SOLD
Sold on 08 Apr 2024 for $470,000

623 Merrimans Creek Road
Gormandale VIC 3873

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 292386m2
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Property Details for 623 Merrimans Creek Rd, Gormandale

623 Merrimans Creek Rd, Gormandale is a 0 bedroom, 0 bathroom House. The property has a land size of 292386m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom House sold in Gormandale in the last 12 months.

Building Type
House
Land Size
292386m2
Local Government
Wellington
Lot/Plan
1/TP132668

Last Listing description (October 2023)

Only 25 minutes from Traralgon, 5 minutes from Gormandale, is this rare large acreage with approximately 72.245 Acres.

Creek Frontage and dual title.

Title one is approx. 3.636 Hectares.

Title two is approx. 25.550 Hectares.

This property is situated with creek frontage on Merrimans Creek and has fantastic views and natural bush leading onto flatter cleared land.

The electricity can be run to the block from the road.

This would be a great lifestyle or off grid property.

Please contact me, Fleur Speed 0439 765 545 at Latrobe Valley Real Estate for inspection or further information.

Property History for 623 Merrimans Creek Rd, Gormandale, VIC 3873

A timeline of how this property has performed in the market
Last Sold
$470,000
08 Apr 2024
  • 08 Apr 2024
    Sold for $470,000
  • 02 Oct 2023
    Listed for Sale $640,000
  • 25 Jul 2023
    Listed for Sale $740,000
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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 141.13% increase in median value, while Units have seen a 118.92% increase. As at 30 November 2024:

  • The median value for Houses in Gormandale is $748,040 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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Keith Williams Estate Agency
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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.