11 Racecourse RoadNagambie VIC 3608
Property Details for 11 Racecourse Rd, Nagambie
11 Racecourse Rd, Nagambie is a 3 bedroom, 2 bathroom House and was built in 1980. The property has a land size of 11529m2 and floor size of 315m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (June 2022)
A tremendous opportunity emerges with this enormous 11,530m2 (2.8 acre) residential zoned property on the north fringe of the Nagambie township. The three bedroom brick veneer home is located at the front of the block with an extensive driveway allowing access to the home, sheds and the rear 8,000m2 (approx) The home has a combined kitchen dinning area, a formal lounge with cosy wood heater and a double garage converted into a huge family/games/entertaining area. The property has town water plus two 22,500 water tanks, ecofriendly with 15 solar panels and solar hot water, great shedding and various outbuildings. The delightful north facing verandah overlooking the tranquil farmland makes this property a wonderful home but the add on potential of 2.8 acres of residential zoned land in the exploding Nagambie region turns this property into an astute investment. This much loved property is a unique opening in an extremely tightly held area and has only become available due to the current owner downsizing
Property History for 11 Racecourse Rd, Nagambie, VIC 3608
- 27 Feb 2023Listed for Rent - Price not available
- 22 Jun 2022Sold for $870,000
- 26 May 2022Listed for Sale Online Auction - June 22nd 2022
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0About Nagambie 3608
The size of Nagambie is approximately 144.9 square kilometres. It has 8 parks covering nearly 0.6% of total area. The population of Nagambie in 2011 was 1,547 people. By 2016 the population was 1,863 showing a population growth of 20.4% in the area during that time. The predominant age group in Nagambie is 60-69 years. Households in Nagambie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nagambie work in a managers occupation. In 2011, 66.8% of the homes in Nagambie were owner-occupied compared with 70.9% in 2016.
Nagambie has 1,768 properties. Over the last 5 years, Houses in Nagambie have seen a 54.29% increase in median value, while Units have seen a 55.03% increase. As at 31 October 2024:
- The median value for Houses in Nagambie is $603,524 while the median value for Units is $414,303.
- Houses have a median rent of $495 while Units have a median rent of $310.
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