OFF MARKET

25 Margate Street
Barwon Heads VIC 3227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 517m2
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Last updated 11 Nov 2024
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Property Details for 25 Margate St, Barwon Heads

25 Margate St, Barwon Heads is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 517m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Land Size
517m2
Local Government
Greater Geelong
Lot/Plan
2/LP25571

Last Listing description (November 2023)

The Feel:
You will have to be quick with this one; the bright, private, comfortable beachy vibe is sure to win hearts! Situated in one of Barwon Heads’ most esteemed streets, you can walk to the beach, river, Hitchcock shopping and dining precinct. Ideal for first home buyers, downsizers, holiday investors, or developers, this 517sqm (approx) flat site offers an original 2 BR beach house. The refurbished kitchen, fresh paint, new carpet and SS-AC makes it move-in ready now, while you consider the promise of this site’s future potential. Renovate, extend, or redevelop the site (STCA) to capitalise on the rare opportunity to secure a Margate St address.

The Facts:

-2BR classic beach house; excellent versatility for a family, couple or holiday investor
-Easy flow to north & south lawns, with so much space for kids & pets to play
-Beautifully oriented; light & bright with a cosy split system AC for seasonal comfort
-Attractive street appeal with front veranda to sit & enjoy the garden
-Open plan living, dining & kitchen is flooded with natural light
-The kitchen features a freestanding Westinghouse electric oven/cooktop
-Terrazzo-look laminate bench tops provide durable everyday functionality
-Two bedrooms, with east and south aspects respectively
-Central bathroom offers shower, vanity & toilet, as original
-Laundry leads outdoors to the backyard & separate toilet is a bonus
-New roof and gutters, no work to do !!
-Long driveway to carport suits multiple vehicle parking
-Consider further refurbishments, with ample space to renovate, extend or redevelop the site (STCA)
-Moments away from the river & shops, with nearby recreational/community facilities

The Owner Loves….
“This really is an amazing chance to unlock your coastal dream in one of the best streets in Barwon Heads. The house has vintage charm, and the prime land offers myriad opportunities for the future.”

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 25 Margate St, Barwon Heads, VIC 3227

A timeline of how this property has performed in the market
Last Sold
$1,675,000
10 Nov 2023
Listed for Rent
$190/w
03 May 2007
  • 10 Nov 2023
    Sold for $1,675,000
  • 15 Sep 2023
    Listed for Sale Contact Agent
  • 24 Apr 2007
    Listed for Rent - Price not available
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About Barwon Heads 3227

The size of Barwon Heads is approximately 6.8 square kilometres. It has 13 parks covering nearly 40.4% of total area. The population of Barwon Heads in 2011 was 3,535 people. By 2016 the population was 3,880 showing a population growth of 9.8% in the area during that time. The predominant age group in Barwon Heads is 40-49 years. Households in Barwon Heads are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Barwon Heads work in a professional occupation. In 2011, 74.5% of the homes in Barwon Heads were owner-occupied compared with 78.9% in 2016.

Barwon Heads has 2,698 properties. Over the last 5 years, Houses in Barwon Heads have seen a 36.62% increase in median value, while Units have seen a 20.12% increase. As at 31 October 2024:

  • The median value for Houses in Barwon Heads is $1,412,841 while the median value for Units is $808,395.
  • Houses have a median rent of $650 while Units have a median rent of $640.
There are currently 44 properties listed for sale, and 1 property listed for rent in Barwon heads on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Barwon heads.

Suburb Insights for Barwon Heads 3227

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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.