OFF MARKET

1051 Gelantipy Road
Buchan VIC 3885

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 38699m2
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Property Details for 1051 Gelantipy Rd, Buchan

1051 Gelantipy Rd, Buchan is a 2 bedroom, 1 bathroom House and was built in 2010. The property has a land size of 38699m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
2010
Floor Size
53m2
Land Size
38699m2
Local Government
East Gippsland
Lot/Plan
2/PS319786

Last Listing description (November 2020)

Are you looking for your next project for your forever home or are you looking for a weekender to enjoy? You be the judge!
Positioned on over 10 acres of country among the fossils and caves sits the original homestead built in the early 1900's, a new 2 bedroom home with a 4.5kw system and the original Buchan Timber Mill log cabin. History is evident upon the property, being an original Cobb & Co property. Accompanying the homes is shedding, a piggery, chook pens and water tanks providing up to 10,000 gallons. An ideal property for a weekender as you could never be short of activities. Enjoy exploring the hidden caves among the land, trail riding or motorbike riding, the list is endless.
The property presents opportunity to potentially completely transform the original homestead into your forever home, why living in the new comfortable 2 bedroom home next door. Being only 15 minutes from Buchan, with a school bus stop picking up each morning out the front, offers the rural lifestyle made easy. Entertain your friends and family on the new 6x4m deck in the summer or head over to the log cabin turned bar and rumpus room in the winter keeping you warm with the wood fire.

Currently the homestead is tenanted. Inspection by appointment only. Enquiry today, open 7 days a week for your convenience.

Property History for 1051 Gelantipy Rd, Buchan, VIC 3885

A timeline of how this property has performed in the market
Last Sold
$250,000
10 Nov 2020
  • 10 Nov 2020
    Sold for $250,000
  • 13 Aug 2018
    Listed for Sale $295,000
  • 20 May 2013
    Sold for $135,000
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About Buchan 3885

The size of Buchan is approximately 429.6 square kilometres. It has 5 parks covering nearly 88.6% of total area. The population of Buchan in 2011 was 386 people. By 2016 the population was 226 showing a population decline of 41.5% in the area during that time. The predominant age group in Buchan is 50-59 years. Households in Buchan are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Buchan work in a managers occupation. In 2011, 78.8% of the homes in Buchan were owner-occupied compared with 77.9% in 2016..

Buchan has 285 properties. Over the last 5 years, Houses in Buchan have seen a 119.64% increase in median value. As at 30 September 2024:

  • The median value for Houses in Buchan is $334,855 while the median value for Units is $280,259.
There are currently 2 properties listed for sale, and no properties listed for rent in Buchan on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Buchan.

Suburb Insights for Buchan 3885

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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.