OFF MARKET

48 Lyons Street
Cressy VIC 3322

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 116m2
Land area: 2024m2
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Property Details for 48 Lyons St, Cressy

48 Lyons St, Cressy is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 2024m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1940
Floor Size
116m2
Land Size
2024m2
Local Government
Colac Otway
Lot/Plan
2~5/PP5210

Last Listing description (September 2022)

If you're ready to banish the 'burbs completely or looking for an out on the weekends to escape the hustle and bustle, then this could just be what you're looking for. Originally built in 1940 this two-bedroom home displays character along with modern conveniences.

A rejuvenation project has been undertaken on the kitchen and bathroom, so the expensive bits are done! The choice is yours whether you settle into the property as is, or maybe use your own creative flair on the additional rooms to add value.

The kitchen is the showpiece of this home without a doubt and will have you enticed to show off your culinary skills. The feature micro tiles act as a splashback throughout and the hues tone in beautifully with the laminate cabinetry. There is an inclusion of a dishwasher and wine storage above the fridge, so let the dinner parties commence.

The entranceway to the lounge area features decorative fretwork. This space is home to an inbuilt wood heater, which requires some work to get it back in working order, ceiling fan and a split system for year-round comfort with lovely big windows allowing for the sun to stream in. The two bedrooms are well proportioned, with both facing the front of the home. There is also a small study to allow to work from home.

The modern bathroom features an oversized showing with sliding glass door, new vanity, and a black feature tile.

The laundry is at the rear of the home with a walk through to the separate toilet and access straight onto the back deck.

Externally there is oodles of room for the family to stretch out and enjoy on this half acre block. Summer will entail test cricket matches for days. There is a garden shed and additionally the property comes with a 40-foot shipping container, so storage will never be an issue. There may even be the potential to be subdivided, subject to council approval.

Located adjacent to the Cressy bowls club, just 10 minutes' drive to the historic town of Beeac, 25 minutes' drive to Colac, 55 minutes to Geelong and 50 minutes to Ballarat, everything is within easy reach, although you may never want to leave this little piece of the world.

Property History for 48 Lyons St, Cressy, VIC 3322

A timeline of how this property has performed in the market
Last Sold
$385,000
07 Jul 2022
  • 07 Jul 2022
    Sold for $385,000
  • 31 May 2022
    Listed for Sale NEW PRICE $395,000
  • 30 Oct 2008
    Sold for $90,000
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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 239 properties. Over the last 5 years, Houses in Cressy have seen a 69.98% increase in median value. As at 31 August 2024:

  • The median value for Houses in Cressy is $383,120.
There are currently 3 properties listed for sale, and no properties listed for rent in Cressy on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Cressy.

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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.