OFF MARKET

520 Gorae Road
Gorae VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 131m2
Land area: 231523m2
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Property Details for 520 Gorae Rd, Gorae

Building Type
Land
Year Built
1950
Floor Size
131m2
Land Size
231523m2
Local Government
Glenelg
Lot/Plan
1/TP390640

Last Listing description (June 2016)

This property provides a rural outlook and is situated close to the township of Portland, on a sealed road. With plenty of room to move, the home is a renovators delight with open plan living, three bedrooms, one bathroom and a three bay garage with workshop. Plenty of potential.
Property Code: 404583461

Property History for 520 Gorae Rd, Gorae, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$260,000
21 Apr 2016
  • 21 Apr 2016
    Sold for $260,000
  • 22 Mar 2016
    Listed for Sale Not Disclosed

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About Gorae 3305

The size of Gorae is approximately 71.4 square kilometres. It has 2 parks covering nearly 77% of total area. The population of Gorae in 2011 was 431 people. By 2016 the population was 198 showing a population decline of 54.1% in the area during that time. The predominant age group in Gorae is 40-49 years. Households in Gorae are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gorae work in a trades occupation. In 2011, 85.7% of the homes in Gorae were owner-occupied compared with 88.2% in 2016..

Gorae has 115 properties. Over the last 5 years, Houses in Gorae have seen a 94.03% increase in median value. As at 31 October 2024:

  • The median value for Houses in Gorae is $706,849.
There are currently 2 properties listed for sale, and no properties listed for rent in Gorae on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Gorae.

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