28-100 Water Reserve RoadGrangefields VIC 3335
Property Details for 28-100 Water Reserve Rd, Grangefields
Last Listing description (February 2018)
In a peaceful rural setting complete with breath taking views of the city and Kororoit creek is this charming Edwardian/Federation style home on approximately 21 acres within the Urban Growth Zone and Melton East (future) PSP Area this property won't last long. With two dwellings, the original Edwardian homestead comprises of four bedrooms complete with ensuite and walk in robe, this home is perfect for restoration back to its former federation style. Adjoining the homestead is a large studio and office space facilities perfect for those looking to run a business from home, we also have several large sheds/workshops and beautifully established gardens surrounding the property. The three-bedroom brick home is in a dilapidated state but has the potential of restoration. Centrally located between Caroline Springs and Melton this property offers a location perfect for those looking for future development/investment, run your own business or make it your family home while the property grows in value. The location of the property is outstanding, surrounded by quality housing estates such as Woodlea (app 3km) and Thornhill Park (app 5km) also in close proximity to several planned schools and Rockbank train station.
Property History for 28-100 Water Reserve Rd, Grangefields, VIC 3335
- 25 Jun 2020Sold for $250,000
- 01 Feb 2018Sold for $200,000
- 01 Feb 2018Sold for $1,900,000
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0About Grangefields 3335
The size of Grangefields is approximately 7.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Grangefields in 2016 was 1536 people. By 2021 the population was 132 showing a population decline of 91.4% in the area during that time. The predominant age group in Grangefields is 40-49 years. Households in Grangefields are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Grangefields work in a trades occupation.In 2021, 90.90% of the homes in Grangefields were owner-occupied compared with 63.60% in 2016.
Grangefields has 62 properties. Over the last 5 years, Houses in Grangefields have seen a -18.81% decrease in median value. As at 31 January 2026:
- The median value for Houses in Grangefields is $936,246.
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