235 Three Waterholes RoadMilltown VIC 3304
Property Details for 235 Three Waterholes Rd, Milltown
Last Listing description (March 2022)
Situated only a short drive North of Heywood and central to the seaside town of Portland, Hamilton and Warrnambool is this well cared for property that would suit the hobby farmer or someone that requires shed storage. This home has ample room under the roof with the entertainment areas being of a generous size. The home features wood heating and 2 reverse cycles to keep the temperatures very comfortable all year round.
This farmlet was once part of a large dairy and the old dairy is still available if required. The property is separated into 5 paddocks plus the house block is supported by ample water with both a bore and rainwater plumbed to the house.
Shedding is very plentiful and massive with a 37m x 18m shed, a 16m x 8.5m shed, 2 huge hay sheds and a workshop.
Contact Assets Real Estate today to arrange your inspection.
Property History for 235 Three Waterholes Rd, Milltown, VIC 3304
- 21 Aug 2025Sold for $257,087
- 06 Jan 2022Sold for $610,000
- 03 Nov 2021Listed for Sale New Price $625,000
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About Milltown 3304
The size of Milltown is approximately 69.5 square kilometres. It has 2 parks covering nearly 17.7% of total area. The population of Milltown in 2016 was 63 people. By 2021 the population was 46 showing a population decline of 27.0% in the area during that time. The predominant age group in Milltown is 50-59 years. Households in Milltown are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Milltown work in a managers occupation.In 2021, 60.70% of the homes in Milltown were owner-occupied compared with 76.10% in 2016.
Milltown has 58 properties. Over the last 5 years, Houses in Milltown have seen a 117.21% increase in median value, while Units have seen a 3.59% increase. As at 30 November 2025:
- The median value for Houses in Milltown is $318,750 while the median value for Units is $365,091.
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