7/1 Inglewood-Rheola RoadRheola VIC 3517
Property Details for 7/1 Inglewood-Rheola Rd, Rheola
Last Listing description (December 2023)
Sitting beside Kingower State Forest, and only 800m from the sealed road is this 10-acre bush block in an ideal spot to escape to the country and have fun. This is one of 3 separate blocks for sale (see the individual listings), ranging in size from 6, 10 and 15 acres, all next to each other.
The land is relatively level and cleared, with some mature gums and the Paper Gully seasonal creek passing through it, with Crown land on the northern boundary.
The land is in the Farming Zone, so not suitable for building a residence, but ideal for casual weekend use.
Rheola started as a gold mining town in the 1860s but is now a quiet backwater, 10 minutes to Inglewood for the basics, 45 minutes from Bendigo, and 2.5 hours to Melbourne. Access is via Pipeclay Road which is an unmade track through the bush.
Property History for 7/1 Inglewood-Rheola Rd, Rheola, VIC 3517
- 21 Aug 2023Listed for Sale Not Disclosed
About Rheola 3517
The size of Rheola is approximately 34.8 square kilometres. There are 2 parks, covering nearly 3.5% of the total area. The population of Rheola in 2016 was 56 people. By 2021 the population was 52 showing a population decline of 7.1% in the area during that time. The predominant age group in Rheola is 50-59 years. Households in Rheola are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Rheola work in a clerical occupation.In 2021, 86.40% of the homes in Rheola were owner-occupied compared with 108.70% in 2016.
Rheola has 61 properties. Over the last 5 years, Houses in Rheola have seen a 12.59% increase in median value. As at 31 August 2026:
- The median value for Houses in Rheola is $458,752.
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