OFF MARKET

686 Maldon-Newstead Road
Welshmans Reef VIC 3462

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 126m2
Land area: 7300m2
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Last updated 18 Nov 2024
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Property Details for 686 Maldon-Newstead Rd, Welshmans Reef

686 Maldon-Newstead Rd, Welshmans Reef is a 0 bedroom, 0 bathroom House and was built in 1980. The property has a land size of 7300m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
House
Year Built
1980
Floor Size
126m2
Land Size
7300m2
Local Government
Mount Alexander
Lot/Plan
4A~N/PP3042

Last Listing description (November 2024)

Start your dream retreat with this idyllic rural canvas. Selling as a single parcel with the added advantage of two separate titles, the property boasts 7,300sqm (just shy of 2 acres) of usable land.

Accessed from a bitumen road, this property is ideal for weekends spent camping under the stars or those looking to apply for a planning permit to build (STCA) within the Farming Zone.

Conveniently located, approx. 8km from Maldon, 9km from Newstead, 23km from Castlemaine, and 151km from Melbourne. Don't miss out on this attractive opportunity - it won't last long!

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Property History for 686 Maldon-Newstead Rd, Welshmans Reef, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$183,000
12 Dec 2017
  • 21 Nov 2024
    Listed for Sale $300,000 - $320,000
  • 12 Dec 2017
    Sold for $183,000

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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.

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