OFF MARKET

67 Morrisons Creek Road
Gormandale VIC 3873

Bedrooms: 3
Bathrooms: 1
Car spaces: 9
Floor area: 124m2
Land area: 36432m2
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Property Details for 67 Morrisons Creek Rd, Gormandale

67 Morrisons Creek Rd, Gormandale is a 3 bedroom, 1 bathroom House with 9 parking spaces and was built in 1970. The property has a land size of 36432m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1970
Floor Size
124m2
Land Size
36432m2
Local Government
Wellington
Lot/Plan
1/TP345993

Last Listing description (July 2023)

This Gormandale rural property represents excellent value at this price point. It Will appeal to those who wish to complete some improvements to the existing 3 bedroom home or build a new home (STCA) on the flat high point to take in the views and surrounds.
The home has a good quality kitchen and the bathroom has recently been retiled and rejuvenated. Wood heater in lounge. Good sized home with gas appliances.
The property has a water right for 1 Meg of water to be drawn from Morrison Creek at the foot of the property and benefits from 2 large concrete tanks. Water will never be an issue here.

There is a high access 4 bay machinery shed and a double garage which has currently been converted into an entertainment area. It has a bar, wood heater and is fully lined.
There are also two separate concrete cage areas that have previously been used for keeping and breeding dogs. There are over 10 separate divided cages. There is a large dam at the top of the property also.
This property is in a lovely location and presents as an excellent opportunity as a getaway home or permanent living due to its close proximity to the rural city of Traralgon.
At this price point, it represents excellent value to buy some acreage, a three-bedroom home, and all the infrastructure expected of a property of this type.
To inspect please call Wayne Lynch on 0400446795 to secure a private inspection of this excellent acreage.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5114 6552

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Property History for 67 Morrisons Creek Rd, Gormandale, VIC 3873

A timeline of how this property has performed in the market
Last Sold
$475,000
07 Dec 2021
  • 07 Dec 2021
    Sold for $475,000
  • 14 Nov 2021
    Listed for Sale $460,000
  • 07 Nov 2005
    Sold for $205,000

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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.

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