OFF MARKET

156-158 Monbulk Road
Silvan VIC 3795

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 87000m2
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Property Details for 156-158 Monbulk Rd, Silvan

Building Type
Rural
Land Size
87000m2
Local Government
Yarra Ranges
Lot/Plan
CP108050

Last Listing description (January 2024)

Escape to the Yarra Valley.

Opportunity is knocking with this incredible 8.7 hectare/21 acre allotment (approx), nestled in the beautiful tourist mecca of the Yarra Valley.
Skirted by the Olinda Creek at the rear, the former strawberry farm presents the perfect opportunity for a tree change escape, with an aged 4 bedroom home in place, along with a carport and external shedding, all in need of some TLC.

Offering absolute privacy from the neighbours, consider restoring the home to it's former glory, or building a modern escape capitalising on the natural surroundings and beautiful views, as well as abundant room for additional dwellings (STCA).
Or think outside the square and consider restarting the farm, or a home-based business, as well as tapping into the potential of the thriving local tourism market, in an area that is renowned for it's scenic beauty and wide array of world famous wineries and restaurants, making it one of Australia's premier lifestyle and tourism regions.
Despite the relative seclusion, the amenity here is excellent with the larger townships of Monbulk and Lilydale just 10 minutes away by car, and Mt Evelyn a mere 5 minute trip, with shops, schools and services all available close to home.
With so much on offer here at the property, and in the surrounding districts, the home places you within reach of the Silvan Reservoir and walking tracks, the beautiful Dandenong Ranges with it's waterfalls and scenic experiences, and the Tessellaar Flower Farm with it's wonderful tulip festival each spring - just to name a few - the list is endless and there's so much to discover.
Start your tree-change and enquire today.

Zoning: Green Wedge Zone - Schedule 1

Property History for 156-158 Monbulk Rd, Silvan, VIC 3795

A timeline of how this property has performed in the market
Last Sold
$1,660,000
21 Nov 2023
  • 21 Nov 2023
    Sold for $1,660,000
  • 26 Oct 2023
    Listed for Sale $1,660,000
  • 29 Jul 1983
    Sold for $135,000

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About Silvan 3795

The size of Silvan is approximately 30.1 square kilometres. It has 5 parks covering nearly 5.2% of total area. The population of Silvan in 2011 was 1,220 people. By 2016 the population was 1,254 showing a population growth of 2.8% in the area during that time. The predominant age group in Silvan is 40-49 years. Households in Silvan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Silvan work in a managers occupation. In 2011, 80.1% of the homes in Silvan were owner-occupied compared with 86.2% in 2016.

Silvan has 548 properties. Over the last 5 years, Houses in Silvan have seen a 62.53% increase in median value. As at 31 October 2024:

  • The median value for Houses in Silvan is $1,217,878 while the median value for Units is $816,281.
There are currently 3 properties listed for sale, and no properties listed for rent in Silvan on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Silvan.

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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.