SOLD
Sold on 13 May 2024 for $2,600,000

1065 Monkey Gully Road
Goughs Bay VIC 3723

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 97m2
Land area: 1281000m2
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Property Details for 1065 Monkey Gully Rd, Goughs Bay

Building Type
Rural
Floor Size
97m2
Land Size
1281000m2
Local Government
Mansfield
Lot/Plan
1/PS544131

Last Listing description (November 2023)

Nestled in the rolling hills, just a 15-minute drive from Mansfield, lies an extraordinary chance to own an expanse of rural land. Spanning a colossal 551 acres (221 hectares) across two titles, this property is perfectly situated between Mansfield and Goughs Bay.

One of the standout features of this property is the breathtaking 360-degree views it offers. From this vantage point, you'll be spoiled for views of Mt Buller, Paps, Mansfield, and the picturesque High Country. Moreover, this property boasts multiple potential house sites, each promising a unique perspective on this stunning natural panorama.

It's worth noting that this sprawling property is divided into two titles, expanding your options for land use or future sale. Title 1 encompasses a vast 316.5 acres, while title 2 offers a substantial 234.5 acres.

More reasons we love this property:

- Title 1: 316.5 acres (approx.)
- Title 2: 234.5 acres (approx.)
- Historic 3 bedroom homestead
- Single carport
- 4-bay shed/workshop
- Good fencing
- Large hay shed
- Well-maintained cattle yards
- Carrying capacity 150 cows (approx.)
- Multiple dams
- Seasonal creek
- On 2 Titles

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Property History for 1065 Monkey Gully Rd, Goughs Bay, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$2,600,000
13 May 2024
  • 13 May 2024
    Sold for $2,600,000
  • 20 Jul 2023
    Listed for Sale Not Disclosed
  • 07 Apr 2022
    Sold for $1,579,405
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About Goughs Bay 3723

The size of Goughs Bay is approximately 37.6 square kilometres. It has 1 park. The population of Goughs Bay in 2011 was 382 people. By 2016 the population was 270 showing a population decline of 29.3% in the area during that time. The predominant age group in Goughs Bay is 60-69 years. Households in Goughs Bay are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Goughs Bay work in a managers occupation. In 2011, 84.6% of the homes in Goughs Bay were owner-occupied compared with 85.6% in 2016.

Goughs Bay has 450 properties. Over the last 5 years, Houses in Goughs Bay have seen a 100.68% increase in median value. As at 30 September 2024:

  • The median value for Houses in Goughs Bay is $661,950 while the median value for Units is $486,548.
There are currently 11 properties listed for sale, and no properties listed for rent in Goughs bay on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Goughs bay.

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