OFF MARKET

60 Gibbo Street
Benambra VIC 3900

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 132m2
Land area: 1595m2
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Property Details for 60 Gibbo St, Benambra

Building Type
Land
Year Built
1940
Floor Size
132m2
Land Size
1595m2
Local Government
East Gippsland
Lot/Plan
7~3/PP5067

Last Listing description (September 2020)

Not often does an opportunity, or project, like this property come along. This old home has a long history in the high-country township of Benambra, located in East Gippsland, Victoria, and could be just the combination someone has been looking for, serving two purposes, either as a getaway, and or a renovation project in the one package. Alternately this could be the opportunity to enter the property market and own your own home, leaving the rental market behind.
The home has a central hallway from the front door to the back door, four bedrooms, one with a covered fireplace, a lounge room with wood heater and reverse cycle air conditioner, bathroom with toilet and shower over the bath, a kitchen with electric oven and old combustion stove, the wash house laundry is out the back with the old double trough and wood fired wash tub, however the benefit of instant gas hot water, from bottled gas, is attached to the home now.
High ceilings are a feature throughout the home, as well as the uneven floors! Needless to say, it would benefit from re stumping as part of an overall renovation and freshen up. The guttering appears to be in good order, as well as some roofing replaced over the back porch and wash house. The home is on mains electricity, tank water, and septic system. There are two old out buildings on the grounds with the total land area being approximately 1594 sqm.

A short walk into the general store, or to the local Benambra hotel, and at the doorstep to explore the entire region, this could be just the base camp when four-wheel driving, hunting, bike riding, fishing, or simply enjoying the peaceful nature of the area.
Inspections are strictly for qualified buyers only.
If this is for you, and you are buyer ready, contact Michael Enever 0458272797.

Property History for 60 Gibbo St, Benambra, VIC 3900

A timeline of how this property has performed in the market
Last Sold
$70,000
31 Aug 2020
  • 31 Aug 2020
    Sold for $70,000
  • 20 Aug 2020
    Listed for Sale $79,000

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About Benambra 3900

The size of Benambra is approximately 763.1 square kilometres. It has 2 parks covering nearly 69.9% of total area. The population of Benambra in 2011 was 250 people. By 2016 the population was 150 showing a population decline of 40.0% in the area during that time. The predominant age group in Benambra is 60-69 years. Households in Benambra are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Benambra work in a managers occupation. In 2011, 78.5% of the homes in Benambra were owner-occupied compared with 78.4% in 2016..

Benambra has 473 properties. Over the last 5 years, Houses in Benambra have seen a 41.26% increase in median value, while Units have seen a 500.06% increase. As at 31 October 2024:

  • The median value for Houses in Benambra is $292,995 while the median value for Units is $181,272.
There are currently 6 properties listed for sale, and no properties listed for rent in Benambra on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Benambra.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.