SOLD
Sold on 07 Mar 2024 for $720,000

405 Cornwells Road
Riverslea VIC 3860

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Floor area: 179m2
Land area: 8100m2
Sold By
Wellington Real Estate Pty Ltd
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Property Details for 405 Cornwells Rd, Riverslea

Building Type
Rural
Year Built
1990
Floor Size
179m2
Land Size
8100m2
Local Government
Wellington
Lot/Plan
1/TP439577

Last Listing description (September 2024)

Located in the quiet farming community of Riverslea is this lifestyle property with a charming federation style residence that takes in the lovely views of the local landscape.
Set on approximately 0.8 of a hectare or two acres this property is an ideal block for the buyer looking for a bit of space.
The residence is full of the features you would expect in a federation style home, with its cathedral ceilings, timber daddo's, brick feature walls and a lovely north facing veranda that looks out to the mountain ranges.

The floorplan consists of three bedrooms and two bathrooms, with two living zones and a study nook. The natural timbers throughout, flow beautifully with the colour palate creating a feeling of warmth and character.
The property is divided into three paddocks, perfect for horses or a few head of cattle with the land being irrigated from the underground bore keeping the pasture green all year round.
Water tanks keep the water flowing to the home with an abundance of roof catchment.
The shedding is well taken care of with 190m2 of available space for all your equipment.
This property is an ideal property for tradesman or collector of vehicles, as there is so much shedding!

Property History for 405 Cornwells Rd, Riverslea, VIC 3860

A timeline of how this property has performed in the market
Last Sold
$720,000
07 Mar 2024
  • 07 Mar 2024
    Sold for $720,000
  • 04 Dec 2023
    Listed for Sale $745,000
  • 25 Jul 2022
    Sold for $700,000
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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 70.00% increase in median value. As at 30 September 2024:

  • The median value for Houses in Riverslea is $624,073 while the median value for Units is $330,039.
There are currently no properties listed for sale, and no properties listed for rent in Riverslea on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Riverslea.

Suburb Insights for Riverslea 3860

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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.