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Sold on 29 Jan 2024 - Price Unavailable

16 Lyons Street
Cressy VIC 3322

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Property Details for 16 Lyons St, Cressy

Building Type
Land
Local Government
Colac Otway
Lot/Plan
2/TP91359

Last Listing description (January 2024)

Cressy is the perfect location for those looking to escape the everyday hustle and bustle.
This affordable block of land comprises of approximately 1,147 square metres and has a lovely wide 25.3 metre frontage. No services are connected, however water and electricity are situated close by at the front of the property. With township zoning this vacant block is ready and waiting for the new purchaser to build (STCA) or just to secure land for the future.
Some tidying up of the property will need to be carried out, as neighbouring trees to the west of the property have encroached on the boundary.

Located just 30 minutes to Colac and within 1 hour to Geelong and Ballarat.

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Property History for 16 Lyons St, Cressy, VIC 3322

A timeline of how this property has performed in the market
Last Sold
29 Jan 2024
  • 25 Jan 2024
    Sold for $85,000
  • 23 Nov 2023
    Listed for Sale $95,000
  • 05 Dec 2020
    Transferred
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About Cressy 3322

The size of Cressy is approximately 115.8 square kilometres. The population of Cressy in 2011 was 433 people. By 2016 the population was 172 showing a population decline of 60.3% in the area during that time. The predominant age group in Cressy is 70-79 years. Households in Cressy are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Cressy work in a managers occupation. In 2011, 85.4% of the homes in Cressy were owner-occupied compared with 77.6% in 2016..

Cressy has 238 properties. Over the last 5 years, Houses in Cressy have seen a 63.85% increase in median value. As at 30 September 2024:

  • The median value for Houses in Cressy is $378,443.
There are currently 3 properties listed for sale, and no properties listed for rent in Cressy on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Cressy.

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Chris Peeters
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Wayne Mackrell
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Ray White Colac
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