545 Maldon-Newstead RoadWelshmans Reef VIC 3462
Property Details for 545 Maldon-Newstead Rd, Welshmans Reef
Last Listing description (November 2018)
Pleasantly situated with two road frontages and a boundary line predominately tree lined creating a park like environment, this parcel of approx 3000m2 is ready to go with planning approval in place for a three bedroom residence.
With the allotment being predominately level, the property is convenient to the recreational amenity of Cairn Curran Weir for fishing, water skiing, sailing and other water interests and approx 5.5 km to the Newstead township. Mains power is available.
Property History for 545 Maldon-Newstead Rd, Welshmans Reef, VIC 3462
- 24 Oct 2018Sold for $130,000
- 31 May 2018Listed for Sale $149,000
- 15 Mar 2008Sold for $56,500
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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.
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