85 Banks Road, Gormandale, VIC 3873 | Property Value & History | OnTheHouse
 
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85 Banks Road
Gormandale VIC 3873

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 173m2
Land area: 55258m2
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Last updated 4 Aug 2025
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Property Details for 85 Banks Rd, Gormandale

Building Type
Rural
Year Built
1970
Floor Size
173m2
Land Size
55258m2
Local Government
Wellington
Lot/Plan
1/PS708934

Last Listing description (May 2022)

Located just out of Gormandale and an easy 20 minute drive to Traralgon is this approx. 15 acre piece of country paradise. Surrounded by an established private garden hides a 3 bedroom, 2 bathroom weatherboard home full of country charm, central kitchen with electric cooking and Winter light filled lounge from the North, Coonarra heating, split system air conditioning and a separate formal lounge boasting an open fire place. A large master bedroom with private deck access and ensuite are separate from the 2 family bedrooms with built in robes, bathroom and home office/study.

4.5kw grid tied solar panel system.
Beautiful undercover entertaining deck overlooking the gardens.

Extensive shedding/workshop plus hose stables and tack room.
Excellent stock yards with crush and loading race.
Gravity fed water system for gardens and stock.
Good stock proof fencing throughout.

Land of this size with charming country homes do not come up too often, do not miss this opportunity! For further information and private inspections, please call Brendan Williams on 0419 811 546.

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Property History for 85 Banks Rd, Gormandale, VIC 3873

A timeline of how this property has performed in the market
Last Sold
$730,000
09 Feb 2022
  • 09 Feb 2022
    Sold for $730,000
  • 25 Jan 2022
    Listed for Sale $750,000
  • 15 Nov 2018
    Sold for $390,000
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About Gormandale 3873

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:

  • The median value for Houses in Gormandale is $706,885 while the median value for Units is $493,268.
There are currently 1 property listed for sale, and no properties listed for rent in Gormandale on OnTheHouse. According to Cotality's data, 12 properties were sold in the past 12 months in Gormandale.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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