OFF MARKET

1 Edward Street
Wesburn VIC 3799

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 17000m2
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Last updated 11 Nov 2024
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Property Details for 1 Edward St, Wesburn

1 Edward St, Wesburn is a 3 bedroom, 1 bathroom House. The property has a land size of 17000m2.

Building Type
House
Land Size
17000m2
Local Government
Yarra Ranges
Lot/Plan
2/PS510574

Last Listing description (July 2024)

A very rare find on small acreage so close to the Wesburn township. Dating back to the late 1800s to early 1900s, this property would hold some classic stories being one of the oldest homes in the picturesque Wesburn township and held in the same family for over 40 years. The home offers 3 large bedrooms with kitchen, dining and a main living area, the home is in poor condition and needs plenty of love and hard work to restore, but with all the charm and character of a bygone era it's ready and waiting for a re-birth. The land is approx. 4 & 1/4 acres and offers fantastic views of the surrounding mountains in a colourful semi-rural setting. Ideally located just a short stroll to Wesburn's renowned and popular foodie outlets, public transport, local schools and the Wesburn Park sporting precinct offering the sports mad family plenty of activities. A fantastic small acreage and unique property with huge potential to expand or develop subject to Council approval.

Property History for 1 Edward St, Wesburn, VIC 3799

A timeline of how this property has performed in the market
  • 03 May 2024
    Listed for Sale $1,000,000 - $1,100,000

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About Wesburn 3799

The size of Wesburn is approximately 40.9 square kilometres. It has 7 parks covering nearly 65.1% of total area. The population of Wesburn in 2011 was 1,178 people. By 2016 the population was 1,007 showing a population decline of 14.5% in the area during that time. The predominant age group in Wesburn is 10-19 years. Households in Wesburn are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wesburn work in a trades occupation. In 2011, 83.2% of the homes in Wesburn were owner-occupied compared with 83.9% in 2016.

Wesburn has 472 properties. Over the last 5 years, Houses in Wesburn have seen a 35.20% increase in median value, while Units have seen a 51.76% increase. As at 31 October 2024:

  • The median value for Houses in Wesburn is $793,352 while the median value for Units is $675,945.
  • Houses have a median rent of $330.
There are currently 4 properties listed for sale, and no properties listed for rent in Wesburn on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Wesburn.

Suburb Insights for Wesburn 3799

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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.