SOLD
Sold on 08 Dec 2023 for $240,000

26 Rewells Lane
Welshmans Reef VIC 3462

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20200m2
Sold By
Jellis Craig Castlemaine
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Property Details for 26 Rewells Lane, Welshmans Reef

Building Type
Land
Land Size
20200m2
Local Government
Mount Alexander
Lot/Plan
58~C/PP3562

Last Listing description (November 2023)

Dreaming of creating your own tranquil oasis with room to move, maybe a horse or alpaca or two and a boat to enjoy the pleasures of water sports on Lake Cairn Curran, all within minutes of Maldon, Newstead and Castlemaine? If your answer is 'yes', 'yes', 'yes' then this is the block for you! The rectangular-shaped 5 acre (2.03 ha) parcel of land is in a picturesque Welshmans Reef setting opposite Maldon Nature Reserve and close to Muckleford State Forest so privacy is assured. Level to gently undulating and largely cleared, stands of native timber hug three boundaries. There's a planning permit for a dwelling in place so you can start designing your dream permanent home or weekend escape and enjoy the lifestyle you need, want and deserve. Boutique acreage of this calibre so close to all the urban amenities we need today is rare indeed. Now is the time to make your dream come true.

Property History for 26 Rewells Lane, Welshmans Reef, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$240,000
08 Dec 2023
  • 08 Dec 2023
    Sold for $240,000
  • 06 Oct 2023
    Listed for Sale $265,000
  • 09 Mar 2012
    Sold for $90,000

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About Welshmans Reef 3462

The size of Welshmans Reef is approximately 31.1 square kilometres. It has 1 park covering nearly 14.2% of total area. The population of Welshmans Reef in 2011 was 433 people. By 2016 the population was 239 showing a population decline of 44.8% in the area during that time. The predominant age group in Welshmans Reef is 10-19 years. Households in Welshmans Reef are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Welshmans Reef work in a professional occupation. In 2011, 82.3% of the homes in Welshmans Reef were owner-occupied compared with 86.9% in 2016..

Welshmans Reef has 162 properties. Over the last 5 years, Houses in Welshmans Reef have seen a 78.74% increase in median value, while Units have seen a -4.91% decrease. As at 31 August 2024:

  • The median value for Houses in Welshmans Reef is $801,789 while the median value for Units is $589,224.
There are currently 2 properties listed for sale, and no properties listed for rent in Welshmans reef on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Welshmans reef.

Suburb Insights for Welshmans Reef 3462

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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.