SOLD
Sold on 20 Dec 2023 for $600,000

390 Old Beech Forest Road
Gellibrand VIC 3239

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 119m2
Land area: 618500m2
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Property Details for 390 Old Beech Forest Rd, Gellibrand

Building Type
Rural
Year Built
1980
Floor Size
119m2
Land Size
618500m2
Local Government
Colac Otway
Lot/Plan
2/PS329264

Last Listing description (February 2024)

Welcome to this picturesque lifestyle property, 62.82 ha with a brick veneer three-bedroom home situated on the highest point of the land. Passed down from generation to generation, the time has now come to welcome new owners to make it their own.

This versatile land provides wonderful rural valley views over the Otway Ranges, with 12 dams and a high average rainfall, water is of plenty supply. Approximately 50% of the land is cleared providing plenty of opportunity to run livestock on the productive arable loamy soil. With two sheds, one 5.7x5.7 and the other 12.0 x 17.0 you will have sufficient storage space also.

The remaining 50% of land is consistent of natural bush, full of its own wildlife and hidden gems. The long west boundary also butts up to the popular Old Beechy Rail Trail, giving you easy access for a walk into town or a bike ride along this iconic track.

The 1970’s-built home is neat, tidy and well maintained, although could do with a little TLC to update and modernise. The kitchen has gas cooking, a small functional kitchen space. The adjoining dining/loungeroom is well sized and has amazing views out the windows to gaze at while having your morning coffee. The split system will keep you eternally comfortable rain, hail or shine and there is also a ceiling fan in the loungeroom.

The three bedrooms are all carpeted and include built in robes, the bathroom provides a bath and shower with a separate toilet and laundry area.

Located just on the outskirts of Gellibrand, you will only be a short drive to the general store, newly reopened Hotel and only a short drive into Colac for all other amenities. Only 2 hrs to the Westgate and under and 1.5 hrs to Geelong, this private and secluded property is well in reach of the hustle and bustle, but so close to some of the region’s most famous attractions, and situated in the heart of the otways.

To book your private inspection, please call Jake Theodore 0417 507 692

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Property History for 390 Old Beech Forest Rd, Gellibrand, VIC 3239

A timeline of how this property has performed in the market
Last Sold
$600,000
20 Dec 2023
  • 20 Dec 2023
    Sold for $600,000
  • 14 Aug 2023
    Listed for Sale Not Disclosed

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About Gellibrand 3239

The size of Gellibrand is approximately 94.5 square kilometres. It has 3 parks covering nearly 53.5% of total area. The population of Gellibrand in 2011 was 381 people. By 2016 the population was 201 showing a population decline of 47.2% in the area during that time. The predominant age group in Gellibrand is 60-69 years. Households in Gellibrand are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gellibrand work in a managers occupation. In 2011, 83.3% of the homes in Gellibrand were owner-occupied compared with 88.5% in 2016..

Gellibrand has 228 properties. Over the last 5 years, Houses in Gellibrand have seen a -10.20% decrease in median value. As at 31 July 2024:

  • The median value for Houses in Gellibrand is $758,442 while the median value for Units is $407,096.
There are currently 2 properties listed for sale, and no properties listed for rent in Gellibrand on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Gellibrand.

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