624 Three Chain RoadSebastian VIC 3556
Property Details for 624 Three Chain Rd, Sebastian
Last Listing description (September 2009)
FREDERICK THE GREAT GOLDMINE
With 55.75 HA (approx) land, this attractive undulating property has a three road frontage and scattered Gum trees and ample feed. The former manager’s cottage has been partly refurbished while the original brick front section dates back to the late 1800’s and still displays the ornate timber ceiling panels and the manager’s pigeon hole work area with old timber pigeon hole boxes. The kitchen and bathroom have been part refurbished. Comprising 2/3 bedrooms, study, family lounge room plus an external laundry and sundry shedding. In addition a substantial horse stable complex with a number of brick and timber boxes and storage sheds adds to the value of the property. There is a large dam, the original “Frederick the Great Mine†with historic wooden battery infrastructure plus numerous mullock & tailing deposits. The east fence is new while the other boundary fences need refurbishment and the north boundary fronts the main bitumen Sebastian road. There is an old trotting track on the north paddock and the house is private and set back from the road. This is a great property ideal as a redevelopment property with an interesting goldfields history and fossicking opportunities.
Property History for 624 Three Chain Rd, Sebastian, VIC 3556
- 21 Sep 2009Sold for $250,000
- 02 Sep 2009Listed for Sale 289000
- 29 Jun 2007Sold for $305,000
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About Sebastian 3556
The size of Sebastian is approximately 30.1 square kilometres. It has 2 parks covering nearly 16.1% of total area. The population of Sebastian in 2016 was 217 people. By 2021 the population was 251 showing a population growth of 15.7% in the area during that time. The predominant age group in Sebastian is 60-69 years. Households in Sebastian are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sebastian work in a trades occupation.In 2021, 92.10% of the homes in Sebastian were owner-occupied compared with 94.20% in 2016.
Sebastian has 142 properties. Over the last 5 years, Houses in Sebastian have seen a 66.10% increase in median value. As at 28 February 2026:
- The median value for Houses in Sebastian is $574,408 while the median value for Units is $407,840.
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