OFF MARKET

188 Summerhill Road
Redesdale VIC 3444

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3264865m2
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Property Details for 188 Summerhill Rd, Redesdale

Building Type
Land
Land Size
3264865m2
Local Government
Mount Alexander
Lot/Plan
34K3/PP3446

Last Listing description (June 2015)

Approx. 843.28 Acres (341.27 ha) plus 102.79 Acres (41.59 ha) of unused road and water frontage licence
Major grazing enterprise with an outstanding water supply from river, creeks and dams.
Versatile balance of quality grazing country suited to sheep, cattle, stud, breeding and wool growing.

Premier Location
Private lane access from sealed Metcalfe-Redesdale Road, approximately (20mins) 32 km North of Kyneton and 62 km Bendigo, just over one hour Melbourne via Calder freeway (approx. 116 km). Long frontage to the picturesque Coliban River offering 11 Titles with magnificent rolling views towards Mount Aleaxnder.
Country
Excellent balance of heavy black soils to sandy loams, offering undulating improved and native pastures plus stunning Red gum country on the Coliban River. Subdivided into 14 main paddocks with majority of the fencing being recently replaced, approx. 250 acres of cropping country ideal for hay production with the balance being aerial seeded and fertilized.
Water
'The Falls' has an outstanding water supply from various sources, which includes approx. 14 dams and approx. 3 km of Coliban River frontage.
Improvements
Good sized 3 stand shearing shed and yards, steel cattle yards with crush and loading ramp.

Property History for 188 Summerhill Rd, Redesdale, VIC 3444

A timeline of how this property has performed in the market
Last Sold
$26,901
19 Dec 2014
  • 30 May 2015
    Listed for Sale $1,500,000
  • 19 Dec 2014
    Sold for $26,901
  • 19 Dec 2014
    Sold for $150,512
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About Redesdale 3444

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 290 properties. Over the last 5 years, Houses in Redesdale have seen a 82.56% increase in median value, while Units have seen a -9.47% decrease. As at 31 October 2024:

  • The median value for Houses in Redesdale is $944,864 while the median value for Units is $781,858.
There are currently 4 properties listed for sale, and no properties listed for rent in Redesdale on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Redesdale.

Suburb Insights for Redesdale 3444

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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.