150 Gonzaga Lane, Merrijig, VIC 3723 | Property Value & History | OnTheHouse
OFF MARKET

150 Gonzaga Lane
Merrijig VIC 3723

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 359884m2
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Property Details for 150 Gonzaga Lane, Merrijig

Building Type
Rural
Land Size
359884m2
Local Government
Mansfield
Lot/Plan
47B/PP3094

Last Listing description (July 2026)

A true generational offering, this magnificent 88-acre property comes to market for the first time in 75 years. Rich in history and held by the same family for two generations, it captures the essence of Victoria's High Country with its character, beauty, and breathtaking views.

Formerly known as Overby, the land carries a proud legacy as a working cattle property. Today, it remains just as impressive, with panoramic views across Mt Buller, Timbertop, and down the valley toward Mt Torbreck.

A reliable dam and the gently winding seasonal Stony Creek enhance both the functionality and charm of the land, while scattered majestic gums provide shade, firewood, and an unmistakable Australian landscape.

Perfectly positioned, the property offers easy access to thousands of acres of surrounding State Forest just up the road-opening the door to endless outdoor adventure and exploration.

Features we love:
- A significant piece of Merrijig's history
- Sweeping, uninterrupted mountain and valley views
- Reliable dam and seasonal Stony Creek
- 88 acres with an excellent fertiliser history
- Easy access, just 4.3km to the heart of Merrijig
- Close to Merrijig Primary School
- State Forest nearby for horse riding, motorbike riding, and hiking

This is more than farmland, it's a legacy holding, a lifestyle retreat, and a truly once-in-a-generation opportunity not to be missed.

Property History for 150 Gonzaga Lane, Merrijig, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$430,000
11 Jun 2015
  • 25 Sep 2025
    Listed for Sale $1,495,000
  • 11 Jun 2015
    Sold for $430,000
  • 21 Sep 2013
    Listed for Sale $425,000
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About Merrijig 3723

The size of Merrijig is approximately 157.3 square kilometres. There is 1 park, covering nearly 46.0% of the total area. The population of Merrijig in 2016 was 549 people. By 2021 the population was 721 showing a population growth of 31.3% in the area during that time. The predominant age group in Merrijig is 10-19 years. Households in Merrijig are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Merrijig work in a professional occupation.In 2021, 85.00% of the homes in Merrijig were owner-occupied compared with 73.40% in 2016.

Merrijig has 563 properties. Over the last 5 years, Houses in Merrijig have seen a -21.41% decrease in median value, while Units have seen a 34.17% increase. As at 31 July 2026:

  • The median value for Houses in Merrijig is $729,519 while the median value for Units is $491,237.
  • Houses have a median rent of $500.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Merrijig on OnTheHouse. According to Cotality's data, 13 properties were sold in the past 12 months in Merrijig.

Suburb Insights for Merrijig 3723

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Cotality Copyright and Legal Disclaimers about Property Data
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.