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Sold on 16 Jul 2024 - Price Unavailable

522 Penny Lane
Gooram VIC 3666

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Bathrooms: -
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Land area: 44ha
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Property Details for 522 Penny Lane, Gooram

Building Type
Rural
Land Size
44ha

Last Listing description (July 2024)

Occupying approximately 44 hectares within the tightly-held Gooram Valley, this serene property's undulating landscape and fertile valleys echo the picturesque surroundings and capture a breathtaking 360-degree view of the rural and natural environment.

With the opportunity to establish a permanent residence (subject to council approval) to match your rural lifestyle vision, with existing comfortable camping shelter and/or shedding.

Discerning investors may explore the prospect of luxury farm stay accommodation, subject to council approval, offering guests the lifestyle experience and attractions of the scenic Strathbogie Ranges.

Alternatively, if working the land is more to your liking, the property offers microclimates that support a variety of crops and agricultural activities, with opportunities for terraced farming and grazing. Situated only moments from the beautiful Gooram Falls, approximately 28 minutes from Bonnie Doon, 34 minutes from Strathbogie, and 41 minutes from Euroa, this is an incredible opportunity.

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Property History for 522 Penny Lane, Gooram, VIC 3666

A timeline of how this property has performed in the market
Last Sold
16 Jul 2024
  • 09 Jul 2024
    Sold for $520,000
  • 29 Nov 2023
    Listed for Sale $600,000
  • 02 Oct 1981
    Sold for $33,000
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About Gooram 3666

The size of Gooram is approximately 112.6 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Gooram in 2011 was 338 people. By 2016 the population was 147 showing a population decline of 56.5% in the area during that time. The predominant age group in Gooram is 60-69 years. Households in Gooram are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gooram work in a managers occupation. In 2011, 78.7% of the homes in Gooram were owner-occupied compared with 75.4% in 2016..

Gooram has 132 properties. Over the last 5 years, Houses in Gooram have seen a 12.36% increase in median value. As at 30 November 2024:

  • The median value for Houses in Gooram is $939,725 while the median value for Units is $522,620.
There are currently 2 properties listed for sale, and no properties listed for rent in Gooram on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Gooram.

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Elders Real Estate Euroa
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