SOLD
Sold on 05 Sep 2024 for $900,000

289 Lays Road EXTENSION
Willung South VIC 3847

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 768904m2
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Property Details for 289 Lays Rd Extension, Willung South

Building Type
Commercial
Land Size
768904m2
Local Government
Wellington
Lot/Plan
1/TP384691

Last Listing description (December 2024)

190 acres of foothill country south of Gormandale.

3 Titles.

Picturesque valley setting.

Predominantly red soils with a reliable rainfall.

Undulating farmlands with retained areas of natural timber.

Stock water dams, plenty of shedding and an older style weatherboard residence requiring major renovation.

Westerly outlook down across the Merriman's Creek valley.

Located a few minutes south of the Gormandale township with views over the surrounding fertile farmland across to Latrobe valley.

For the astute investor, someone with plenty of vision and energy, this property presents limitless opportunity for pasture improvement and general presentation, both of which would dramatically transform the productivity and aesthetics of this secluded strategically located property

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5144 4444

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Property History for 289 Lays Rd Extension, Willung South, VIC 3847

A timeline of how this property has performed in the market
Last Sold
$900,000
05 Sep 2024
  • 05 Sep 2024
    Sold for $900,000
  • 07 Feb 2024
    Listed for Sale Not Disclosed

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About Willung South 3847

The size of Willung South is approximately 112.2 square kilometres. It has 2 parks covering nearly 72.9% of total area. The population of Willung South in 2011 was 292 people. By 2016 the population was 120 showing a population decline of 58.9% in the area during that time. The predominant age group in Willung South is 50-59 years. Households in Willung South are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Willung South work in a professional occupation. In 2011, 74% of the homes in Willung South were owner-occupied compared with 94.3% in 2016..

Willung South has 86 properties. Over the last 5 years, Houses in Willung South have seen a 92.33% increase in median value. As at 30 November 2024:

  • The median value for Houses in Willung South is $625,537.
There are currently 2 properties listed for sale, and no properties listed for rent in Willung south on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Willung south.

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