968 Monkey Gully Road, Goughs Bay, VIC 3723 sold on 18 June 2025 | OnTheHouse
SOLD
Sold on 18 Jun 2025 for $950,000

968 Monkey Gully Road
Goughs Bay VIC 3723

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 165m2
Land area: 81342m2
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Property Details for 968 Monkey Gully Rd, Goughs Bay

Building Type
Rural
Year Built
1995
Floor Size
165m2
Land Size
81342m2
Local Government
Mansfield
Lot/Plan
3/LP144549

Last Listing description (June 2025)

If you've been dreaming of wide open spaces, panoramic views, and a place to call your own, this 20-acre gem could be just what you're looking for. Set in a peaceful rural setting, this property offers the perfect mix of lifestyle and potential. The home features a large open-plan living area, filled with natural light and designed to make the most of the stunning outlook. The kitchen is a standout - perfect for the budding chef - with generous bench space, quality appliances, and room to entertain. There are three well-sized bedrooms, each with built-in robes, offering comfort and practicality for the whole family. Step outside onto the fabulous deck and soak in the breathtaking views - it's the ideal spot for morning coffee, evening drinks, or simply keeping an eye on your horses or livestock as they graze.For those with rural ambitions, the property is well equipped with cattle yards, good fencing, and a large, reliable dam that ensures year-round water supply. Whether you're into horses, hobby farming, or just looking for room to roam, the infrastructure is here to support your plans. The zoning also allows for the exciting opportunity to subdivide or add a second dwelling (STCA) - perfect for accommodating extended family or generating additional rental income.While the home could benefit from a few finishing touches, the bones are strong, and the opportunity to add value is enormous. With the hard work already started, all that's left is your vision to take it to the next level. This is more than just a property - it's a lifestyle waiting to be lived. Don't miss your chance to secure a slice of country paradise.**Disclaimer**All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Property History for 968 Monkey Gully Rd, Goughs Bay, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$950,000
18 Jun 2025
  • 27 Jun 2025
    Listed for Sale $950,000 - $1,030,000
  • 18 Jun 2025
    Sold for $950,000
  • 18 Dec 2024
    Listed for Sale $1,000,000-$1,100,000
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About Goughs Bay 3723

The size of Goughs Bay is approximately 37.6 square kilometres. It has 1 park. The population of Goughs Bay in 2016 was 261 people. By 2021 the population was 328 showing a population growth of 25.7% in the area during that time. The predominant age group in Goughs Bay is 60-69 years. Households in Goughs Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Goughs Bay work in a managers occupation.In 2021, 80.30% of the homes in Goughs Bay were owner-occupied compared with 85.60% in 2016.

Goughs Bay has 455 properties. Over the last 5 years, Houses in Goughs Bay have seen a 43.00% increase in median value. As at 30 April 2026:

  • The median value for Houses in Goughs Bay is $619,031 while the median value for Units is $539,467.
There are currently 9 properties listed for sale, and no properties listed for rent in Goughs bay on OnTheHouse. According to Cotality's data, 16 properties were sold in the past 12 months in Goughs bay.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.