514 Mcgrath RoadStanhope VIC 3623
Property Details for 514 Mcgrath Rd, Stanhope
Last Listing description (August 2022)
Situated on the outskirts of town boundaries this 62 acre (25.1ha) property with 2 meg HRW features:
- 62 acre bank of rich fertile loamy soils which gives the owner the opportunity to carry out a wide range of farming initiatives: horticulture, market gardening or as it is now grazing stock and hay production
- Large portion of the farm has been lasered
- Troughs and electric fencing throughout the farm
- Farm completely drains; there is a 6" electric pump on a dam which collects drainage water
- Tree plantations throughout the farm to create a very attractive setting
- Shedding consists of 4 bay Colorbond machinery shed with power, large hay shed, set of steel cattle yards, cattle handling facilities (undercover)
- The farm boasts a very comfortable 3BR BV home with open plan living, R/C A/C, electric appliances, large sunroom, 6kw solar system plus a bungalow out the back
- The home is complimented with very neat established gardens & undercover area
- Main road frontage, central to major towns, 2 hours to Melbourne, school bus close by
Property History for 514 Mcgrath Rd, Stanhope, VIC 3623
- 15 Aug 2022Sold for $795,000
- 19 Jan 2022Sold for $80,000
- 06 Dec 2021Listed for Sale Contact Agent
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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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