OFF MARKET

290 Moorabool West Road
Gordon VIC 3345

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 283m2
Land area: 40000m2
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Property Details for 290 Moorabool West Rd, Gordon

290 Moorabool West Rd, Gordon is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2023. The property has a land size of 40000m2 and floor size of 283m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
2023
Floor Size
283m2
Land Size
40000m2
Local Government
Moorabool
Lot/Plan
1/LP217047

Last Listing description (August 2021)

Nestled just north of the Western Highway & offering 2 sealed road frontages we are excited to offer For Sale 290 Moorabool West Road, Gordon. This circa 1900's country cottage represents eight rooms with timber lined ceilings & is zoned rural living under the Moorabool Shire planning scheme. The home is not impacted by any heritage overlay or national trust.

Improvements include an American barn (7 x 9m long) with mezzanine & concrete floor & power.
The property is fenced into three paddocks with majority of the land cleared & would be ideal for someone wanting to run some livestock & enjoy the benefits of country living.

Power is connected & there is also an unequipped stock & domestic bore.
Outside features fertile soil that will wet your garden appetite.
With close proximity to the Gordon township, which is well serviced by 2 primary schools, general store, hotel & numerous sporting facilities
It is our understanding that the name Poverty Peak came about when the exploration of gold was thriving in the 1800's with a lot of effort went into finding this rich treasurer locally but unfortunately things were thin pickings hence the reference Poverty Peak.
Potential buyers please note; the home requires significant work if you were considering renovating to live in. Value add option would be to remove the home and clear the site to build your dream home (STCA) with a north facing aspect.
Enjoy the benefits of being 12 minutes to the Ballan Train Station & 75 minutes from the MCG.

Sale terms are a 10 percent deposit and settlement around 60 days.

Property History for 290 Moorabool West Rd, Gordon, VIC 3345

A timeline of how this property has performed in the market
Last Sold
$650,000
31 May 2021
  • 31 May 2021
    Sold for $650,000
  • 20 May 2021
    Listed for Sale $630,000 - $670,000
  • 30 May 1990
    Sold for $85,000

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About Gordon 3345

The size of Gordon is approximately 45.8 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Gordon in 2011 was 1,219 people. By 2016 the population was 1,148 showing a population decline of 5.8% in the area during that time. The predominant age group in Gordon is 50-59 years. Households in Gordon are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gordon work in a professional occupation. In 2011, 88% of the homes in Gordon were owner-occupied compared with 88.7% in 2016.

Gordon has 775 properties. Over the last 5 years, Houses in Gordon have seen a 52.70% increase in median value, while Units have seen a -15.36% decrease. As at 31 October 2024:

  • The median value for Houses in Gordon is $815,996 while the median value for Units is $665,737.
  • Houses have a median rent of $340.
There are currently 12 properties listed for sale, and no properties listed for rent in Gordon on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Gordon.

Suburb Insights for Gordon 3345

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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.