1231 Melrose RoadPrincetown VIC 3269
Property Details for 1231 Melrose Rd, Princetown
Last Listing description (December 2020)
Phone enquiries - please quote property ID 24834
Wake to the sight of the sun creeping up over the nearby Otway State Park. Nod off as the sunsets over the distant Southern Ocean. Located on a ridge, with distant ocean views of the Southern Ocean (7km drive 12 Apostles, G.O.R) is an opportunity to live the dream!
Main house has been partially renovated, new carpets throughout with hardwood flooring, recently painted. Consists of 4 light filled bedrooms, 2 living spaces. kitchen, laundry, toilet and separate bathroom. Multiple decking/viewing areas to take in the calm, serene vibe. Barnyard bungalow(ex chocolate shop) with kitchen, toilet, shower, open plan, stunning coastal/bush views has provided a consistent income over the last 3 yrs with 95% occupancy rate. A further smaller bungalow to the rear with calming sunrise views makes the opportunity of drawing a good side income a reality.
Outside paths meander through the 30 tree orchard, numerous raised bed veg gardens to huge rustic powered barn. There is also a 2 car, powered garage, chook pen, paved BBQ area, numerous native flower gums, bushes, fenced paddocks to run a few sheep, over 100,000L of water storage.
Ideally positioned within the 12 Apostles Artisan Food Loop, 15 mins to rising foodie mecca Timboon, 15 mins to the charm of Port Campbell, 10 minutes to untouched Princetown. Don't live with regrets, take the plunge and live the dream!
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
Property History for 1231 Melrose Rd, Princetown, VIC 3269
- 05 Nov 2020Sold for $439,000
- 17 Sep 2020Listed for Sale Not Disclosed
- 28 Jun 2010Listed for Sale P.O.A.
About Princetown 3269
The size of Princetown is approximately 119.9 square kilometres. There are 3 parks, covering nearly 28.0% of the total area. The population of Princetown in 2016 was 241 people. By 2021 the population was 236 showing a population decline of 2.1% in the area during that time. The predominant age group in Princetown is 50-59 years. Households in Princetown are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Princetown work in a managers occupation.In 2021, 76.30% of the homes in Princetown were owner-occupied compared with 66.60% in 2016.
Princetown has 157 properties. Over the last 5 years, Houses in Princetown have seen a 37.93% increase in median value, while Units have seen a 37.21% increase. As at 30 June 2026:
- The median value for Houses in Princetown is $828,951 while the median value for Units is $641,784.
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