SOLD
Sold on 22 May 2024 for $610,000

522 Maldon-Newstead Road
Welshmans Reef VIC 3462

Bedrooms: 3
Bathrooms: 1
Car spaces: 10
Floor area: 114m2
Land area: 8032m2
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Property Details for 522 Maldon-Newstead Rd, Welshmans Reef

Building Type
Rural
Year Built
1975
Floor Size
114m2
Land Size
8032m2
Local Government
Mount Alexander
Lot/Plan
36~C/PP3562

Last Listing description (July 2024)

Nestled in the hamlet of Welshmans Reef and halfway between Maldon and Newstead is this superb smaller country holding.

There is two acres, a dam, a very gently sloping block with an electric reticulated watering system covering the whole two acres which can be operated automatically.

There is a spacious concrete floor and powered shed that can easily fit four cars and a workshop. Some various other shedding also.

THE HOUSE:

Consists of a Log Cabin design but is outfitted with modern conveniences and is very low maintenance.

Consider this:

- New electrical switchboard and new power points in all bedrooms.

- New electric wiring for security lighting.

- New power supply to shed.

- Wood fire heater as well as split system air conditioning.

- New carpet in lounge room and bedrooms.

- New curtains in all bedrooms.

- New security doors on all doors.

- Solar power as well as main grid power.

- Starlink satellite dish providing brilliant internet connection.

- Solar powered watering system.

- Full water filtration system for the house.

- Exterior of house recently re-painted.

- Alfresco garden area has been fitted with mist sprayers.

This very comfortable and compact home is definitely ready to move into immediately as you can see by the photos.

Inspection times are flexible. Please contact us to view this property.

Ed - 0418 360 194

Xavier - 0429 332 282

Property Code: 87

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Property History for 522 Maldon-Newstead Rd, Welshmans Reef, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$610,000
22 May 2024
  • 22 May 2024
    Sold for $610,000
  • 11 Jan 2024
    Listed for Sale $630,000 - $670,000
  • 28 Jun 2021
    Sold for $515,000
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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 23.79% increase in median value, while Units have seen a -4.91% decrease. As at 30 November 2024:

  • The median value for Houses in Welshmans Reef is $748,667 while the median value for Units is $509,974.
There are currently 4 properties listed for sale, and no properties listed for rent in Welshmans reef on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Welshmans reef.

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