This Gormandale rural property represents excellent value at this price point. It Will appeal to those who wish to complete some improvements to the existing 3 bedroom home or build a new home (STCA) on the flat high point to take in the views and surrounds.
The home has a good quality kitchen and the bathroom has recently been retiled and rejuvenated. Wood heater in lounge. Good sized home with gas appliances.
The property has a water right for 1 Meg of water to be drawn from Morrison Creek at the foot of the property and benefits from 2 large concrete tanks. Water will never be an issue here.
The size of Gormandale is approximately 93.2 square kilometres. It has 2 parks covering nearly 9.0% of total area. The population of Gormandale in 2016 was 321 people. By 2021 the population was 324 showing a population growth of 0.9% in the area during that time. The predominant age group in Gormandale is 60-69 years. Households in Gormandale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gormandale work in a managers occupation.In 2021, 81.20% of the homes in Gormandale were owner-occupied compared with 85.50% in 2016.
Gormandale has 194 properties. Over the last 5 years, Houses in Gormandale have seen a 76.28% increase in median value, while Units have seen a 126.59% increase. As at 31 January 2026:
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