OFF MARKET

23 Fidge Crescent
Breakwater VIC 3219

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 577m2
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Property Details for 23 Fidge Cres, Breakwater

23 Fidge Cres, Breakwater is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 577m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1960
Floor Size
90m2
Land Size
577m2
Local Government
Greater Geelong
Lot/Plan
49/LP77684

Last Listing description (January 2023)

Built in an era when homes were made to last, the concrete stumps, hardwood sub-floors and frames will go a long way to ensuring the foundations of this home withstand the tests of time.

Any good property decision should represent good potential for capital growth, options for adding additional capital value through potential improvements and for pure investment, a strong yield potential.

This property offers all three!!!!

Located in a family friendly, quiet established neighbourhood, the home is 5 minutes to the CBD, walking distance to schools, sports reserves, Bellarine rail trail and Tafe, whilst the gorgeous Barwon River walking/cycling tracks are just over 1km away. Having all of this infrastructure on your doorstep will ensure strong capital growth potential for years to come.

Beyond the attractive facade boasting beautiful native plants and balcony,
the home is well presented and comprises 3 generous bedrooms, central bathroom, separate toilet and laundry, kitchen/meals area and living room with gas heater and air conditioning.
Hardwood floors are throughout the main traffic areas. Having a 577m2 (approx.) allotment also lends itself to further extensions if desired (STCA).

These attributes provide huge opportunity to improve the capital value.

Additionally, given the affordable level of the property and high leasing demand in the area, the yield is strong ensuring good initial return on investment.
The current tenant has been there for 10 years and is on a periodic lease providing ultimate flexibility for the new purchaser.

A carport, additional car space off street, secure yard at the rear and garden shed complete this home.

The opportunity and value on offer here can not be denied. Call Dion on 0424 940 629 to learn more.

Property History for 23 Fidge Cres, Breakwater, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$515,000
24 Nov 2022
Listed for Rent
$270/w
07 Jun 2012
  • 24 Nov 2022
    Sold for $515,000
  • 07 Oct 2022
    Listed for Sale $515,000
  • 07 Jun 2012
    Listed for Rent $270 / week
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About Breakwater 3219

The size of Breakwater is approximately 3.1 square kilometres. It has 7 parks covering nearly 32% of total area. The population of Breakwater in 2011 was 1,059 people. By 2016 the population was 1,030 showing a population decline of 2.7% in the area during that time. The predominant age group in Breakwater is 20-29 years. Households in Breakwater are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Breakwater work in a trades occupation. In 2011, 62.4% of the homes in Breakwater were owner-occupied compared with 60.8% in 2016.

Breakwater has 1,107 properties. Over the last 5 years, Houses in Breakwater have seen a 27.83% increase in median value, while Units have seen a 8.92% increase. As at 31 October 2024:

  • The median value for Houses in Breakwater is $616,601 while the median value for Units is $428,125.
  • Houses have a median rent of $430 while Units have a median rent of $375.
There are currently 1 property listed for sale, and 1 property listed for rent in Breakwater on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Breakwater.

Suburb Insights for Breakwater 3219

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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.