OFF MARKET

25 Lower River Road E
Gapsted VIC 3737

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 279m2
Land area: 111455m2
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Property Details for 25 Lower River Rd E, Gapsted

Building Type
Rural
Year Built
2010
Floor Size
279m2
Land Size
111455m2
Local Government
Alpine
Lot/Plan
2/PS319987

Last Listing description (August 2014)

New Home - New Lifestyle
Very handy to the town this 11.14 hectare (27.5 acre) farm has enormous potential for nearly any horticultural pursuit. A practically new home built to a 5 star rating of approximately 30 squares features polished hardwood floors throughout the very large living area, 4 bedrooms (built in robes in 3, provision for robes in the 4th), ensuite, roomy bathroom with spa and separate shower, large gas cooktop and electric oven in the well laid out kitchen and a double garage with remote doors. Plenty of shedding, hot houses, 34 mega litre irrigation licence and 24 acres of underground irrigation, 250 established cherry trees plus a number of other fruit trees should provide an income to build on in the future. Being prime Ovens River flats it is well suited to a wide range of horticultural pursuits with the infrastructure in place and a near new home this is an excellent opportunity to hit the ground running in a new business.
Property Code: 579

Property History for 25 Lower River Rd E, Gapsted, VIC 3737

A timeline of how this property has performed in the market
Last Sold
$500,000
06 Sep 2014
  • 06 Sep 2014
    Sold for $500,000
  • 11 Nov 2011
    Listed for Sale 540000
  • 18 Nov 2003
    Sold for $475,000
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About Gapsted 3737

The size of Gapsted is approximately 52.4 square kilometres. It has 1 park covering nearly 9% of total area. The population of Gapsted in 2011 was 160 people. By 2016 the population was 164 showing a population growth of 2.5% in the area during that time. The predominant age group in Gapsted is 10-19 years. Households in Gapsted are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gapsted work in a managers occupation. In 2011, 84.5% of the homes in Gapsted were owner-occupied compared with 71.2% in 2016..

Gapsted has 90 properties. Over the last 5 years, Houses in Gapsted have seen a 67.56% increase in median value. As at 30 November 2024:

  • The median value for Houses in Gapsted is $852,476.
There are currently no properties listed for sale, and no properties listed for rent in Gapsted on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Gapsted.

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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.