OFF MARKET

55A Baromi Road
Baromi VIC 3871

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 701m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 55a Baromi Rd, Baromi

55a Baromi Rd, Baromi is a 3 bedroom, 1 bathroom House. The property has a land size of 701m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Land Size
701m2
Local Government
South Gippsland
Lot/Plan
1/PS738999

Last Listing description (November 2024)

Unleash the potential of 55A Baromi Road, Mirboo Northan ideal property for savvy investors, families or first home buyers looking to break into the property market. Set upon a generous 700m2 allotment, the weatherboard home offers solid bones and a functional floor plan with loads of potential for you to take advantage of!

Freshly painted, the home is thoughtfully set back on the block, with a protected front porch greeting you on arrival. Stepping inside, the entryway leads through to the free-flowing kitchen, dining and living area, where large windows flood the home with natural light.

Warmed by a cosy wood fire with split system as back up, the living room boasts new carpet and a neutral colour palette. Stepping through, the spacious kitchen and dining area deliver a lush garden outlook, electric cooking with generous bench space and storage. For ease of entertaining, there is access through to the North facing and protected back deck, where outdoor dining can be enjoyed.

The home affords three light filled bedrooms which are serviced by the centrally located bathroom with shower over bath and single vanity. Conveniently, the toilet is positioned within a powder room off the expansive laundry, where ample space would allow for a second bathroom to be created.

Outside, a concrete driveway flanks the home, with minimal maintenance lawns and gardens providing a blank canvas; ready for you to put your own personal touches on.

With its prime location near shops, cafes, schools, Baromi Park and the idyllic Grand Ridge Rail Trail, this property presents an affordable and convenient entry into the property market. Contact us today to arrange a private inspection!

*This property is currently tenanted on a fixed term lease until February 2025, receiving $360 per week.

Property History for 55a Baromi Rd, Baromi, VIC 3871

A timeline of how this property has performed in the market
Last Sold
$340,000
27 Feb 2021
  • 20 Nov 2024
    Listed for Sale $420,000
  • 27 Feb 2021
    Sold for $340,000

Commute Calculator

About Baromi 3871

The size of Baromi is approximately 1 square kilometres. It has 1 park covering nearly 16.2% of total area. The population of Baromi in 2011 was 2,296 people. By 2016 the population was 119 showing a population decline of 94.8% in the area during that time. The predominant age group in Baromi is 0-9 years. Households in Baromi are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Baromi work in a trades occupation. In 2011, 83.7% of the homes in Baromi were owner-occupied compared with 90.4% in 2016..

Baromi has 76 properties. Over the last 5 years, Houses in Baromi have seen a 60.86% increase in median value. As at 31 October 2024:

  • The median value for Houses in Baromi is $559,993 while the median value for Units is $540,872.
There are currently no properties listed for sale, and no properties listed for rent in Baromi on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Baromi.

Suburb Insights for Baromi 3871

Market Insights
Baromi Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Baromi Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
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.