size
242m2
Land Size
114700m2
Local Government
Mansfield
Lot/Plan
1/PS734875

Last Listing description (June 2022)

This incredibly private and peaceful property is only 10 minutes from the gates of Mt Buller and Mt Stirling but a world away from the crazy tourist traffic. You can ride your horse out the front gate and straight into 'Man from Snowy River' country with amazing trails and scenery. The booming regional town of Mansfield is about 15 minutes drive and there's a school bus service with a stop within walking distance.

The deceptively spacious house is very comfortable and freshly refurbished, including a new kitchen complete with a huge Caesar-stone island bench . It has the perfect North facing solar aspect and there's 2 separate living areas with the zoned floorplan perfect for a growing family. Children can be watching a movie or playing games in their section while the parents relax in the main living area, work in the study and retire to the master suite at the opposite end of the house to the 3 children's bedrooms. It would also be well suited for holiday rental accommodation for large groups with high demand throughout the entire year now.

The house is great but the main attractions of this property are definitely outside. Bucolic views with not a single neighbour in sight (or earshot) and Timbertop Creek that meanders through the paddocks with a lovely swimming hole and plenty of yabbies and trout. It's like having your own private river!

The owners have spent a lot of time and money eradicating weeds and improving the pasture. The rich creek flats soil has given them head start and the land is incredibly productive now. There is water to all the paddocks and sheep yards with a ramp. A great selection of established fruit trees and the 'Chook Hilton' complete the self-sufficiency package.

The horse paddocks feature electric fencing plus there's a level arena area and a round yard. A watertight shipping container has been remodelled into a great tack room. The adjacent shed/studio could easily be converted into additional accommodation (STCA) as it is insulated with an air-conditioner already in place. There's also a decent hay storage area plus a huge high span machinery shed with one bay featuring a concrete floor and power which would be a great spot to build an office. If you are looking to run a business from home there's lots of parking space in a big level area well away from the house.

Did we mention the light? And the crisp fresh air? There's something really special about twilight in this part of the world. We highly recommend you schedule your inspection in the late afternoon, take a seat on the north facing alfresco and imagine what it will be like to call this amazing part of the world home.

Property History for 47 Lovick Lane, Merrijig, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$1,700,000
08 Jul 2022
  • 08 Jul 2022
    Sold for $1,700,000
  • 15 Apr 2022
    Listed for Sale $1,900,000 - $2,090,000
  • 02 Feb 2017
    Sold for $740,000
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About Merrijig 3723

The size of Merrijig is approximately 157.3 square kilometres. It has 1 park covering nearly 46% of total area. The population of Merrijig in 2011 was 705 people. By 2016 the population was 539 showing a population decline of 23.5% in the area during that time. The predominant age group in Merrijig is 10-19 years. Households in Merrijig are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrijig work in a professional occupation. In 2011, 67.6% of the homes in Merrijig were owner-occupied compared with 73.4% in 2016.

Merrijig has 539 properties. Over the last 5 years, Houses in Merrijig have seen a 90.52% increase in median value, while Units have seen a 106.66% increase. As at 31 October 2024:

  • The median value for Houses in Merrijig is $905,746 while the median value for Units is $623,658.
  • Houses have a median rent of $500.
There are currently 18 properties listed for sale, and 1 property listed for rent in Merrijig on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Merrijig.

Suburb Insights for Merrijig 3723

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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.