SOLD
Sold on 15 May 2024 for $350,000

983 Merrimans Creek Road
Gormandale VIC 3873

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 118m2
Land area: 58200m2
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Property Details for 983 Merrimans Creek Rd, Gormandale

Building Type
Rural
Year Built
1950
Floor Size
118m2
Land Size
58200m2
Local Government
Wellington
Lot/Plan
1/TP574534

Last Listing description (August 2022)

As I sit down to write the advertising for this property, I quickly realise that there are no fancy Real Estate words that do this property justice, so I will describe exactly how I felt when I first drove over the hill to visit this home.
Coming along the quiet country road only a 20-minute drive from a large town, I went past stunning bush land and lush green fields framed with ancient gums and observed the wildlife and birds, thinking this drive is beautiful.
I get to the top of the hill and the landscape opens up over this hidden valley, and I say to myself, please let this be the property I am appraising, and it was. It was a moment that took my breath away that such a pocket of land was sitting in my own back yard.

In front of me was the lushest market garden farm and character filled home all nestled on the edge of a natural spring fed river with its own water fall and swimming holes right along the length of the 8 acres.
Surround by a landscape of nature, rarely left today and full of natural water resources and wildlife all within a working self-sustainable market garden farm, Merrimans Creek is its own rare slice of heaven.
When people are paying a million to live in town houses overlooking their neighbours and the world is ever changing, this property is your opportunity to make that lifestyle dream a reality.
The business opportunities here are endless from market gardening to goats and animals, or step it up and tap into Metros passion for Regional and set up a glamping business in one of the three large river frontage areas, for a camping experience and farm experience many are now searching for.
The possibilities are endless!
With so much to list about this property please read below a point form introduction to a true life changing opportunity.

3-bedroom farmhouse with uninterrupted views
Open plan kitchen and dining
The first house from the catchment, so pure clean water
Established orchard
Organic no tile market garden all year-round business opportunity
Fully fenced animal paddocks
Approximately 8.3 acres of fertile pristine land
Bio intensive
Dam irrigation
Zoned residential/rural
Huge dam approx. 1.2 mega litres
Additional use of a further 4/5 extra acres if wanted
3 separate paddocks for horses and livestock
Concrete stumping on house.
25 minutes from Traralgon and Rosedale
30 minutes from the 90-mile beach coastline
Water tanks
Ample shedding

Property History for 983 Merrimans Creek Rd, Gormandale, VIC 3873

A timeline of how this property has performed in the market
Last Sold
$350,000
15 May 2024
  • 15 May 2024
    Sold for $350,000
  • 31 Jan 2022
    Sold for $830,000
  • 20 Dec 2021
    Listed for Sale $829,000
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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.
There are currently 1 property listed for sale, and no properties listed for rent in Gormandale on OnTheHouse. According to CoreLogic's data, 11 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.