OFF MARKET

100 Romsey Road
Woodend VIC 3442

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 157m2
Land area: 374599m2
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Property Details for 100 Romsey Rd, Woodend

100 Romsey Rd, Woodend is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1930. The property has a land size of 374599m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Year Built
1930
Floor Size
157m2
Land Size
374599m2
Local Government
Macedon Ranges
Lot/Plan
1/PS504550

Last Listing description (September 2021)

Current Zoning RLZ1 (Rural Living Zone One)

An outstanding land banking opportunity for future residential development being adjacent to existing housing and located within the Macedon Ranges Shire town expansion investigation area for future growth. With an approx. 800-metre Five Mile Creek frontage, wonderful views to Mount Macedon and a pleasant walk into town via the Five Mile Creek Walking Track, this incredible investment opportunity should not be overlooked.


With its easy access to Melbourne's CBD Woodend has always been a desirable location for those commuting to Melbourne and since the pandemic the demand for properties has far exceeded the supply.

'Shirley Park' was once a renowned thoroughbred stud consisting of 37.46ha (92 acres) of flat to undulating land and features 4 cottages managers residence and three renovated cottages, and an inground swimming pool. Offsetting holding costs can be derived through a B & B venture which is currently being achieved. The property has town water, bore and extensive structural improvements including 2 stable complexes including a total of 23 boxes, feed room, tack room, office, brick vet room, enclosed sand roll/lunging ring, large hayshed and machinery shed.

Recent beautification works have been undertaken to improve the property which include the addition of a large dam, the installation of solar entrance gates, new garden beds at entrance, planting of trees along main road frontage and removal of old Cypress trees along the creek boundary.

With rewarding possibilities and in a position that speaks volumes close to shops, cafes, schools v/line and a very easy commute to Melbourne 'Shirley Park' offers potential purchasers an opportunity to invest in Woodend's future growth.

Property History for 100 Romsey Rd, Woodend, VIC 3442

A timeline of how this property has performed in the market
Last Sold
$3,600,000
08 Nov 2017
  • 20 Apr 2021
    Listed for Sale Contact Agent
  • 08 Nov 2017
    Sold for $3,600,000
  • 23 Sep 2016
    Listed for Sale $4,750,000
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About Woodend 3442

The size of Woodend is approximately 71.6 square kilometres. It has 20 parks covering nearly 3.1% of total area. The population of Woodend in 2011 was 5,414 people. By 2016 the population was 5,822 showing a population growth of 7.5% in the area during that time. The predominant age group in Woodend is 40-49 years. Households in Woodend are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woodend work in a professional occupation. In 2011, 81.2% of the homes in Woodend were owner-occupied compared with 79.7% in 2016.

Woodend has 3,484 properties. Over the last 5 years, Houses in Woodend have seen a 18.49% increase in median value, while Units have seen a 10.18% increase. As at 30 September 2024:

  • The median value for Houses in Woodend is $907,987 while the median value for Units is $577,633.
  • Houses have a median rent of $640 while Units have a median rent of $483.
There are currently 23 properties listed for sale, and 4 properties listed for rent in Woodend on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Woodend.

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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.