SOLD
Sold on 22 Jan 2024 for $505,000

17 Nello Drive
Reefton VIC 3799

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 6728m2
Sold By
Bell Real Estate
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Property Details for 17 Nello Dr, Reefton

Building Type
Rural
Year Built
1970
Floor Size
115m2
Land Size
6728m2
Local Government
Yarra Ranges
Lot/Plan
CP161562

Last Listing description (January 2024)

Take your time as you head up Nello Drive and find nestled at the end of a no through road this solid brick 4 Bedroom retreat that awaits your attention. Set amongst the trees and on a large allotment of approx. 6728sqm you will feel like you have won the jackpot here with so much space to absorb yourself in. If peace and quiet is what you seek and waking up to the sounds of birds and taking in the fresh air is on top of your agenda then look no further, gorgeous outlook at every glance. The home has a cosy open plan living and original kitchen with a wood fire to really make you feel like youre in the country. 4 generous bedrooms and simple bathroom makes this is an ideal place to call home or even the ideal weekender. Outside the highlight would have to be the expansive veranda that overlooks your land, a delightful spot to just unwind and take it all in, numerous sheds to explore and even a chook shed. Only a short drive out from the bustling town of Warburton and surrounded by fabulous places to explore, Upper Yarra Dam, Redwood forest and multiple walking tracks, an adventurous home for all to indulge in and enjoy the great outdoors.

Property History for 17 Nello Dr, Reefton, VIC 3799

A timeline of how this property has performed in the market
Last Sold
$505,000
22 Jan 2024
Listed for Rent
$350/w
16 Feb 2022
  • 22 Jan 2024
    Sold for $505,000
  • 26 Jun 2023
    Listed for Sale Not Disclosed
  • 07 Feb 2022
    Listed for Rent $350 / week
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About Reefton 3799

The size of Reefton is approximately 174.9 square kilometres. It has 4 parks covering nearly 105.4% of total area. The population of Reefton in 2011 was 221 people. By 2016 the population was 56 showing a population decline of 74.7% in the area during that time. The predominant age group in Reefton is 40-49 years. Households in Reefton are primarily couples with children and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Reefton work in a clerical occupation. In 2011, 84.1% of the homes in Reefton were owner-occupied compared with 103.4% in 2016..

Reefton has 93 properties. Over the last 5 years, Houses in Reefton have seen a 50.66% increase in median value. As at 31 October 2024:

  • The median value for Houses in Reefton is $577,036 while the median value for Units is $484,365.
There are currently no properties listed for sale, and no properties listed for rent in Reefton on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Reefton.

Suburb Insights for Reefton 3799

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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.