SOLD
Sold on 30 May 2024 for $510,000

2 Bluegum Circuit
Riddells Creek VIC 3431

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 266m2
Land area: 1529m2
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Property Details for 2 Bluegum Cct, Riddells Creek

Building Type
Land
Year Built
2024
Floor Size
266m2
Land Size
1529m2
Local Government
Macedon Ranges
Lot/Plan
172/PS616819

Last Listing description (August 2024)

This tightly held prestigious estate now offers the astute buyer an opportunity to acquire one of the very few remaining allotments in this coveted location.

Surrounded by newer quality family residences on similar land sizes, this is perfect for those wanting to establish a home with the convenience of possible side access perfect for that large extra garage/workshop. Capturing the attractive surrounding views will only enhance your investment.

Fully serviced, near level land, with generous frontage which would accommodate many diverse house plans. The local vibrant Township boasts popular cafes/restaurants, local school/shops, parklands and well serviced V-Line train. Also offering an easy commute to the freeway taking you to Melbourne Airport/CBD or escape to the nearby Macedon Ranges.

For further information please contact our office directly. Do not hesitate.

Property History for 2 Bluegum Cct, Riddells Creek, VIC 3431

A timeline of how this property has performed in the market
Last Sold
$510,000
30 May 2024
  • 30 May 2024
    Sold for $510,000
  • 27 Mar 2024
    Listed for Sale $520,000 - $550,000

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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 2,154 properties. Over the last 5 years, Houses in Riddells Creek have seen a 45.03% increase in median value, while Units have seen a 28.13% increase. As at 31 October 2024:

  • The median value for Houses in Riddells Creek is $1,028,537 while the median value for Units is $581,520.
  • Houses have a median rent of $555 while Units have a median rent of $485.
There are currently 40 properties listed for sale, and 5 properties listed for rent in Riddells creek on OnTheHouse. According to CoreLogic's data, 70 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.