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Sold on 09 Jul 2024 for $41,000

5/7 Plonk Gully Road
Redcastle VIC 3523

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6317m2
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Property Details for 5/7 Plonk Gully Rd, Redcastle

Building Type
Commercial
Land Size
6317m2
Local Government
Greater Bendigo

Last Listing description (August 2024)

Seven separate titles sandwiched between the former Main and Strange Street, but now bisected by Plonk Gully Track and Redcastle Cemetery Road. They make a 3,600m2 offering, that's just under an acre. There's potential to sell separately in the future, or use now. Its a quiet part of the world, and this bush block is an ideal way to own a bit of history and your own part of the Aussie bush.

Located in the Farming Zone bush, it was was once part of the small township of Redcastle located in central Victoria 45 km east of Bendigo and 18 km north of Heathcote. The land is ideal for weekend pursuits, bush walking, mountain biking, gold prospecting or just owning a part of the Australian bush & Goldrush heritage.

Situated in the Farming Zone (FZ) means that this land is not suitable for residential use.

Redcastle was an isolated goldfield between the McIvor (Heathcote) diggings and the Waranga (Rushworth) diggings further north. It was discovered in 1859, and named the Balmoral Diggings. Bailliere's Victorian gazetteer (1865) recorded Redcastle as having police and court facilities, a post office, two hotels and three quartz-crushing mills: most gold was found in quartz reefs. Redcastle can be identified by numerous abandoned gold mines with State forest around three sides.

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Property History for 5/7 Plonk Gully Rd, Redcastle, VIC 3523

A timeline of how this property has performed in the market
Last Sold
$41,000
09 Jul 2024
  • 09 Jul 2024
    Sold for $41,000
  • 07 Jun 2024
    Listed for Sale $45,000

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About Redcastle 3523

The size of Redcastle is approximately 62.6 square kilometres. It has 4 parks covering nearly 71.3% of total area. The population of Redcastle in 2011 was 351 people. By 2016 the population was 55 showing a population decline of 84.3% in the area during that time. The predominant age group in Redcastle is 50-59 years. Households in Redcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redcastle work in a professional occupation. In 2011, 87% of the homes in Redcastle were owner-occupied compared with 93.3% in 2016..

Redcastle has 98 properties. As at 30 November 2024:

  • The median value for Houses in Redcastle is $783,554 while the median value for Units is $291,876.
There are currently no properties listed for sale, and no properties listed for rent in Redcastle on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Redcastle.

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