OFF MARKET

720 Bengworden Road
Goon Nure VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5167100m2
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Property Details for 720 Bengworden Rd, Goon Nure

Building Type
Commercial
Land Size
5167100m2
Local Government
East Gippsland
Lot/Plan
2/TP822593

Last Listing description (November 2023)

Situated just 12 km south of Bairnsdale "THE RIDGE" is a significant land holding of 1,276 acres (516.71ha). Solid red gum plains country, cleared in the early 1900's and then developed by cropping winter wheats, barley & peas. A very arable parcel of land with shelter belts of timber abutting a timber reserve to the west.

The property has been long held within the same family since 1895 and proven sound sheep & cattle country. Great Access with extensive road frontage to both the Bengworden Road (over 2km frontage) & Leathams Road.

Consisting of mostly flat pasture and lightly timbered grazing areas this blank canvas has the potential to be a true show piece. Currently grazing land, potential for renovation of pasture, improvement for cropping and fattening livestock with a potential carrying capacity for 300-320 breeding cows. Watered by dams in all titles, town water is available & a sustainable option to be watered by a stock & domestic bore.

Property Features Include
Power available.
Town Water available.
Native pasture.
Opposite trial plot.
First time offered in 128 years.

For sale by Expressions of Interest, closing 31st of March 2023 at 3pm.

Inspections by appointment with the exclusive selling agents.

Property History for 720 Bengworden Rd, Goon Nure, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$3,850,000
05 May 2023
  • 05 May 2023
    Sold for $3,850,000
  • 21 Feb 2023
    Listed for Sale EXPRESSIONS OF INTEREST

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About Goon Nure 3875

The size of Goon Nure is approximately 164 square kilometres. It has 4 parks covering nearly 19% of total area. The population of Goon Nure in 2011 was 180 people. By 2016 the population was 130 showing a population decline of 27.8% in the area during that time. The predominant age group in Goon Nure is 60-69 years. Households in Goon Nure are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Goon Nure work in a managers occupation. In 2011, 77.3% of the homes in Goon Nure were owner-occupied compared with 75.6% in 2016..

Goon Nure has 88 properties. Over the last 5 years, Houses in Goon Nure have seen a 67.90% increase in median value. As at 31 October 2024:

  • The median value for Houses in Goon Nure is $1,174,794 while the median value for Units is $403,415.
There are currently 2 properties listed for sale, and no properties listed for rent in Goon nure on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Goon nure.

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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.