551 Springhill RoadSpring Hill VIC 3444
Property Details for 551 Springhill Rd, Spring Hill
551 Springhill Rd, Spring Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 30617m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in November 2016.
Last Listing description (March 2017)
On a manageable 7 acres this whimsical lifestyle property is affordable entry buying into the tightly held hamlet of Spring Hill.
The private driveway meanders arriving at the modest yet character filled home, whilst comfortable offers scope for the new owner if desired. With 3 bedrooms and 2 living areas the excellent floorplan provides all rooms with calming garden views. There are polished timber floors and clean white walls throughout as well as the recently modernised kitchen and bathroom. The drinkable bore water supports the property's house, garden and stock.
The property is suitable for many lifestyle pursuits with 4 newly erected paddocks with electrified fencing appropriate for most livestock in particular horses. The current owners are only the 2nd since it was settled some 50 years ago with the legacy being the mature garden including many European trees which complement the stands of ancient towering Eucalypts. The property is in close proximity to the State Forest.
Property History for 551 Springhill Rd, Spring Hill, VIC 3444
- 06 Nov 2016Sold for $515,000
- 27 Oct 2016Listed for Sale $480,000 - $525,000
- 10 Nov 2015Listed for Rent $340 / week
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About Spring Hill 3444
The size of Spring Hill is approximately 47 square kilometres. It has 1 park covering nearly 11.3% of total area. The population of Spring Hill in 2011 was 296 people. By 2016 the population was 176 showing a population decline of 40.5% in the area during that time. The predominant age group in Spring Hill is 50-59 years. Households in Spring Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spring Hill work in a professional occupation. In 2011, 78.3% of the homes in Spring Hill were owner-occupied compared with 84% in 2016..
Spring Hill has 139 properties. Over the last 5 years, Houses in Spring Hill have seen a 53.09% increase in median value. As at 31 October 2024:
- The median value for Houses in Spring Hill is $1,255,802 while the median value for Units is $698,825.
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