FOR SALE
$600,000 - $660,000

6 Catherine Street
Goughs Bay VIC 3723

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Land area: 1002m2
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2 houses in 1

This brilliantly located property is perfect for two separate families or a big extended family with different generations. Each family can have one wing or parents can enjoy their own retreat with teenagers in the other wing. And it's perfectly set up to generate a huge income from holiday rental when you can't get out of town.
All of this is ony moments from the shores of Lake Eildon with easy access to a choice of concrete boat ramps. Goughs Bay boasts deep water even in dry summers and house prices are climbing....so don't miss the boat!!!
House 1 features 2 bedrooms, 1 bathroom, spacious open plan living and a neat kitchenette.
House 2 contains 3 Bedrooms, 1 bathroom, a big living area and modern kitchen.
A huge covered entertaining deck (with lake views and a nice big spa) connects the two, with plenty of room for boats and motorbikes in the lock up garages beneath the house. There's additional secure storage in a separate workshop/mancave and the large 1002m2 block is in a prime location close to the Licensed General Store with lots of room to park extra big boats and caravans.
2 reverse cycle split systems keep both houses nice and cool in summer and the 18 Panel Solar System (13kw) keep the power bills down, important with lots of guests. Instantaneous gas hot water means even the biggest groups never run out of hot water and there are 5 tanks that store a huge amount of rainwater so you don't have to worry about water. Pretty much nothing to worry about at all. You just need to relax and enjoy life in 'The Bay', or sit back and count the cash from your holiday rental investment. Sounds pretty good to us!
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Property Details for 6 Catherine St, Goughs Bay

6 Catherine St, Goughs Bay is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1002m2. The place is currently for sale with District Property Group.

Building Type
House
Land Size
1002m2

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About Goughs Bay 3723

The size of Goughs Bay is approximately 37.6 square kilometres. It has 1 park. The population of Goughs Bay in 2011 was 382 people. By 2016 the population was 270 showing a population decline of 29.3% in the area during that time. The predominant age group in Goughs Bay is 60-69 years. Households in Goughs Bay are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Goughs Bay work in a managers occupation. In 2011, 84.6% of the homes in Goughs Bay were owner-occupied compared with 85.6% in 2016.

Goughs Bay has 450 properties. Over the last 5 years, Houses in Goughs Bay have seen a 92.59% increase in median value. As at 31 October 2024:

  • The median value for Houses in Goughs Bay is $667,257 while the median value for Units is $489,213.
There are currently 11 properties listed for sale, and no properties listed for rent in Goughs bay on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Goughs bay.

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Allana Storer
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Jenny Gould
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District Property Group
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