16 Kowloon CrescentCoronet Bay VIC 3984
Property Details for 16 Kowloon Cres, Coronet Bay
16 Kowloon Cres, Coronet Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 531m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Coronet Bay in the last 12 months.
Last Listing description (May 2024)
Nestled in the peaceful enclave of Kowloon Crescent, Coronet Bay – we present an unique opportunity to acquire a quintessential retro beach home. A rare gem that has been family-owned for the past five decades is ideally positioned on a generous 561 m2 corner block, less than 100 metres from the shoreline with a walkway leading directly to the ocean.
Investors, holidaymakers, sea changers, and those seeking a lifestyle shift will be captivated by the potential this property holds. With the possibility of adding a second level (subject to council approval), new owners could capitalise on the panoramic sea views, framed perfectly by the natural line of sight down the direct access beach walkway.
The home itself is a testament to the cherished memories and care poured into it over the years. While it exudes an authentic retro charm, the astute buyer will recognise the opportunity to modernise or extend, leveraging the substantial land size and the enviable location. Privacy is paramount here, with established vegetation providing a secluded retreat, and rear access from a serene court location adds to the sense of exclusivity.
Plus, with close proximity to the double highway, the property ensures an easy commute to Melbourne, offering the perfect balance between seaside serenity and city convenience. This offering is as rare as it is enticing, promising its new owners a lifestyle marked by sun, surf, and endless possibilities. Whether you're seeking a profitable investment, a weekend haven, or a full-
Property History for 16 Kowloon Cres, Coronet Bay, VIC 3984
- 04 May 2024Sold for $640,000
- 28 Mar 2024Listed for Sale Sold
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0About Coronet Bay 3984
The size of Coronet Bay is approximately 5 square kilometres. It has 4 parks covering nearly 2.8% of total area. The population of Coronet Bay in 2011 was 709 people. By 2016 the population was 792 showing a population growth of 11.7% in the area during that time. The predominant age group in Coronet Bay is 60-69 years. Households in Coronet Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coronet Bay work in a labourer occupation. In 2011, 68.2% of the homes in Coronet Bay were owner-occupied compared with 71.9% in 2016.
Coronet Bay has 1,287 properties. Over the last 5 years, Houses in Coronet Bay have seen a 42.63% increase in median value. As at 31 October 2024:
- The median value for Houses in Coronet Bay is $529,593 while the median value for Units is $521,725.
- Houses have a median rent of $440.
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