1 Newry StreetWatchem VIC 3482
Property Details for 1 Newry St, Watchem
Last Listing description (February 2023)
Here is a chance to purchase your own piece of Australia with this 999m2 block with a Township zoning. Watchem is a friendly but small Mallee town between between Birchip and Donald on the Sunraysia Highway. In the 2016 census it had a population of 114 people with it's main attraction being the very popular Watchem lake. The power runs past the block and town water is across the street. There is no mains gas or sewerage in the town so a septic system would have to be installed if you were to build your dream home. There is also a rear lane running across the back boundary.
Property History for 1 Newry St, Watchem, VIC 3482
- 11 Oct 2022Sold for $25,000
- 01 Sep 2022Listed for Sale Under Contract
- 02 May 2017Sold for $12,000
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About Watchem 3482
The size of Watchem is approximately 112.9 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Watchem in 2011 was 455 people. By 2016 the population was 116 showing a population decline of 74.5% in the area during that time. The predominant age group in Watchem is 60-69 years. Households in Watchem are primarily couples with children and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Watchem work in a managers occupation. In 2011, 83.6% of the homes in Watchem were owner-occupied compared with 69.6% in 2016..
Watchem has 147 properties. Over the last 5 years, Houses in Watchem have seen a 108.18% increase in median value. As at 31 October 2024:
- The median value for Houses in Watchem is $178,630 while the median value for Units is $362,883.
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