OFF MARKET

222 Banks Road
Gormandale VIC 3873

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 165450m2
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Property Details for 222 Banks Rd, Gormandale

222 Banks Rd, Gormandale is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 165450m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 1982.

Building Type
House
Year Built
1960
Floor Size
130m2
Land Size
165450m2
Local Government
Wellington
Lot/Plan
3/LP124122

Property History for 222 Banks Rd, Gormandale, VIC 3873

A timeline of how this property has performed in the market
Last Sold
$53,500
07 May 1982
  • 07 May 1982
    Sold for $53,500

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About Gormandale 3873

The size of Gormandale is approximately 93.2 square kilometres. It has 2 parks covering nearly 9% of total area. The population of Gormandale in 2011 was 443 people. By 2016 the population was 329 showing a population decline of 25.7% in the area during that time. The predominant age group in Gormandale is 50-59 years. Households in Gormandale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gormandale work in a managers occupation. In 2011, 77.4% of the homes in Gormandale were owner-occupied compared with 85.5% in 2016..

Gormandale has 187 properties. Over the last 5 years, Houses in Gormandale have seen a 59.76% increase in median value, while Units have seen a 118.92% increase. As at 31 October 2024:

  • The median value for Houses in Gormandale is $484,790 while the median value for Units is $446,731.
There are currently 1 property listed for sale, and no properties listed for rent in Gormandale on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Gormandale.

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