263 Merrimans Creek RoadGormandale VIC 3873
Property Details for 263 Merrimans Creek Rd, Gormandale
Last Listing description (September 2022)
Love this one, it is incredible and has the potential at the listed price to not only have your ideal lifestyle property but the opportunity to create a unique and amazing home.
Built in the 1800 hundreds this original Gormandale School House is all original and still standing strong and proud. Baltic pine walls and hard wood floors complete with cathedral ceiling and original fireplace, this property it just stunning.
Located only 30 minutes from the major town of Traralgon, the sky is the limit on the potential of this property, either as a unique dream home renovation or weekend end get away. The listing price allows for ample money left over to bring this beauty back to life and with no heritage overlay, the potential is endless.
Sitting on a rise of established old trees and rolling paddocks all flowing neatly amongst the approximately 2.5 acres of lush paddocks on a creek frontage, this property is special.
The school has services including power and water so all ready to go.
Viewing a must .
Property History for 263 Merrimans Creek Rd, Gormandale, VIC 3873
- 27 May 2022Sold for $375,000
- 14 Feb 2022Sold for $380,000
- 24 Jan 2022Listed for Sale $359,000
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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.
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