485 Ibbs LaneMailors Flat VIC 3275
Property Details for 485 Ibbs Lane, Mailors Flat
Last Listing description (December 2024)
A country property not to miss for those wishing to be close to the beaches of Warrnambool, as well and having space surrounding them for a variety of uses, and room for large vehicles, shedding and some stock.
This property would also make a great investment property to add to your portfolio with a rental return of $425 p/w with additional income from aggistment fees.
Situated in a Low Density zone just 15 minutes into Warrnambool's CBD and located amongst a young family community.
Twenty solar panels, combined bathroom laundry, open kitchen lounge with wood fire. Three large water tanks and fully fenced yard space across the 9334m2 split into 3 areas. Paddock at rear with an animal shelter and several CCTV cameras for added security.
The current residence offers the opportunity to live in while you build your dream home, keeping the unit for investment income or home office.
Under 10 minutes to three Primary Schools, 4 Mins to the Warrnambool Airport, under 15 mins to three Colleges, under 20 mins to three Tafes and 20 mins to Deakin University.
PLEASE NOTE: Registrations For Open House are required, it will result in a cancellation, if I haven't received any registrations. info@independentpropertysales.com.au
Property History for 485 Ibbs Lane, Mailors Flat, VIC 3275
- 13 Sep 2024Sold for $640,000
- 23 Mar 2023Listed for Sale $670,000
- 16 Feb 2020Listed for Sale $335,000
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About Mailors Flat 3275
The size of Mailors Flat is approximately 16.6 square kilometres. The population of Mailors Flat in 2016 was 425 people. By 2021 the population was 490 showing a population growth of 15.3% in the area during that time. The predominant age group in Mailors Flat is 50-59 years. Households in Mailors Flat are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mailors Flat work in a trades occupation.In 2021, 89.20% of the homes in Mailors Flat were owner-occupied compared with 85.40% in 2016.
Mailors Flat has 221 properties. Over the last 5 years, Houses in Mailors Flat have seen a 42.71% increase in median value. As at 28 February 2026:
- The median value for Houses in Mailors Flat is $932,401 while the median value for Units is $494,567.
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