198 Geodetic Road NStanhope VIC 3623
Property Details for 198 Geodetic Rd N, Stanhope
Last Listing description (January 2023)
This 150 acre (60.72ha) property represents a great investment opportunity. The property features:
- 2 x 4 bedroom homes, one recently been lived in
- The 2nd is a 4 BR BV that needs a little repair but very liveable
- Soil ideal for various farming ventures; currently been used for cropping and grazing
- Tree plantations throughout the farm. Current owner uses the trees for the production of honey (bees)
- Excellent drainage
- Main road frontage, central to major towns, 2 hours to Melbourne
- 2 titles, 1 meg stock & domestic
This property represents excellent value, it won't last long.
Property History for 198 Geodetic Rd N, Stanhope, VIC 3623
- 23 Dec 2022Sold for $965,000
- 28 Nov 2022Listed for Sale $990,000
- 21 Oct 2021Sold for $800,000
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About Stanhope 3623
The size of Stanhope is approximately 72.2 square kilometres. The population of Stanhope in 2011 was 915 people. By 2016 the population was 820 showing a population decline of 10.4% in the area during that time. The predominant age group in Stanhope is 50-59 years. Households in Stanhope are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stanhope work in a managers occupation. In 2011, 78.2% of the homes in Stanhope were owner-occupied compared with 83% in 2016.
Stanhope has 502 properties. Over the last 5 years, Houses in Stanhope have seen a 111.77% increase in median value, while Units have seen a 29.05% increase. As at 31 October 2024:
- The median value for Houses in Stanhope is $346,906 while the median value for Units is $303,157.
- Houses have a median rent of $208.
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