SOLD
RECENT ADVICE
Sold on 18 Oct 2024 for $2,600,000

301 Gillies Road
Miners Rest VIC 3352

Bedrooms: 4
Bathrooms: 1
Car spaces: 9
Floor area: 148m2
Land area: 46337m2
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Property Details for 301 Gillies Rd, Miners Rest

Building Type
Land
Year Built
1975
Floor Size
148m2
Land Size
46337m2
Local Government
Ballarat
Lot/Plan
38~5/PP2542

Last Listing description (November 2024)

Raine & Horne Land Victoria Exclusively presents for sale a unique opportunity to acquire 4.634 ha (approximately 11.45 acres) in the Ballarat North Precinct Structure Plan (PSP) Expanded Areas. Currently zoned for farming, this parcel is situated in the Miners Rest area, providing a perfect blend of rural tranquility and proximity to urban amenities.

This property promises a serene rural lifestyle and still being conveniently close to essential services and recreational facilities.

Key Features are: -

• Approx. 4.634 ha (11.5 acres approx.)
• Corner property with two roads frontage
• Property is in Ballarat North PSP (Expanded Areas) (Currently Zoned Farming)
• Very close to all bigger amenities, Schools, Early Learning Centres
• Minutes' drive to Stockland Wendouree Shopping Centre and other retail
• Only 10-minute drive to Ballarat CBD & Ballarat Station
• Very short drive to western freeway
• An unparalleled opportunity to acquire an exceptionally rare and substantial parcel of real estate, offering limitless potential and unmatched value

301 Gillies Road, Miners Rest is For Sale by Expression of Interest closing Thursday 19 September 2024 at 4pm.

Contact Charanpreet Sandhu on +61 432 712 304 or Talwinder Dahiya on +61 435 486 458 today for further information and experience the beauty and serenity of this property.

Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 301 Gillies Rd, Miners Rest, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$2,600,000
18 Oct 2024
  • 18 Oct 2024
    Sold for $2,600,000
  • 15 Aug 2024
    Listed for Sale Expression of Interest closing 19th September
  • 25 May 2022
    Listed for Sale Contact Agent
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About Miners Rest 3352

The size of Miners Rest is approximately 30.8 square kilometres. It has 9 parks covering nearly 4.7% of total area. The population of Miners Rest in 2011 was 2,542 people. By 2016 the population was 3,089 showing a population growth of 21.5% in the area during that time. The predominant age group in Miners Rest is 0-9 years. Households in Miners Rest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Miners Rest work in a professional occupation. In 2011, 84.6% of the homes in Miners Rest were owner-occupied compared with 81.4% in 2016.

Miners Rest has 1,751 properties. Over the last 5 years, Houses in Miners Rest have seen a 28.00% increase in median value, while Units have seen a 38.07% increase. As at 30 November 2024:

  • The median value for Houses in Miners Rest is $563,470 while the median value for Units is $419,811.
  • Houses have a median rent of $448 while Units have a median rent of $300.
There are currently 19 properties listed for sale, and 1 property listed for rent in Miners rest on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Miners rest.

Suburb Insights for Miners Rest 3352

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Raine & Horne Land Victoria
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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.