SOLD
Sold on 05 Jan 2024 for $555,000

2435 Gelantipy Road
W Tree VIC 3885

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 78m2
Land area: 268500m2
Sold By
Coast To Country Real Estate Bairnsdale
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Property Details for 2435 Gelantipy Rd, W Tree

Building Type
Rural
Year Built
1994
Floor Size
78m2
Land Size
268500m2
Local Government
East Gippsland
Lot/Plan
2/LP126391

Last Listing description (March 2024)

Escape the hustle and bustle to this mountain retreat in the tightly held W Tree area of East Gippsland. W Tree is a small, welcoming community of around eighty-five people in the foothills of the Snowy Mountains, approximately eighty kilometres from surf beaches and the Gippsland Lakes at Lakes Entrance. This expansive property of around sixty-six acres feels much bigger with the extensive views across the Murrindal River to the Gelantipy State Forest. The property has the added benefit of a solid, double storey home with electricity connected and solar hot water.

The beautiful, two-bedroom brick home is well setback from the bitumen road that winds its way up from the historical town of Buchan. The bricks for the home were believed to have been hand made by a local Artisan in Lakes Entrance and passive house design was employed to make the home more energy efficient. The lower level has a large, open plan combined kitchen, dining and lounge and is perfect for family living. A generous master bedroom has magnificent views over the valley, whilst a second bedroom upstairs expands on those views. The upstairs bedroom can be access by internal stairs or a set of external stairs. Wherever you wake up in this home, the views are just breathtaking. A family bathroom and a separate laundry sit at the rear of the home whilst a slow combustion wood heater helps keep the home warm during those chilly winter nights. Verandas facing to the north-west are a great place to enjoy the beautiful views whilst sipping on a beer or wine in the evening as the sun sets across the valley. Alternatively, settle down on the lawn in the cooler months around a fire pit and savour the serenity.

A garage with concrete floor, large windows, electric roller door and power connected is setup to take advantage of spectacular views and would make a great teenager's retreat, workshop or could even be converted to a bungalow (STCA). A three-bay carport alongside keeps the cars protected from the weather. A large open front shed to the southern side of the property provides additional storage for farm gear, the caravan, boat and the other must-have toys. Water is supplied by rainwater tanks connected to the roof of the home and a small storage shed, whilst there is LPG for cooking. For those that like to be connected, Satellite NBN is available. The property has been partially cleared and, with the addition of some internal fencing, some stock could be run. Alternatively, the property could suit a variety of horticultural pursuits.

The children or grandchildren will love exploring the property, which runs down to the Murrindal River. There are a number of original tracks on the property which have scattered wattle regrowth which could be opened up to provide easier access to the lower reaches of the property. Needless to say, you'll never be short of firewood here! There are also some spectacular rocky outcrops that provide views down the valley.

For the avid four-wheel drivers, motorbike riders and outdoor enthusiasts there are plenty of State Forests and National Parks in the region to explore. Sambar and Fallow deer regularly move through the property and deer hunting is permitted in thousands of acres of the neighbouring Gelantipy State Forest. A short drive further North will see you linking up with the Snowy River, famous for its Australian Bass fishery. Continue further to Jindabyne, a trout fishing mecca and gateway to the NSW snowfields. The property is also home to native wildlife including Emus, Kangaroos and Wallabies.

For supplies that you can't grow on the property yourself, Buchan has a General Store, Roadhouse, Cafe and the historic Buchan Hotel. Here you will find the famous Buchan Limestone Caves nestled against the Buchan River. There is also a primary school, childcare, neighbourhood house and sporting facilities. A public bus service travels between W Tree and the major rural hub of Bairnsdale twice weekly, terminating at the train station. From here the train travels to the Melbourne CBD.

Properties such as this rarely come on the market so don't miss this opportunity to invest in such a beautiful part of Victoria. Owner occupy or alternatively get together with family or friends and purchase your very own high country weekend getaway or AirBNB! The property is currently tenanted until 14/3/2024 so buy now to enjoy an immediate return or alternatively, a long settlement may be available.

Please view our virtual tour online and contact Richard Ivey on 0401 113 310 or Matt Byrne on 0410 681 323 to arrange an inspection. Inspections available seven days a week, strictly by appointment only.

Property History for 2435 Gelantipy Rd, W Tree, VIC 3885

A timeline of how this property has performed in the market
Last Sold
$555,000
05 Jan 2024
  • 05 Jan 2024
    Sold for $555,000
  • 18 Nov 2023
    Listed for Sale $570,000
  • 28 Oct 2015
    Sold for $189,999
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About W Tree 3885

The size of W Tree is approximately 156.6 square kilometres. It has 4 parks covering nearly 86.2% of total area. The population of W Tree in 2011 was 386 people. By 2016 the population was 46 showing a population decline of 88.1% in the area during that time. The predominant age group in W Tree is 60-69 years. Households in W Tree are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in W Tree work in a managers occupation. In 2006, 23.9% of the homes in W Tree were owner-occupied compared with 78.8% in 2011..

W Tree has 54 properties. Over the last 5 years, Houses in W Tree have seen a 221.15% increase in median value. As at 31 July 2024:

  • The median value for Houses in W Tree is $490,703.
There are currently 1 property listed for sale, and no properties listed for rent in W tree on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in W tree.

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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.