OFF MARKET

6-8 Hoban Street
Watchem VIC 3482

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 3280m2
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Property Details for 6-8 Hoban St, Watchem

6-8 Hoban St, Watchem is a 2 bedroom, 1 bathroom House. The property has a land size of 3280m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Land Size
3280m2
Local Government
Buloke
Lot/Plan
1/LP81326

Last Listing description (October 2019)

Reduced to $30,000 or nearest offer.
The owners had only begun renovations on this property and have owned it for a short period of time but serious ill health has meant that they can no longer continue with the project.
You may be able to continue the task and fulfill the dream of the current owner to bring the property back to its former glory.

You will be buying a substantial parcel of land of over 3,250 sq. mts or over 3/4 acre in the hamlet of Watchem between Donald and Birchip in north west Victoria.
With the land you get the old post office (formerly the bakery outlet), a small solid brick shop with a counter area, serving area and rear room. Power has been connected to this premises with an outside power point the only outlet. Connecting within the building would be a simple task.
You also get the old Watchem bakery which consists of a cement floored baking area (behind the brick facade) which could easily become a garage and a renovators delight bakers residence. This needs a lot of work but consists of two bedrooms, a kitchen, lounge area and bathroom. Some work has been commenced with aluminium windows fitted. The toilet is located outside but could be built into the premises.
In the large back yard is the original, brick construction, bakery ovens. From the remains you can still make out the ovens.
Watchem has a hotel, general store, swimming pool, large historic Catholic Church (now owned by the community) and beautiful Watchem Lake, which offers water sports (including skiing), camping, playground equipment and modern facilities.
An interesting proposition! Call Rob on 0467 044484 for more information or to arrange an inspection.

Property History for 6-8 Hoban St, Watchem, VIC 3482

A timeline of how this property has performed in the market
Last Sold
$33,000
15 Oct 2019
  • 15 Oct 2019
    Sold for $33,000
  • 09 Jul 2019
    Listed for Sale $30,000
  • 13 Mar 2019
    Sold for $45,000
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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 111.38% increase in median value. As at 30 September 2024:

  • The median value for Houses in Watchem is $179,974 while the median value for Units is $362,883.
There are currently 2 properties listed for sale, and no properties listed for rent in Watchem on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Watchem.

Suburb Insights for Watchem 3482

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.