SOLD
Sold on 17 May 2024 for $700,000

3594 South Gippsland Highway
Giffard West VIC 3851

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 130m2
Land area: 626100m2
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Property Details for 3594 South Gippsland Hwy, Giffard West

3594 South Gippsland Hwy, Giffard West is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 626100m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Giffard West in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
130m2
Land Size
626100m2
Local Government
Wellington
Lot/Plan
3/PS341045

Last Listing description (October 2024)

Located south of Sale on what are referred to as the Gippsland coastal plains only a 15 minute drive to the surf along the magnificent 90 Mile Beach.

Approximately 40% of this 154 acre property was originally grasslands utilized for cattle grazing and serviced by stock dams and cattle yards. The livestock have long gone and over the last twenty years those grasslands began reverting back to bush although at this time could effectively be reclaimed.

The remaining area on the eastern section of this property remains original native forested vegetation comprising predominantly Yellow Stringybark, Peppermint Gums, Messmate, Banksia etc. Paperbark Tea-Tree can be found in the lower wetter areas.

This dense woodland is not only a haven for wildlife but may present significant commercial qualifications relevant to vegetation offset trading (subject to professional assessment).

This is one of those properties that represents great value with plenty of scope for capital growth simply by prudent investment and 'rolling up the sleeves.'
3-bedroom brick residence with substantial powered shedding and frontage to South Gippsland Highway.

We highly recommend inspection and serious consideration of this "diamond in the rough".

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5144 4444

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Property History for 3594 South Gippsland Hwy, Giffard West, VIC 3851

A timeline of how this property has performed in the market
Last Sold
$700,000
17 May 2024
  • 17 May 2024
    Sold for $700,000
  • 21 Feb 2024
    Listed for Sale SOLD
  • 06 Dec 2023
    Listed for Sale $765,000
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About Giffard West 3851

The size of Giffard West is approximately 88.1 square kilometres. It has 3 parks covering nearly 26.3% of total area. The population of Giffard West in 2011 was 292 people. By 2016 the population was 67 showing a population decline of 77.1% in the area during that time. The predominant age group in Giffard West is 50-59 years. Households in Giffard West are primarily couples with children and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Giffard West work in a managers occupation. In 2011, 74% of the homes in Giffard West were owner-occupied compared with 90.5% in 2016..

Giffard West has 41 properties. Over the last 5 years, Houses in Giffard West have seen a 54.51% increase in median value. As at 31 October 2024:

  • The median value for Houses in Giffard West is $624,217.
There are currently no properties listed for sale, and no properties listed for rent in Giffard west on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Giffard west.

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