OFF MARKET

55 Nicholsons Lane
Red Lion VIC 3371

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 519035m2
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Property Details for 55 Nicholsons Lane, Red Lion

Building Type
Land
Land Size
519035m2
Local Government
Central Goldfields
Lot/Plan
CP167642

Last Listing description (September 2013)

Nicholsons Lane, which runs off C288 (McCallums Creek Rd) has 2 entry points but is accessed only from the eastern end of lane (numbered 1-190) and is centered between Talbot and Maryborough. This property consists of 130 acres, fenced into 9 paddocks, with 6 dams (1 of greater size). The residence is a delightful 2 bedroom, timber home with country kitchen, living, bathroom (plus mud-room with shower), polished boards. Landscaped, award- winning gardens (Open Gardens Australia) include native plants,fruit trees,vegetables and herbs. There are fenced yards for the sheep, alpacas, ducks and hens, 3 tanks x 23,000 litres plus further tanks for house and garden. Extras: evap. cooling, wood fire, ducted gas heating. All power supplied by solar panels. Variety of shedding for farm machinery and cars etc. This property is a testiment not only to self sustainability but also to comforts and charm which are part of this country living.

Property History for 55 Nicholsons Lane, Red Lion, VIC 3371

A timeline of how this property has performed in the market
Last Sold
$385,000
29 Aug 2013
  • 29 Aug 2013
    Sold for $385,000
  • 07 Mar 2013
    Listed for Sale $395,000
  • 09 Oct 2006
    Sold for $250,000

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About Red Lion 3371

The size of Red Lion is approximately 31.6 square kilometres. It has 3 parks covering nearly 11.5% of total area. The population of Red Lion in 2011 was 483 people. By 2016 the population was 128 showing a population decline of 73.5% in the area during that time. The predominant age group in Red Lion is 50-59 years. Households in Red Lion are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Red Lion work in a community and personal service occupation. In 2011, 83.9% of the homes in Red Lion were owner-occupied compared with 100% in 2016..

Red Lion has 122 properties. Over the last 5 years, Houses in Red Lion have seen a 82.93% increase in median value, while Units have seen a 66.18% increase. As at 30 November 2024:

  • The median value for Houses in Red Lion is $548,747 while the median value for Units is $173,902.
There are currently 5 properties listed for sale, and no properties listed for rent in Red lion on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Red lion.

Suburb Insights for Red Lion 3371

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.