699 Penny Lane, Gooram, VIC 3666 | Property Value & History | OnTheHouse
 
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699 Penny Lane
Gooram VIC 3666

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Land area: 547477m2
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Property Details for 699 Penny Lane, Gooram

Building Type
Commercial
Land Size
547477m2
Local Government
Murrindindi
Lot/Plan
3/LP216926

Last Listing description (May 2019)

Set within the highly productive Mansfield region of Victoria, located at 699 Penny's Lane, Merton, VIC, this previous high yielding Pine plantation property is perfect for conversion to numerous highest and best forward uses including; Lifestyle, Agriculture, Horticulture or if favoured, continued as a commercial plantation.
This property presents exceptional value for those looking for that weekend rural interest. Following commercial harvest, this property was successfully re-established back to pine in 2017 following pre and post helicopter weed control, resulting in excellent seedling growth. The successful purchaser of this plantation property can enjoy future financial returns from the growing pine if patient and the trees are kept and maintained.
The 11 hectares of native vegetation provides a nice balance catering to all interests. The property features well maintained roads and firebreaks.

Title Area: 54.75 hectares (135.29 acres)
Harvested and replanted Pinus Radiata - Pine Area: 39.0 hectares (96.37 acres)
Vegetation Area: 11 hectares (27.18 acres)
Firebreaks / Roads Area: 4.78 hectares (11.81 acres)
* Note - all areas above are approximate in nature - GPS mapping used.

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Property History for 699 Penny Lane, Gooram, VIC 3666

A timeline of how this property has performed in the market
Last Sold
$210,000
05 May 2019
  • 05 May 2019
    Sold for $210,000
  • 07 Nov 2018
    Listed for Sale $390,900
  • 28 Oct 2016
    Sold for $505,000
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About Gooram 3666

The size of Gooram is approximately 112.6 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Gooram in 2016 was 148 people. By 2021 the population was 141 showing a population decline of 4.7% in the area during that time. The predominant age group in Gooram is 60-69 years. Households in Gooram are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Gooram work in a managers occupation.In 2021, 81.30% of the homes in Gooram were owner-occupied compared with 75.40% in 2016.

Gooram has 138 properties. Over the last 5 years, Houses in Gooram have seen a 12.36% increase in median value. As at 30 November 2025:

  • The median value for Houses in Gooram is $963,518 while the median value for Units is $479,264.
There are currently 2 properties listed for sale, and no properties listed for rent in Gooram on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Gooram.

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