OFF MARKET

86-168 Nortons Road
Parwan VIC 3340

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3403070m2
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Property Details for 86-168 Nortons Rd, Parwan

Building Type
Land
Land Size
3403070m2
Local Government
Melton
Lot/Plan
6/LP5327

Last Listing description (October 2006)

An outstanding opportunity to secure substantial acreage approximately 50km from Melbourne. 316 Acres - 127.5 ha
Gently undulating red soil country renowned for cereal cropping and grazing. The Parwan-Balliang Cup awarded to The Nortons in the 1930's for outstanding oat crops is testament to the property's productivity.
An ideal cropping-grazing-breeding property which in particular lends itself to horse interests with its 1000 metre training track. There are numerous old sheds some being steel framed which may be refurbished.

The original homestead is in poor condition. The 2 bedroom cottage comprises living room, kitchen and laundry.

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Property History for 86-168 Nortons Rd, Parwan, VIC 3340

A timeline of how this property has performed in the market
Last Transferred
24 Nov 2016
  • 24 Nov 2016
    Transferred
  • 04 Jul 2016
    Sold for $1,896,000
  • 04 Feb 2007
    Sold for $1,100,000
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About Parwan 3340

The size of Parwan is approximately 78.5 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Parwan in 2011 was 311 people. By 2016 the population was 151 showing a population decline of 51.4% in the area during that time. The predominant age group in Parwan is 60-69 years. Households in Parwan are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Parwan work in a trades occupation. In 2011, 90.4% of the homes in Parwan were owner-occupied compared with 60.4% in 2016..

Parwan has 123 properties. Over the last 5 years, Houses in Parwan have seen a 46.28% increase in median value. As at 30 November 2024:

  • The median value for Houses in Parwan is $1,227,807.
There are currently 8 properties listed for sale, and 1 property listed for rent in Parwan on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Parwan.

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