Back 16 Majestic Drive
Off Market

16 Majestic Drive

Emerald VIC 3782

2
1
1158 m²
House
Last sold for $485,000
Riley NicholasRiley Nicholas, last sold this property on 13 July 2025 after 13 days on market.

Overview

ENDLESS POTENTIAL IN A PRIME EMERALD POCKET

Set on a beautifully flat 1,158m² (approx.) allotment and backing directly onto the peaceful serenity of Wrights Forest, this property presents a rare opportunity for buyers with vision and a passion for potential. Located in one of Emerald's most sought-after streets, this home is ready for its next chapter. While the property does require significant renovation, including structural repairs, roof repairs and termite rectification, it offers a solid foundation for those with the skills to restore or reimagine. With a functional layout already in place, the home features two oversized bedrooms, a spacious kitchen, a cosy family room with a brand-new gas fire, a large separate lounge, and a central main bathroom. For peace of mind, a brand new septic system has just been installed. For those considering a fresh start, the generous block and tranquil setting lend themselves perfectly to a knockdown rebuild (STCA), where you can create the dream home you've always envisioned. Outside, the level land is ideal for children, pets, or a future garden oasis, bathed in sunlight and framed by native surroundings. Enjoy the best of both worlds with nature at your back fence and the convenience of being just minutes from both Emerald and Cockatoo townships. Supermarkets, cafes, restaurants, medical centres, and a range of primary and secondary schools are all within easy reach. Whether you're a first-home buyer, seasoned renovator, or investor looking to capitalise on location and land, this property is bursting with untapped potential. Opportunities like this are becoming increasingly rare, call today to secure your inspection.

Features

2 bedrooms
1 bathroom
1158 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Emerald over the last 12 months, the estimated median property value of 16 Majestic Drive is $715k.

Median value
$715k
Estimated value range
$485k - $851k
Median days on market
14
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Emerald. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Majestic Drive

2025
Sold
$485,000
13 Jul 2025 by Riley Nicholas, of Barry Plant Emerald

Happy sellers in Emerald

88%
88% of sellers in Emerald reported that their sale price either exceeded or met their price expectations.

Emerald stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Emerald over the last 12 months.

Local market activity for 2 bedroom houses in Emerald

In the last 12 months, 4 two-bedroom houses similar to 16 Majestic Drive, have been sold.

This represents a 66% decrease in two-bedroom houses sales when compared to the previous 12 months.

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