OFF MARKET

235 Banks Road
Gormandale VIC 3873

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 136m2
Land area: 93980m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 235 Banks Rd, Gormandale

235 Banks Rd, Gormandale is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 93980m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in November 2011.

Building Type
House
Year Built
1980
Floor Size
136m2
Land Size
93980m2
Local Government
Wellington
Lot/Plan
2/LP71963

Last Listing description (December 2011)

NATURAL SPRING WATER
THIS 23 ACRES PROPERTY SITUATED IN THE PICTURESQUE GORMANDALE AREA HAS MAIL AND PAPER DELIVERIES AND THE TRARALGON AND GORMANDALE SCHOOL BUSES PASSING THE FRONT GATE. THE CEDAR HOME OFFERS 3 SPACIOUS BEDROOMS WITH BIR?S, 2 LIVING AREAS WITH DOUBLE GLAZED WINDOWS, CATHEDRAL CEILING, SOLID FUEL HEATER, GAS HEATER AND A SOLAR HOT WATER SYSTEM. THERE ARE 2 LARGE WATER TANKS FILLED FROM ALL YEAR NATURAL WATER SPRINGS (NO WATER RATES), HAY SHED AND VARIOUS SUNDRY SHEDDING. THIS PERFECT LOCATION IS JUST 2 KILOMETERS FROM A WELL SERVICED SMALL TOWNSHIP INCLUDING SCHOOL, KINDER, REGISTERED CHILD CARE, COMMUNITY HOUSE AND LICENSED GENERAL STORE, SPORTING CLUBS. THIS PROPERTY WILL APPEAL TO THE PERSON LOOKING FOR A LIFESTYLE CHANGE TO A FRIENDLY RURAL COMMUNITY. JUST 20 MINUTES TO TRARALGON, 30 MINUTES TO SALE AND 30 MINUTES FROM COAST. COUNTRY LIVING, DON?T WAIT TO CALL THIS ONE YOUR OWN.

Property History for 235 Banks Rd, Gormandale, VIC 3873

A timeline of how this property has performed in the market
Last Sold
$335,000
14 Nov 2011
  • 14 Nov 2011
    Sold for $335,000
  • 16 Jun 2011
    Listed for Sale NEGOTIABLE $349,000
  • 09 Aug 2010
    Listed for Sale Not Disclosed
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Gormandale 3873

Market Insights
Gormandale Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Gormandale Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.