FOR SALE
$335,000

57 Reed Crescent
Wonthaggi VIC 3995

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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Southside Land - genuine quarter acre

On offer is this ideal setting of a geniune and highly sought after clear 1012sqm parcel of land perfectly positioned for future development with all services available or alternatively the ideal setting for your new build family home for those who prefer the traditional southside Wonthaggi town setting.
The property is already fenced to 3 sides and has an existing garage/workshop for extra value.
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Property Details for 57 Reed Cres, Wonthaggi

Building Type
Land
Land Size
1012m2

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About Wonthaggi 3995

The size of Wonthaggi is approximately 52.4 square kilometres. It has 24 parks covering nearly 4.6% of total area. The population of Wonthaggi in 2011 was 4,354 people. By 2016 the population was 4,964 showing a population growth of 14.0% in the area during that time. The predominant age group in Wonthaggi is 60-69 years. Households in Wonthaggi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wonthaggi work in a trades occupation. In 2011, 63.7% of the homes in Wonthaggi were owner-occupied compared with 62.9% in 2016.

Wonthaggi has 4,093 properties. Over the last 5 years, Houses in Wonthaggi have seen a 45.95% increase in median value, while Units have seen a 44.18% increase. As at 30 November 2024:

  • The median value for Houses in Wonthaggi is $565,417 while the median value for Units is $442,901.
  • Houses have a median rent of $450 while Units have a median rent of $395.
There are currently 81 properties listed for sale, and 3 properties listed for rent in Wonthaggi on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Wonthaggi.

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Michael Wilkinson
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OBrien Real Estate Judith Wright
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