85 Banks RoadGormandale VIC 3873
Property Details for 85 Banks Rd, Gormandale
85 Banks Rd, Gormandale is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 55258m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (May 2022)
Located just out of Gormandale and an easy 20 minute drive to Traralgon is this approx. 15 acre piece of country paradise. Surrounded by an established private garden hides a 3 bedroom, 2 bathroom weatherboard home full of country charm, central kitchen with electric cooking and Winter light filled lounge from the North, Coonarra heating, split system air conditioning and a separate formal lounge boasting an open fire place. A large master bedroom with private deck access and ensuite are separate from the 2 family bedrooms with built in robes, bathroom and home office/study.
4.5kw grid tied solar panel system.
Beautiful undercover entertaining deck overlooking the gardens.
Excellent stock yards with crush and loading race.
Gravity fed water system for gardens and stock.
Good stock proof fencing throughout.
Land of this size with charming country homes do not come up too often, do not miss this opportunity! For further information and private inspections, please call Brendan Williams on 0419 811 546.
Property History for 85 Banks Rd, Gormandale, VIC 3873
- 09 Feb 2022Sold for $730,000
- 25 Jan 2022Listed for Sale $750,000
- 15 Nov 2018Sold 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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