127 Lyell Rd, Redesdale is a 2 bedroom, 1 bathroom House and was built in 1985. The property has a land size of 80900m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Spectacular sunsets and breathtaking rising moons are the views you can expect at this perfect weekender, conveniently located only a ten-minute drive from Lake Eppalock. Also, an excellent entry level lifestyle property for those wanting a small acreage holding.
Easy maintenance, the cosy two-bedroom cottage has an adaptable floorplan that could be opened up to allow a free-flowing open plan living, dining and kitchen space. The larger of the bedrooms has a built-in robe and the kitchen has a small walk-in pantry with electric cooking. The bathroom and laundry have been combined to maximise the space. A solid fuel heater keeps the home snug.
The cottage sits on 20 acres and is set back from the road. External infrastructure includes a 40-foot container, shed, rainwater storage, bore and dam. The fencing is good and the property has several paddocks. A great lifestyle property with options only 30 minutes from Bendigo and minutes to Redesdales amenities including pub, general store, petrol station and caf.
The size of Redesdale is approximately 119.7 square kilometres. The population of Redesdale in 2011 was 272 people. By 2016 the population was 220 showing a population decline of 19.1% in the area during that time. The predominant age group in Redesdale is 60-69 years. Households in Redesdale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redesdale work in a trades occupation. In 2011, 83.5% of the homes in Redesdale were owner-occupied compared with 82% in 2016..
Redesdale has 294 properties. Over the last 5 years, Houses in Redesdale have seen a 32.33% increase in median value, while Units have seen a 50.26% increase. As at 30 November 2024:
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