SOLD
Sold on 08 May 2024 for $650,000

516 Merrimans Creek Road
Gormandale VIC 3873

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 132m2
Land area: 19700m2
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Property Details for 516 Merrimans Creek Rd, Gormandale

516 Merrimans Creek Rd, Gormandale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 19700m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Gormandale in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
132m2
Land Size
19700m2

Last Listing description (May 2024)

Just 5kms from the Gormandale township this 1.87 ha property is surrounded by lush rolling hills perfect for a family looking for their own piece of tranquillity in the country. The Residence has 3 bedrooms with BIR's, master bedroom has a fully renovated ensuite. A light filled lounge with new freestanding woodfire and split system, adjoining the lounge is the kitchen and dining area, the main bathroom is next to the bedrooms and second toilet located off the laundry. Recently renovated areas have updated the property nicely, a new owner can enjoy the property as is or may wish to do more to finish off the look.
There are 2 new water tanks, chook house and the drive has had work done. A double garage is located near the house and there have been plans drawn for a bigger shed to replace this. This property is ready for the next owners to enjoy the calm, peaceful outlook this property has to offer.
For a private inspection please call Barb 0448805896

Property History for 516 Merrimans Creek Rd, Gormandale, VIC 3873

A timeline of how this property has performed in the market
Last Sold
$650,000
08 May 2024
  • 08 May 2024
    Sold for $650,000
  • 08 Oct 2021
    Sold for $580,000
  • 06 Sep 2021
    Listed for Sale $640,000
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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 188 properties. Over the last 5 years, Houses in Gormandale have seen a 73.81% increase in median value, while Units have seen a 118.92% increase. As at 31 August 2024:

  • The median value for Houses in Gormandale is $668,182 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, 10 properties were sold in the past 12 months in Gormandale.

Suburb Insights for Gormandale 3873

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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.