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

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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 197.00% increase in median value. As at 30 November 2024:

  • The median value for Houses in Whorouly East is $761,432 while the median value for Units is $466,446.
There are currently no properties listed for sale, and no properties listed for rent in Whorouly east on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Whorouly east.

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