OFF MARKET

55 Favorite Hill Road
Pearcedale VIC 3912

Bedrooms: 2
Bathrooms: 1
Car spaces: 10
Floor area: 94m2
Land area: 40012m2
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Property Details for 55 Favorite Hill Rd, Pearcedale

55 Favorite Hill Rd, Pearcedale is a 2 bedroom, 1 bathroom House with 10 parking spaces and was built in 1970. The property has a land size of 40012m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Year Built
1970
Floor Size
94m2
Land Size
40012m2
Local Government
Casey
Lot/Plan
324/LP2474

Last Listing description (February 2020)

Here is an opportunity to move onto a beautiful piece of land in a fantastic location. With plenty of space for the horses in a tranquil country setting your next sea change is just around the corner!

- The home consists of 2 good sized bedrooms, a central bathroom, separate toilet and laundry, kitchen overlooking spacious lounge with wood fire heater & split system heating/cooling plus an outdoor alfresco area
- Loads of space for the horses with 8 paddocks including 2 great sized shelters & with extensive electric, post and rail fencing

- A massive shed ideally suited as a workshop/machinery shed including a side wood shelter plus a second sizeable garden/tool shed in addition to 7 large water tanks with a total capacity of 386,000 litres with an extensive pump & irrigation network around the property
- There is an abundance of well-established fruit trees on the block

Surrounded by quality acreage and properties, this is an opportunity to purchase in the peaceful rural community of Pearcedale, close to Cranbourne South Primary School and easy access to Westernport Highway for a commute to the city and Mornington Peninsula. For your own Private Inspection call Matt Dewan on 0416 638 019 or Brent Day on 0421 085 092.

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Property History for 55 Favorite Hill Rd, Pearcedale, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$1,125,000
18 Sep 2019
  • 18 Sep 2019
    Sold for $1,125,000
  • 02 Aug 2019
    Listed for Sale $1,175,000 - $1,225,000
  • 11 Jul 1988
    Sold for $210,000
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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 1,556 properties. Over the last 5 years, Houses in Pearcedale have seen a 37.36% increase in median value, while Units have seen a 33.47% increase. As at 30 November 2024:

  • The median value for Houses in Pearcedale is $982,976 while the median value for Units is $695,941.
  • Houses have a median rent of $750.
There are currently 13 properties listed for sale, and 1 property listed for rent in Pearcedale on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Pearcedale.

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