OFF MARKET

397 Cornwells Road
Riverslea VIC 3860

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 163m2
Land area: 42251m2
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Property Details for 397 Cornwells Rd, Riverslea

Building Type
Rural
Year Built
1990
Floor Size
163m2
Land Size
42251m2
Local Government
Wellington
Lot/Plan
2/LP128116

Last Listing description (July 2023)

This charming brick veneer family home set on a stunning and tranquil 4.04 hectares (10acre) in a keenly sought after farming area, just 5 minutes' drive from Maffra, must be inspected to truly appreciate everything on offer here! Not only is it an amazing lifestyle property, with its fertile soil and water right, it is a viable and productive farm able to carry stock all year round.
The property offers everything you could hope for in escaping the hustle and bustle of the city life with a well-presented and maintained residence comprising 4 bedrooms, 2 living rooms including a light filled lounge and open plan family/meals area, a large well-appointed modern kitchen, 2 new bathrooms and updated laundry. Highlight features include a solid fuel heater, 2 split system air conditioners, fresh paint throughout, great storage, vinyl plank flooring and great window furnishings. In addition to this is a separate external office perfect for those working remotely or running a home-based business.
Externally the benefits really start to flow beginning with the amazing mountain views, beautiful surrounding gardens, undercover entertaining area, saltwater chlorinated solar heated pool with stunning sandstone paving and you will save on the power bills with the huge solar system.

The shedding is impressive with an array of storage/wood/hay sheds, a man cave shed with concrete flooring, power and lighting, plus a 14.5 x 6.5m workshop/machinery/storage There are 5 paddocks with animal shelters, electric fencing, sight wire, 14 Meg water right, a fully functional bore with watering system plus 2 large rainwater tanks. Adding to this fabulous package for the horse lovers there is a round yard, horse yard and sand base arena.
This is the perfect lifestyle property only a short drive into Maffra and well worth a look.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5144 4333

Property History for 397 Cornwells Rd, Riverslea, VIC 3860

A timeline of how this property has performed in the market
Last Sold
$905,000
23 Feb 2022
Listed for Rent
$400/w
26 Jul 2014
  • 23 Feb 2022
    Sold for $905,000
  • 25 Nov 2021
    Listed for Sale $880,000 - $950,000
  • 05 Apr 2017
    Sold for $560,000
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About Riverslea 3860

The size of Riverslea is approximately 25.5 square kilometres. The population of Riverslea in 2011 was 485 people. By 2016 the population was 140 showing a population decline of 71.1% in the area during that time. The predominant age group in Riverslea is 10-19 years. Households in Riverslea are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Riverslea work in a managers occupation. In 2011, 73.4% of the homes in Riverslea were owner-occupied compared with 69.6% in 2016..

Riverslea has 78 properties. Over the last 5 years, Houses in Riverslea have seen a 57.29% increase in median value. As at 31 August 2024:

  • The median value for Houses in Riverslea is $576,654 while the median value for Units is $338,630.
There are currently no properties listed for sale, and no properties listed for rent in Riverslea on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Riverslea.

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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.