OFF MARKET

3F Stony Crossing Road
Redbank VIC 3477

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 80937m2
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Property Details for 3f Stony Crossing Rd, Redbank

Building Type
Land
Land Size
80937m2
Local Government
Pyrenees

Last Listing description (February 2018)

Stony Crossing Road (also known as Racecourse Road) is an open area with 11 acres ( CA22E and CA23E) fenced and cleared with shade trees plus seasonal watering hole, whilst the remainding 9 acres CA3 (opposite side of the road) are uncleared with little or no fencing. CA22E and 23E combine in a very presentable parcel of land with gentle undulation and would support horses.
The property has been family owned for around 100 years. The old cross-country, Redbank race course is further down the road.
Redbank is 25k from Avoca.

Property History for 3f Stony Crossing Rd, Redbank, VIC 3477

A timeline of how this property has performed in the market
  • 05 Dec 2017
    Listed for Sale $49,500
  • 15 Jun 2015
    Listed for Sale $49,000

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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 171 properties. Over the last 5 years, Houses in Redbank have seen a 42.48% increase in median value. As at 31 August 2024:

  • The median value for Houses in Redbank is $337,574.
There are currently 7 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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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.