OFF MARKET

20 Merriang Gap Road
Whorouly East VIC 3735

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7693m2
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Property Details for 20 Merriang Gap Rd, Whorouly East

Building Type
Commercial
Land Size
7693m2
Local Government
Wangaratta
Lot/Plan
1/PS603711

Last Listing description (October 2019)

Looking to build a new home out of town without the need to purchase a large amount of farmland?
In most cases, rural shires will approve new dwellings outside built-up areas only if they are located on blocks of at least 40 hectares. However, this property, located 10 kilometres from Myrtleford and just under 40 kilometres from Wangaratta, is a block of 7,700 square meters but also has grandfathered rights to build a new dwelling without the 40 hectare requirement.
Potential buyers who are interested in a bigger property also have the option of purchasing from the same vendor 20 hectares of farm land adjacent to this block, STCA.

Also on the block is a substantial shed with around 360 square metres of storage/workspace. The shed has planning permission for a wide range of mechanical/engineering applications and can be used by potential buyers to operate their own business or to lease out to another business as a source of income. Alternatively, the shed is also suitable for personal use and to store vehicles and other equipment.
The block has a reliable water supply and ready access to phone and electricity.
Property Code: 673

Property History for 20 Merriang Gap Rd, Whorouly East, VIC 3735

A timeline of how this property has performed in the market
Last Sold
$235,000
31 Oct 2019
  • 31 Oct 2019
    Sold for $235,000
  • 01 Aug 2013
    Listed for Sale $310,000

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About Whorouly East 3735

The size of Whorouly East is approximately 19.3 square kilometres. It has 1 park. The population of Whorouly East in 2011 was 519 people. By 2016 the population was 72 showing a population decline of 86.1% in the area during that time. The predominant age group in Whorouly East is 0-9 years. Households in Whorouly East are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Whorouly East work in a managers occupation. In 2011, 80.1% of the homes in Whorouly East were owner-occupied compared with 84.8% in 2016..

Whorouly East has 53 properties. Over the last 5 years, Houses in Whorouly East have seen a 80.94% increase in median value. As at 31 August 2024:

  • The median value for Houses in Whorouly East is $776,632 while the median value for Units is $351,088.
There are currently no properties listed for sale, and no properties listed for rent in Whorouly east on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Whorouly east.

Suburb Insights for Whorouly East 3735

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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.