FOR SALE
Asking $1,845,000

26-30 Creswell Street
Crib Point VIC 3919

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3479m2
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5 LOT SUB DIVISION APPROVED!

OFFERS CONSIDERED - LONG SETTLEMENT AVAILABLE
On offer is a superb, level allotment of approximately 3749m2 with an NRZ1 zoning, an expansive site with an approved planning permit for a 5 lot subdivision.
Enjoying an enviable position within the popular Mornington Peninsula Shire, Crib Point, which is recognised as a local activity centre, offers a relaxed lifestyle within close proximity of the amenities that make day-to-day living a breeze.
You'll enjoy being within walking distance of the beach, The Esplanade with its picturesque outlook and Woolley's Beach Reserve. Morradoo Railway Station with local buses connecting to neighbouring suburbs, HMAS Cerberus, plus a number of reputable schools are all nearby, and you'll be spoilt for choice by the range of cafes, restaurants, wineries, golf club and shopping precincts including Bittern Fields that surround you.
The Stony Point Ferry Terminal offers passage to Phillip Island and French Island, and there's also easy access to the CBD courtesy of Peninsula Link which adjoins a number of freeways.
A fabulous opportunity to buy in now in this up and coming location. Either proceed with the 5 lot subdivision or build on the 3 original parcels.
Motivated Seller - Offers Invited
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Property Details for 26-30 Creswell St, Crib Point

Building Type
Land
Land Size
3479m2

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About Crib Point 3919

The size of Crib Point is approximately 6.5 square kilometres. It has 12 parks covering nearly 2.3% of total area. The population of Crib Point in 2011 was 2,839 people. By 2016 the population was 3,168 showing a population growth of 11.6% in the area during that time. The predominant age group in Crib Point is 50-59 years. Households in Crib Point are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Crib Point work in a trades occupation. In 2011, 75.5% of the homes in Crib Point were owner-occupied compared with 73.8% in 2016.

Crib Point has 1,741 properties. Over the last 5 years, Houses in Crib Point have seen a 44.16% increase in median value, while Units have seen a 23.45% increase. As at 31 August 2024:

  • The median value for Houses in Crib Point is $817,858 while the median value for Units is $518,512.
  • Houses have a median rent of $538 while Units have a median rent of $465.
There are currently 12 properties listed for sale, and no properties listed for rent in Crib point on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Crib point.

Suburb Insights for Crib Point 3919

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Ingrid Ward
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EXP AUSTRALIA VIC
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.