78 Banks RoadGormandale VIC 3873
Property Details for 78 Banks Rd, Gormandale
Last Listing description (July 2012)
Brilliant Lifestyle Estate on 20 acres - Are you looking for a change? You will love this truly picturesque property within 30kms of Traralgon
North facing Brick Veneer family home with so much on offer
Two big living areas, formal dining plus meals area off blackwood timber kitchen
Freshly painted throughout, new carpets in most of house
Covered gazebo/BBQ area, fantastic fully fenced bitumen tennis court
Excellent shedding - huge main workshop/shed & toilet, double garage/showroom
Double carport, 10kva generator for full back up power
3 fire pumps & reel, roof sprinklers, new gutter guard, new solar hot water, fenced dog run
18 Acres plus 2 acres of leased land, New hayshed, new fencing & gates, 2 dams, 7 paddocks (6 water troughs)
Mail, papers & bin collection at your gate & the Traralgon & Gormandale school buses too.
Only 1.5kms from the friendly township of Gormandale, including licensed general store, school, kinder, registered child care, community house & sporting clubs. 30 mins to Sale, 20 mins to Traralgon & 30 mins to Port Albert & the coast
Property History for 78 Banks Rd, Gormandale, VIC 3873
- 10 Jul 2012Sold for $440,000
- 20 Mar 2012Listed for Sale 479000
- 09 Nov 2007Sold for $390,000
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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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