SOLD
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Sold on 02 Aug 2024 for $49,000

3/9 Perrys Road
Redbank VIC 3477

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2275m2
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Property Details for 3/9 Perrys Rd, Redbank

3/9 Perrys Rd, Redbank is a 0 bedroom, 0 bathroom House. The property has a land size of 2275m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 0 bedroom House sold in Redbank in the last 12 months.

Building Type
House
Land Size
2275m2
Local Government
Pyrenees

Last Listing description (September 2024)

The demand for these simple residential blocks has been impressive, so now the last remaining ones are for sale, to be bought together for this price.

A rare opportunity to buy a residential land on two titles in a small country town for $49,000 - the perfect low cost real estate investment, or a spot to build a small holiday home or permanent home (STCA).

Lot 1 1517m2 (block with the dam)

Lot 3 758m2

In 1860 Gold was discovered in Redbank leading to about 2,000 people to rush to the area, however in 1861 gold was found elsewhere and much of the town relocated. What remains is a sleepy village 15 minutes from Avoca, 25 to St.Arnaud and 30 to Maryborough.

The land is zoned Township with mains power at the boundary, and is bordered by Navarre Street and Stony Crossing Road. An ideal chance to explore this beautiful part of Victoria, or simply hold onto the land for a future sale. Rear lane access due to culvert at the front.

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Property History for 3/9 Perrys Rd, Redbank, VIC 3477

A timeline of how this property has performed in the market
Last Sold
$49,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $49,000
  • 15 Mar 2024
    Listed for Sale Not Disclosed

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About Redbank 3477

The size of Redbank is approximately 136.1 square kilometres. It has 3 parks covering nearly 109% of total area. The population of Redbank in 2011 was 413 people. By 2016 the population was 88 showing a population decline of 78.7% in the area during that time. The predominant age group in Redbank is 70-79 years. Households in Redbank are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Redbank work in a managers occupation. In 2011, 86.5% of the homes in Redbank were owner-occupied compared with 87.3% in 2016..

Redbank has 172 properties. Over the last 5 years, Houses in Redbank have seen a 45.34% increase in median value. As at 31 October 2024:

  • The median value for Houses in Redbank is $366,647.
There are currently 10 properties listed for sale, and no properties listed for rent in Redbank on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Redbank.

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