5/7 Plonk Gully RoadRedcastle VIC 3523
Property Details for 5/7 Plonk Gully Rd, Redcastle
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.
Property History for 5/7 Plonk Gully Rd, Redcastle, VIC 3523
- 09 Jul 2024Sold for $41,000
- 07 Jun 2024Listed 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 99 properties. As at 31 October 2024:
- The median value for Houses in Redcastle is $757,220 while the median value for Units is $344,432.
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