350 Goornong-Fosterville RoadGoornong VIC 3557
Property Details for 350 Goornong-Fosterville Rd, Goornong
350 Goornong-Fosterville Rd, Goornong is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1ac. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Goornong in the last 12 months.
Last Listing description (October 2024)
In years gone by this 3 bedroom farmhouse has been subdivided from a larger land holding. The property now measures a most enviable and manageable 1 acre (4,046sqm), and is zoned Farming. It is neighboured by farms and enjoys rural outlooks, ambience, and that seemingly all elusive peace and quiet.
It might surprise you to see just how convenient the location is, as the Goornong-Fosterville Road joins the Epsom-Barnadown Road (Sandy Creek Road). It's just a short 14 mins drive to Village Epsom, 10 mins to the Railway Station at Huntly, 4 mins to the Railway Station at Goornong, and 24 mins to the CBD of Bendigo. What a terrific opportunity for those retiring from larger farms into town – or close enough for comfort!
This is an exciting chance to secure an acre block in the farming zone with an existing home and shedding – and with it, existing rights to build a new home or undertake extensive renovations. You may wish to move straight in and start renovating the home at your own pace. Or you may wish to remove the existing home and bring your new home plans to fruition subject to council approval.
To help you get underway, the current owners have invested in building and pest inspection reports from a highly reputed local company. The reports provide a thorough assessment of the current condition of the home and built improvements. The findings of the reports are favourable and offer the basis for where to invest your efforts and resources, in order to achieve a return on investment in time to come.
This is a great opportunity to secure a property outside of suburbia and housing estates, and create a fantastic regional lifestyle. The generous proportions of the block provide you with plenty of space to create whatever you desire subject to council approval. Perhaps you will surround your renovated or new home with beautiful gardens, additional shedding, a pool, grassy play areas, outdoor entertaining and more.
Those with foresight and an ability to think creatively will be able to recognise the greater potential of this property, and achieve something very unique and enviable.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 350 Goornong-Fosterville Rd, Goornong, VIC 3557
- 23 Oct 2024Sold for $370,000
- 04 Oct 2024Listed for Sale $350,000 - $380,000
- 01 Dec 2006Sold for $135,000
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About Goornong 3557
The size of Goornong is approximately 122.7 square kilometres. It has 1 park covering nearly 9% of total area. The population of Goornong in 2011 was 610 people. By 2016 the population was 671 showing a population growth of 10.0% in the area during that time. The predominant age group in Goornong is 10-19 years. Households in Goornong are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Goornong work in a managers occupation. In 2011, 88.4% of the homes in Goornong were owner-occupied compared with 86.4% in 2016.
Goornong has 444 properties. Over the last 5 years, Houses in Goornong have seen a 67.76% increase in median value, while Units have seen a 229.55% increase. As at 31 October 2024:
- The median value for Houses in Goornong is $591,417 while the median value for Units is $492,662.
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