Gisborne RoadCoimadai VIC 3340
Property Details for 2501 Gisborne Rd, Coimadai
Last Listing description (May 2025)
Nestled just moments from town, this exceptional vacant block offers a world of possibilities. Whether you envision building your dream home, establishing a secure storage yard or utilizing the space as an animal paddock, this property is a rare find with unmatched flexibility. With all plans subject to council approval.
Boasting breath taking views of Merrimu, the land provides a picturesque backdrop that enhances its appeal. It's generous size and convenient location make it ideal for a variety of uses.
For those seeking a financial return, an exciting option/heads of agreement exists to secure an income stream through a potential Lease agreement with a reputable company (T.B.A.) offering a unique investment opportunity in conjunction with ownership.
Opportunities like this don't come around often. Whether you're looking to develop, invest or secure a versatile space, this block ticks all the boxes.
Enquire today to explore the possibilities!
Property History for 2501 Gisborne Rd, Coimadai, VIC 3340
- 21 May 2025Listed for Sale $549,000 - $599,000
- 21 May 2025Sold for $470,000
- 09 Sep 2014Sold for $15,000
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0About Coimadai 3340
The size of Coimadai is approximately 71.6 square kilometres. It has 2 parks covering nearly 27.4% of total area. The population of Coimadai in 2016 was 416 people. By 2021 the population was 409 showing a population decline of 1.7% in the area during that time. The predominant age group in Coimadai is 60-69 years. Households in Coimadai are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coimadai work in a managers occupation.In 2021, 84.00% of the homes in Coimadai were owner-occupied compared with 87.70% in 2016.
Coimadai has 207 properties. Over the last 5 years, Houses in Coimadai have seen a 13.21% increase in median value. As at 30 April 2026:
- The median value for Houses in Coimadai is $850,586 while the median value for Units is $783,597.
Suburb Insights for Coimadai 3340
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