SOLD
Sold on 08 May 2024 for $950,000

8 Rivergum Road
Riddells Creek VIC 3431

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 35m2
Land area: 6473m2
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Property Details for 8 Rivergum Rd, Riddells Creek

8 Rivergum Rd, Riddells Creek is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 6473m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Riddells Creek in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
35m2
Land Size
6473m2
Local Government
Macedon Ranges
Lot/Plan
1/PS621245

Last Listing description (May 2024)

Situated on a generous corner allotment of 6,473 sqm (approx. 1.6 acres) this spacious home has plenty of room for the growing family, with the added bonus of income potential. Located only minutes to Riddells Creek town centre, primary school and V/Line rail service, you can live the ideal country lifestyle without compromising on convenience.

The versatile floorplan with dual entry offers options for revenue via Air BnB or as a partial rental as is currently offered, with a renter in place until March 2024. Close off one of the sunlit living areas, the two East facing double glazed bedrooms and a bathroom and have a separate retreat for guests or grandparents, or utilise the entire house for the family to spread out and enjoy.

The large central kitchen is the heart of the home, with freshly painted cabinets offering ample storage, loads of bench space and room for two fridges. Ducted gas heating and reverse cycle air conditioning provide warmth and comfort through the year, cosy up by the woodfire in the main living area or the stylish gas heater in the second living space. A newly installed solar system and electric heat pump hot water service further enhance the comfort of the home. All four good sized bedrooms have built in robes and throughout the house storage is plentiful with a huge laundry, store room and boot room plus an integrated double garage and an additional 7.2 x 4.2 metre lock up garage.

Mature trees provide shade and privacy and the enormous carport/alfresco is a great space for entertaining. There is fantastic opportunity to further develop the North facing garden overlooking the Macedon Ranges, with room to establish vegetable gardens, add a chicken coop and still have enough room for an expansive lawn. Take advantage of this opportunity to create your ideal country estate to enjoy for years to come.

Property History for 8 Rivergum Rd, Riddells Creek, VIC 3431

A timeline of how this property has performed in the market
Last Sold
$950,000
08 May 2024
Listed for Rent
$350/w
01 Sep 2023
  • 11 May 2024
    Listed for Sale $990,000 - $1,080,000
  • 08 May 2024
    Sold for $950,000
  • 04 Sep 2023
    Listed for Sale $990,000 - $1,080,000
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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 2,163 properties. Over the last 5 years, Houses in Riddells Creek have seen a 31.06% increase in median value, while Units have seen a 26.05% increase. As at 30 November 2024:

  • The median value for Houses in Riddells Creek is $977,590 while the median value for Units is $578,018.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 42 properties listed for sale, and 2 properties listed for rent in Riddells creek on OnTheHouse. According to CoreLogic's data, 72 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.