OFF MARKET

1589 Mountain Highway
Sassafras VIC 3787

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2941m2
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Property Details for 1589 Mountain Hwy, Sassafras

Building Type
Land
Land Size
2941m2
Local Government
Yarra Ranges
Lot/Plan
35/LP12973

Last Listing description (July 2023)

From the beautiful terraced landscape to the brilliant location between Sassafras township and The Basin, this rare allotment offers an outstanding opportunity. Securing 2,943sqm (approx.) of lush natural land with the sound of its own creek in the background, this is the perfect place for a brand new build (STCA).

Majestic mature trees including pine and chestnut provide this sun-filled block with an established feel. A fern gully frames the creek and the circular drive and large rain tank make it easy to envisage how a home will settle nicely into these surrounds.

Properties in this tightly-held, park-like neighbourhood are hard to come by, so this may be the moment you've been waiting for. Certain to impress, prompt inspection is advised. Plan your viewing today.

Terraced 2,943sqm (approx.) allotment ready for a brand new build (STCA)
Circular drive and rain tank onsite
Exquisite mature trees and tree fern lined creek
Ample open space with abundant sunlight
Easy access to Sassafras and The Basin townships

Property History for 1589 Mountain Hwy, Sassafras, VIC 3787

A timeline of how this property has performed in the market
Last Sold
$425,000
07 Jul 2023
  • 07 Jul 2023
    Sold for $425,000
  • 02 Apr 2022
    Listed for Sale $480,000
  • 04 Jan 2018
    Sold for $390,000
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About Sassafras 3787

The size of Sassafras is approximately 4.7 square kilometres. It has 12 parks covering nearly 83.7% of total area. The population of Sassafras in 2011 was 1,148 people. By 2016 the population was 1,055 showing a population decline of 8.1% in the area during that time. The predominant age group in Sassafras is 40-49 years. Households in Sassafras are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sassafras work in a professional occupation. In 2011, 88.8% of the homes in Sassafras were owner-occupied compared with 90.4% in 2016.

Sassafras has 509 properties. Over the last 5 years, Houses in Sassafras have seen a 33.26% increase in median value, while Units have seen a 63.05% increase. As at 31 October 2024:

  • The median value for Houses in Sassafras is $1,052,371 while the median value for Units is $877,480.
  • Houses have a median rent of $475.
There are currently 6 properties listed for sale, and no properties listed for rent in Sassafras on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Sassafras.

Suburb Insights for Sassafras 3787

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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.