OFF MARKET

1289 Gorae Road
Gorae West VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 906961m2
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Property Details for 1289 Gorae Rd, Gorae West

Building Type
Rural
Land Size
906961m2
Local Government
Glenelg
Lot/Plan
4/LP123175

Last Listing description (April 2022)

Located 15 minutes from Portland's CBD on approximately 74.3 hectares (183.6 acres) is this productive medium scale farm that has previously run as a Dairy Farm. The Dairy plant is still in place and with a little work should be easy to get up and running. The dairy includes a 22 swing over, submersible pump with overhead tank, silo feed system, 22,000L water tank, Ice bank chiller, 6100 litre milk vat, electric fence unit and hot water services.
Other features include a calf loading and cattle ramp, small calf raising area, hay shed, water troughs and good fencing for buffalos or cows.
Great fertiliser history, red soil with black peak flats and a dam.

AUCTION On the 18th of March @1pm at the Gorae West Hall

Property History for 1289 Gorae Rd, Gorae West, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$440,000
27 Jul 2022
  • 27 Jul 2022
    Sold for $440,000
  • 18 Mar 2022
    Sold for $1,250,000
  • 07 Feb 2022
    Listed for Sale Auction - 18th March 2022 @1pm at Gorae West Hall
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About Gorae West 3305

The size of Gorae West is approximately 70.4 square kilometres. It has 3 parks covering nearly 26.9% of total area. The population of Gorae West in 2011 was 431 people. By 2016 the population was 208 showing a population decline of 51.7% in the area during that time. The predominant age group in Gorae West is 10-19 years. Households in Gorae West are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gorae West work in a managers occupation. In 2011, 85.7% of the homes in Gorae West were owner-occupied compared with 91.3% in 2016..

Gorae West has 136 properties. Over the last 5 years, Houses in Gorae West have seen a 61.26% increase in median value, while Units have seen a -0.73% decrease. As at 30 November 2024:

  • The median value for Houses in Gorae West is $509,997 while the median value for Units is $492,954.
There are currently no properties listed for sale, and no properties listed for rent in Gorae west on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Gorae west.

Suburb Insights for Gorae West 3305

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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.