OFF MARKET

543 Maldon-Newstead Road
Welshmans Reef VIC 3462

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 22247m2
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Property Details for 543 Maldon-Newstead Rd, Welshmans Reef

Building Type
Land
Land Size
22247m2
Local Government
Mount Alexander
Lot/Plan
54A~C/PP3562

Last Listing description (May 2017)

Nestled well away from the road in a private setting with frontage to Sandy Creek this 5 acre retreat is the perfect rural living property. The home has a wide verandah entrance and a huge rear north facing entertaining deck. Living is open plan with polished timber floors, timber kitchen and includes exposed beam Cathedral ceilings, Pine dado and reverse cycle heating and cooling. There are 3 bedrooms including the main bedroom that has built in robes and glass doors to the deck plus bathroom, laundry and separate toilet. The land is partially cleared with some light bush and has 3 grazing paddocks, carport, large workshop with concrete floors and power, veggie gardens, ample water storage and a bore. The property has a permit from council to keep 8 dogs with secure fencing and runs. Located only moments from Lake Cairn Curran and close to Maldon and Newstead this property is the perfect retreat from busy life.

Property History for 543 Maldon-Newstead Rd, Welshmans Reef, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$320,000
21 Feb 2017
  • 21 Feb 2017
    Sold for $320,000
  • 07 Jun 2016
    Transferred
  • 27 Feb 2016
    Listed for Sale $350,000
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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 54.58% increase in median value, while Units have seen a -4.91% decrease. As at 30 September 2024:

  • The median value for Houses in Welshmans Reef is $828,454 while the median value for Units is $547,747.
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.