Set within the highly productive Mansfield region of Victoria, located at 699 Penny's Lane, Merton, VIC, this previous high yielding Pine plantation property is perfect for conversion to numerous highest and best forward uses including; Lifestyle, Agriculture, Horticulture or if favoured, continued as a commercial plantation.
This property presents exceptional value for those looking for that weekend rural interest. Following commercial harvest, this property was successfully re-established back to pine in 2017 following pre and post helicopter weed control, resulting in excellent seedling growth. The successful purchaser of this plantation property can enjoy future financial returns from the growing pine if patient and the trees are kept and maintained.
The 11 hectares of native vegetation provides a nice balance catering to all interests. The property features well maintained roads and firebreaks.
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 September 2024:
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