OFF MARKET

15 Racecourse Road
Riddells Creek VIC 3431

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 992m2
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Property Details for 15 Racecourse Rd, Riddells Creek

15 Racecourse Rd, Riddells Creek is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 992m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1980
Floor Size
118m2
Land Size
992m2
Local Government
Macedon Ranges
Lot/Plan
6/LP57503

Last Listing description (November 2021)

Overlooking the cherished green parkland and sporting facilities of Riddells Creek Recreational Reserve, and a mere stroll to the local Primary School, Main Road, and train station, this strategic landholding presents a fine opportunity that will pique interest for lifestyle seekers, first homebuyers, and developers alike.

Currently occupying the site is a three bedroom, one bathroom, solid brick home just yearning for a new start. Inside the home, features worth noting is the woodfire heater for warmth, fresh window furnishings, hardwood floors and electric appliances in the country-style kitchen, and split AC in the lounge. Outdoors, you've got a huge parcel of lawn to enjoy, private low maintenance gardens, town water, workshop, ample undercover parking, and of course direct access to the park.

The generous land size (approx. 992m2) presents a myriad of options to move in, renovate, or create the most sumptuous of places to call home (STCA). And with a location as perfect as this, its carte blanch for options.

Property History for 15 Racecourse Rd, Riddells Creek, VIC 3431

A timeline of how this property has performed in the market
Last Sold
$693,589
27 Oct 2021
Listed for Rent
$400/w
26 Sep 2018
  • 27 Oct 2021
    Sold for $693,589
  • 08 Oct 2021
    Listed for Sale Under Offer
  • 11 Sep 2018
    Listed for Rent $400 / week
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About Riddells Creek 3431

The size of Riddells Creek is approximately 72.2 square kilometres. It has 3 parks covering nearly 5.3% of total area. The population of Riddells Creek in 2011 was 3,752 people. By 2016 the population was 3,932 showing a population growth of 4.8% in the area during that time. The predominant age group in Riddells Creek is 40-49 years. Households in Riddells Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riddells Creek work in a professional occupation. In 2011, 89.9% of the homes in Riddells Creek were owner-occupied compared with 87.9% in 2016.

Riddells Creek has 2,136 properties. Over the last 5 years, Houses in Riddells Creek have seen a 39.61% increase in median value, while Units have seen a 42.01% increase. As at 31 July 2024:

  • The median value for Houses in Riddells Creek is $1,004,754 while the median value for Units is $575,556.
  • Houses have a median rent of $560 while Units have a median rent of $460.
There are currently 36 properties listed for sale, and 3 properties listed for rent in Riddells creek on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Riddells creek.

Suburb Insights for Riddells Creek 3431

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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.