118-120 Smiths LanePearcedale VIC 3912
Property Details for 118-120 Smiths Lane, Pearcedale
118-120 Smiths Lane, Pearcedale is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 42209m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (January 2023)
A landmark rural lifestyle just became all the more enticing, with the increasingly rare prospect of purchasing a home ripe for renovation in the heart of horse country. Centrally positioned on 10 acres (approx.), this classic 3-bedroom blank canvas is the perfect place to materialise the imagination you've been waiting to unleash.
A traditional layout with a wraparound verandah features formal and casual living spaces with soaring ceilings and classic touches, separated by a central kitchen with a gas cooker and Bosch dishwasher. Three bedrooms line the hallway and include a master bedroom with a walk-through robe and ensuite, while a family bathroom, laundry and toilet service the remainder.
A largely flat and blank canvas, the property offers a variety of options for the savvy purchaser, including hobby farming, equine prospects, or even land banking. Located just under an hour from Melbourne, its setting is as enticing as its potential, with new shopping and schooling amenities at Botanic Ridge Village complementing its idyllic verdant serenity and proximity to South Gipplands and Westernport highways.
Property History for 118-120 Smiths Lane, Pearcedale, VIC 3912
- 19 Dec 2022Listed for Sale $1,600,000 - $1,690,000
- 14 Dec 2022Sold for $1,625,000
- 14 Mar 2017Listed for Sale $1,250,000 - $1,375,000
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About Pearcedale 3912
The size of Pearcedale is approximately 33.6 square kilometres. It has 12 parks covering nearly 2.9% of total area. The population of Pearcedale in 2011 was 3,870 people. By 2016 the population was 3,822 showing a population decline of 1.2% in the area during that time. The predominant age group in Pearcedale is 40-49 years. Households in Pearcedale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pearcedale work in a trades occupation. In 2011, 86.8% of the homes in Pearcedale were owner-occupied compared with 87.8% in 2016.
Pearcedale has 1,552 properties. Over the last 5 years, Houses in Pearcedale have seen a 40.00% increase in median value, while Units have seen a 39.10% increase. As at 31 October 2024:
- The median value for Houses in Pearcedale is $976,628 while the median value for Units is $684,057.
- Houses have a median rent of $750.
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