50 Old Macclesfield Rd, Monbulk is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 40195m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
***UNDER CONTRACT UNTIL 19th NOVEMBER***
If you are looking for a rural lifestyle and to own that dream hobby farm, this could be your greatest opportunity. Privately positioned on a quiet street, nestled amongst the growers and producers of the Yarra Valley, the natural beauty of the Ranges and the equine community Macclesfield is famous for. Located only 43 km from Melbourne s CBD, this is one of the best rural locations on the fringe of the most liveable city in the world it s hard to beat that. The grand 1950 s weatherboard home is asking for some TLC but has all the hallmarks of an excellent investment, as it will surely reward the right buyer with improved capital value, which is another word for tax free dollars! This large family home boasts 4 huge bedrooms plus a study or 5th bedroom. The open plan kitchen and dining room adjoin the lounge and open deck, where you look down over the property and beyond, without seeing neighbours. This is the place you ll love to be in, soak up the serenity and enjoy your animals. The charming features of the home include ornate plasterwork , timber floors throughout, timber picture-rails and cabinetry, large steel windows, leadlight light shades made in Olinda, and a federation period bathroom complete with a clawfoot tub.
The Land
The size of Monbulk is approximately 20.3 square kilometres. It has 12 parks covering nearly 6.2% of total area. The population of Monbulk in 2011 was 3,456 people. By 2016 the population was 3,583 showing a population growth of 3.7% in the area during that time. The predominant age group in Monbulk is 40-49 years. Households in Monbulk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monbulk work in a trades occupation. In 2011, 81.4% of the homes in Monbulk were owner-occupied compared with 79.4% in 2016.
Monbulk has 1,655 properties. Over the last 5 years, Houses in Monbulk have seen a 38.25% increase in median value, while Units have seen a 26.80% increase. As at 31 October 2024:
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