OFF MARKET

38 Caroline Morgan Road
Welshmans Reef VIC 3462

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 59112m2
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Property Details for 38 Caroline Morgan Rd, Welshmans Reef

Building Type
Land
Land Size
59112m2
Local Government
Mount Alexander
Lot/Plan
12A~1/PP3562

Last Listing description (November 2016)

Situated in a secluded bush setting with views to lake Cairn Curran and the distant hills, this allotment of 15 acres is the ideal weekender while building your new home.
With a current planning permit, the allotment features a dam, fencing and a timber cabin with separate shower-room, sink, flushing toilet, carport and shed.
Tank water, bottled fed gas hot water, solar lighting (with plugs to connect a generator) and abundant wildlife make this a superior retreat.

The property is situated on a no-through road about 7kms to Maldon and near lake Cairn Curran.

Property History for 38 Caroline Morgan Rd, Welshmans Reef, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$135,000
01 May 2016
  • 01 May 2016
    Sold for $135,000
  • 04 May 2015
    Listed for Sale $149,000
  • 09 Aug 2011
    Sold for $137,000
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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 22.09% increase in median value, while Units have seen a -4.91% decrease. As at 31 October 2024:

  • The median value for Houses in Welshmans Reef is $738,365 while the median value for Units is $494,986.
There are currently 3 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.