12 One Chain Road, Merricks North, VIC 3926 | Property Value & History | OnTheHouse
 
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12 One Chain Road
Merricks North VIC 3926

Bedrooms: 3
Bathrooms: 2
Car spaces: 6
Floor area: 217m2
Land area: 48000m2
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Last updated 4 Aug 2025
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Property Details for 12 One Chain Rd, Merricks North

Building Type
Commercial
Year Built
1999
Floor Size
217m2
Land Size
48000m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP578142

Last Listing description (January 2025)

Tranquil and relaxed with a blue ribbon address and income streams from a 400 tree olive grove and successful short-stay rental cottage overlooking the olives, this 12 acre (approx.) property is a superb way to experience rural living in style.

At the end of a quiet country lane and featuring a contemporary, light-filled limestone residence and vine-covered entertaining veranda, bring your dreams of country life to fruition either as a fantastic weekend farm escape or immerse yourself full time in the seasonal rhythms of the farm.

Architect-designed, the Mt Gambia limestone residence features two living areas beneath soaring cathedral ceilings, an open fireplace and built-in wood heater, split-system heating and cooling and rustic glazed stone floor tiles, while the master bedroom offers a spa ensuite beneath an atrium window.

Two other bedrooms are served by the main bathroom and there is also a dedicated home office.

With a view over the rear lawn and hedge to the olive grove beyond, the kitchen is the heart of the home and features black granite benchtops, a step-in pantry, stainless steel appliances and ample bench space to cook up a feast for family and friends.

Located privately at the edge of the grove, the attractive two-bedroom farm stay cottage is currently returning about $30,000 a year with lounge area, bathroom, main bedroom downstairs, a second loft bedroom and veranda to enjoy the view.

There is also the propertys original three-bedroom farmhouse that could be renovated for additional accommodation, along with shedding that includes an open two-bay shed and workshop for vehicle parking and another open two-bay shed and enclosed crushing room with equipment.

Other features include 4.5kW of rooftop solar panels and 8kWh battery, 80,000L tank water and vegetable garden beds to grow your own fresh produce.

Homes and Acreage is proud to be offering this property for sale To arrange an inspection or for further information, please contact the office on 1300 077 557 or office@homesacreage.com.au

Features:
400 tree olive grove
Popular 2BR farm-stay cottage
Contemporary limestone residence
3 bedrooms, home office
2 large living areas
Open fireplace, wood heater
Split-system aircon
Large picture windows
Stone benches, s/steel appliances
Master ensuite with spa bath
Vine-covered veranda
4 bay machinery shed
Crushing room & equipment
2 dams, 3 paddocks, holding yard
Secure fencing
Vegetable garden beds
Solar panels with 8kWh battery
80,000L water tanks
Prestigious Merricks North address
Quiet country lane

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Property History for 12 One Chain Rd, Merricks North, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$2,950,000
11 Dec 2024
  • 11 Dec 2024
    Sold for $2,950,000
  • 11 Sep 2024
    Listed for Sale $3,200,000 - $3,500,000
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About Merricks North 3926

The size of Merricks North is approximately 25.2 square kilometres. It has 4 parks covering nearly 14.9% of total area. The population of Merricks North in 2016 was 426 people. By 2021 the population was 423 showing a population decline of 0.7% in the area during that time. The predominant age group in Merricks North is 50-59 years. Households in Merricks North are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Merricks North work in a managers occupation.In 2021, 81.80% of the homes in Merricks North were owner-occupied compared with 78.00% in 2016.

Merricks North has 278 properties. Over the last 5 years, Houses in Merricks North have seen a -6.78% decrease in median value. As at 30 November 2025:

  • The median value for Houses in Merricks North is $2,172,109 while the median value for Units is $2,183,980.
There are currently 1 property listed for sale, and no properties listed for rent in Merricks north on OnTheHouse. According to Cotality's data, 12 properties were sold in the past 12 months in Merricks north.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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