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Sold on 20 Mar 2024 for $965,000

387 Mt Eirene Road
Gembrook VIC 3783

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 9ac
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Property Details for 387 Mt Eirene Rd, Gembrook

387 Mt Eirene Rd, Gembrook is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 9ac. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Gembrook in the last 12 months.

Building Type
House
Land Size
9ac
Local Government
Cardinia
Lot/Plan
23/LP59034

Last Listing description (March 2024)

387 MT. EIRENE ROAD GEMBROOK

If you have been dreaming of that rare small acreage hobby farm, this could be the ONE! Gently sloping pasture with two dams ( one is a spring fed swimming hole) with a backdrop of ferns and natural bushland. Plenty of room for the kids ponies, dogs to run free and even a large chicken / duck pen.

The two storey 5 bedroom Hardi Plank offers two living areas, two ensuite bathrooms and huge covered outdoor deck to enjoy summer BBQ’s and views into the garden past the ornamental dam. A cosy combustion wood heater as well as two split systems keep you comfortable all year round. There is brilliant
access off the loop driveway with ample extra parking for horse float, trailer, caravan or plant and equipment for a tradie. A single carport is by the house for covered entry as well as a separate triple colour bond garage nearby .With a location just only 5 minutes to Gembrook township or 20 minutes to Packenham train station, yet enjoying all that mother nature has to offer. Is it time to stop dreaming and make your 'Tree Change' a reality?
Call -Grant Skipsey 0418528102

Investor Information:
It is our opinion that if this property were offered for rent in the current market it would achieve an approximate return of $700 - $770 per week.
***Ranges FN Rentals have put together this information from sources available to us, however we cannot guarantee it’s accuracy as some information may have been provided from outside sources. Similarly, we are not registered financial advisors. Therefore you should seek professional assistance if you intend to make financial decisions based on the information provided.

https://www.consumer.vic.gov.au/duediligencechecklist
Please note: All property details listed were current at the time of publishing.

Property History for 387 Mt Eirene Rd, Gembrook, VIC 3783

A timeline of how this property has performed in the market
Last Sold
$965,000
20 Mar 2024
  • 05 Mar 2024
    Sold for $965,000
  • 09 Nov 2023
    Listed for Sale Not Disclosed
  • 17 Nov 2008
    Transferred
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About Gembrook 3783

The size of Gembrook is approximately 201.9 square kilometres. It has 16 parks covering nearly 70.5% of total area. The population of Gembrook in 2011 was 2,148 people. By 2016 the population was 2,339 showing a population growth of 8.9% in the area during that time. The predominant age group in Gembrook is 40-49 years. Households in Gembrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gembrook work in a trades occupation. In 2011, 88.2% of the homes in Gembrook were owner-occupied compared with 84.8% in 2016.

Gembrook has 1,150 properties. Over the last 5 years, Houses in Gembrook have seen a 22.54% increase in median value, while Units have seen a 29.01% increase. As at 31 October 2024:

  • The median value for Houses in Gembrook is $996,364 while the median value for Units is $494,583.
  • Houses have a median rent of $650.
There are currently 22 properties listed for sale, and no properties listed for rent in Gembrook on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Gembrook.

Suburb Insights for Gembrook 3783

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Contact agent
Grant Skipsey
Show contact details
Ranges First National - BELGRAVE
Preferred contact:
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.