8623 Midland HighwayBarkers Creek VIC 3451
Property Details for 8623 Midland Hwy, Barkers Creek
Last Listing description (July 2023)
What sets this interesting property apart are the myriad of opportunities for owner occupier lifestyle living and the exciting potential to generate an income. Set on a sprawling 5,030 sqm (1.1 acres) the property boasts gorgeous Barkers Creek as its backdrop. The expansive brick and tile homestead style residence with its wide, covered return verandahs offers versatile living options that will appeal to a variety of buyers looking to take advantage of the opportunities this flexible floorplan offers.
Feature windows and glass sliders throughout flood the home with natural light. Defining features are dual kitchens, multiple living and dining spaces and five spacious bedrooms supported by two bathrooms making it ideal for extended families or, by sectioning the home, offering two independent, self-contained residences. To the left hand side of the home, a substantial living space for owner occupiers including a beautiful near new kitchen with gleaming all white shaker style cabinetry, contrasting black benchtops gas/electric cooking and large walk in pantry, expansive meals and family areas, second living space, second bedroom if desired and expansive premier suite with walk in robe and ensuite.
To the right there is a large open plan living and dining space plus practical kitchen with ample bench and storage space, electric cooking and island bench opens to the rear verandahs. Three queen bedrooms, two with built in robes and a fourth bedroom/home office/study with built in robes share a centrally located family bathroom with vanity, bath, shower and separate toilet. The large, adjacent laundry and hallway linen closet.
The private rear gardens feature lawns, native plantings, views to Barkers Creek and unlimited scope to cocoon the home in a very private oasis. A lovely covered, paved rear facing alfresco area is a tranquil spot in which to indulge in outdoor dining and entertainment. Additional features include ceiling fans, reverse cycle air conditioning, 6.5kw solar power feeding back to the grid, solar hot water with gas boost, mains water plus tank water for garden use, garden shed, double garage with lockable roller door.
Savvy buyers will readily appreciate that this property's excellent bones allow for further modernisation to deliver contemporary relaxed living and exciting income generating potential. In a market where demand for rental properties far exceeds supply, prospects to secure a long term tenant are undeniable. Additionally, the property's location 4.6kms from Castlemaine in the heart of the popular Central Goldfields region with its historic towns, notable sites, wineries and breathtaking scenery, coupled with the trend for vacationing domestically, delivers an unprecedented occasion to capitalise on the lucrative BnB market. An opportunity like no other.
Property History for 8623 Midland Hwy, Barkers Creek, VIC 3451
- 14 Dec 2021Sold for $785,000
- 10 Sep 2021Listed for Sale $795,000
- 01 May 2021Listed for Sale $857,000
Recent sales nearby
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0About Barkers Creek 3451
The size of Barkers Creek is approximately 24.5 square kilometres. There are 3 parks, covering nearly 8.5% of the total area. The population of Barkers Creek in 2016 was 457 people. By 2021 the population was 487 showing a population growth of 6.6% in the area during that time. The predominant age group in Barkers Creek is 60-69 years. Households in Barkers Creek are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Barkers Creek work in a professional occupation.In 2021, 88.50% of the homes in Barkers Creek were owner-occupied compared with 85.30% in 2016.
Barkers Creek has 256 properties. Over the last 5 years, Houses in Barkers Creek have seen a 30.32% increase in median value, while Units have seen a 51.99% increase. As at 31 August 2026:
- The median value for Houses in Barkers Creek is $1,044,654 while the median value for Units is $599,891.
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