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Sold on 09 May 2024 for $400,000

61 Pennos Road
Taradale VIC 3447

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8624m2
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Property Details for 61 Pennos Rd, Taradale

Building Type
Land
Land Size
8624m2
Local Government
Mount Alexander
Lot/Plan
1/TP970171

Last Listing description (May 2024)

Located within the township boundary of historic Taradale, this highly prized hill top allotment overlooks the township and the landmark railway viaduct with postcard views of the surrounding district.

Embrace the quiet village life and grab this opportunity to begin your tree change or scale up from a smaller town property.

Taradale has a small town community spirit, in a wider area renowned for its festivals, farmers markets and community mindedness.

• Nearby convenience store/service station/ post office
• 10 minutes to the Kyneton Fast Rail
• 15 minutes to Castlemaine
• 3 minutes to Malmsbury
• Mains power along the road

Vacant land is becoming increasingly scarce in this region. If you have been searching for something pretty special for your forever home, then this rare hill top parcel hits the mark. The location could not be more ideal, nestled between Kyneton and Castlemaine with a choice of great primary and secondary schools and express train services, an easy 30 minute trip to Bendigo or direct to Melbourne and the Airport via the Calder Freeway in about 1 hour.

** We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 61 Pennos Rd, Taradale, VIC 3447

A timeline of how this property has performed in the market
Last Sold
$400,000
09 May 2024
  • 13 May 2024
    Sold for $400,000
  • 09 May 2024
    Sold for $400,000
  • 29 Apr 2024
    Listed for Sale $400,000 - $440,000
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About Taradale 3447

The size of Taradale is approximately 48.6 square kilometres. It has 2 parks covering nearly 32.4% of total area. The population of Taradale in 2011 was 463 people. By 2016 the population was 475 showing a population growth of 2.6% in the area during that time. The predominant age group in Taradale is 60-69 years. Households in Taradale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Taradale work in a professional occupation. In 2011, 86.3% of the homes in Taradale were owner-occupied compared with 88.1% in 2016.

Taradale has 428 properties. Over the last 5 years, Houses in Taradale have seen a 85.76% increase in median value, while Units have seen a 16.89% increase. As at 31 July 2024:

  • The median value for Houses in Taradale is $879,154 while the median value for Units is $436,941.
There are currently 9 properties listed for sale, and no properties listed for rent in Taradale on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Taradale.

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