OFF MARKET

434 Ormond Road
Springbank VIC 3352

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 71m2
Land area: 323749m2
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Property Details for 434 Ormond Rd, Springbank

Building Type
Land
Year Built
1890
Floor Size
71m2
Land Size
323749m2
Local Government
Moorabool
Lot/Plan
3A~36/PP2279

Last Listing description (April 2023)

With highly-productive soils this property is 75% arable and would suit potato production or intensive grazing of cattle or fat lambs.

The old house and shedding requires extensive renovation and a Planning Permit would be required to improve the existing structures or build a new residence.

It is not a guaranteed Home Site as it is STCA from the Moorabool Shire and a purchaser would need a professional activity which is conducive to the Farm Zone to obtain a P/P to build.

This property is within easy access to the Freeway and is located approx. 20 minutes from Ballarat and 40 minutes to Melbourne.

The property features 2 small spring-fed dams and an unequipped bore.

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Property History for 434 Ormond Rd, Springbank, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$800,000
05 Jul 2023
  • 05 Jul 2023
    Sold for $800,000
  • 30 Mar 2021
    Listed for Sale $1,199,000 - $1,249,000
  • 26 Jul 2013
    Sold for $600,000
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About Springbank 3352

The size of Springbank is approximately 24.5 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Springbank in 2011 was 386 people. By 2016 the population was 103 showing a population decline of 73.3% in the area during that time. The predominant age group in Springbank is 50-59 years. Households in Springbank are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Springbank work in a managers occupation. In 2011, 82.1% of the homes in Springbank were owner-occupied compared with 74.2% in 2016..

Springbank has 69 properties. As at 30 September 2024:

  • The median value for Houses in Springbank is $788,635.
There are currently no properties listed for sale, and no properties listed for rent in Springbank on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Springbank.

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