BALLARAT DISTRICT - MT VIEW - 413 ACRES - 167.3HA (APPROX) - 8 CROWN ALLOTMENTS
Outstanding, versatile, mixed farming property that has been in the one family ownership for 75 years. This choice property is located 20 minutes to Ballarat, 40 minutes to Geelong, 45 minutes to Avalon Airport and 75 minutes to Melbourne CBD. Improvements comprise a very comfortable and well appointed 3 bedroom home, 2 garages/workshop and sundry sheds, a single stand raised board shearing shed and steel yards. It is subdivided into 7 main paddocks and fencing is excellent ( some new). There are 14,000 gallons of domestic water, 5 stock dams and permanent creek springs. The property is presented in pristine condition with all improvements in 1st class condition and is ideal for cropping or grazing.
Very generous vendor finance is available: 50% for 3 years, interest only @ 5%.
The size of Elaine is approximately 105.7 square kilometres. There is 1 park, covering nearly 0.1% of the total area. The population of Elaine in 2016 was 228 people. By 2021 the population was 232 showing a population growth of 1.8% in the area during that time. The predominant age group in Elaine is 40-49 years. Households in Elaine are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Elaine work in a labourer occupation.In 2021, 79.20% of the homes in Elaine were owner-occupied compared with 79.70% in 2016.
Elaine has 185 properties. Over the last 5 years, Houses in Elaine have seen a 17.79% increase in median value, while Units have seen a -53.02% decrease. As at 31 July 2026:
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