OFF MARKET

553 Maldon-Newstead Road
Welshmans Reef VIC 3462

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3985m2
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Property Details for 553 Maldon-Newstead Rd, Welshmans Reef

Building Type
Land
Land Size
3985m2
Local Government
Mount Alexander
Lot/Plan
53~C/PP3562

Last Listing description (June 2013)

ONE ACRE COUNTRY LIFESTYLE ALLOTMENT WITH CURRENT PLANNING PERMIT AND POWER
ONE ACRE COUNTRY LIFESTYLE ALLOTMENT WITH CURRENT PLANNING PERMIT AND POWER
This one acre allotment is located only a moments drive from Lake Cairn Curran in a rural setting 7km from the historic Maldon township and 6km from Newstead. The land is fully fenced and complete with current planning permit, electricity to a builders pole and bore. Bordered by a row of cypress with views to Mt Tarrangower and sealed road access this land is ready to build and develop your country retreat.

Property History for 553 Maldon-Newstead Rd, Welshmans Reef, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$11,000
25 Apr 1996
  • 22 Feb 2013
    Listed for Sale $90,000
  • 25 Apr 1996
    Sold for $11,000
  • 01 Aug 1988
    Sold for $10,000

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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.