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2-16 Russell Street
Quambatook VIC 3540

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 128m2
Land area: 20234m2
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Property Details for 2-16 Russell St, Quambatook

Building Type
Commercial
Floor Size
128m2
Land Size
20234m2
Local Government
Gannawarra
Lot/Plan
73/LP6074

Last Listing description (April 2024)

* Approx 22,265m2 (5 ac) vacant land
* Semi treed previously identified as a site for an aged care facility
* Plans available

* Property already subdivided and on 19 titles with services nearby
* On the edge town within easy walking distance to town center

This 5 acre blank canvas presents multiple options for use. Already consisting of 19 titles the site was previously earmarked for an aged care facilities, something the rural towns are always in need of.
Other options include developing the site and service the blocks or simply sell the blocks individually as they are.

Alternatively this is a real oppuntinty to "Land Bank", tidy up the site and simply enjoy the block as weekend escape.

Quambatook is an appealing Northern Victorian rural town with friendly locals and within easy reach of the larger towns of Kerang (40kms) and Swan Hill (55kms). Well known as the Town where Iconic Music Producer and Countdown Host Ian "Molly" Meldrum along with Country Music Legend John Williamson grew up, Quambatook also boasts a good range of amenities: a golf course, cafe, swimming pool, a recreation reserve, a community health centre, a hotel, shops, Silo Cinema, Bowling Club and Resource Centre.

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Property History for 2-16 Russell St, Quambatook, VIC 3540

A timeline of how this property has performed in the market
Last Transferred
15 Feb 2005
  • 17 Aug 2022
    Listed for Sale $195,000
  • 30 Mar 2017
    Listed for Sale Private Sale
  • 15 Feb 2005
    Transferred

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About Quambatook 3540

The size of Quambatook is approximately 334.9 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Quambatook in 2011 was 360 people. By 2016 the population was 235 showing a population decline of 34.7% in the area during that time. The predominant age group in Quambatook is 50-59 years. Households in Quambatook are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Quambatook work in a managers occupation. In 2011, 77.9% of the homes in Quambatook were owner-occupied compared with 82.9% in 2016.

Quambatook has 270 properties. Over the last 5 years, Houses in Quambatook have seen a 139.06% increase in median value. As at 31 August 2024:

  • The median value for Houses in Quambatook is $253,092.
There are currently 2 properties listed for sale, and no properties listed for rent in Quambatook on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Quambatook.

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