OFF MARKET

1 Park Road
Crib Point VIC 3919

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 87m2
Land area: 644m2
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Property Details for 1 Park Rd, Crib Point

1 Park Rd, Crib Point is a 6 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1920. The property has a land size of 644m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
Townhouse
Year Built
1920
Floor Size
87m2
Land Size
644m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP687318

Last Listing description (September 2016)

THIS WELL KNOWN BLOCK OF APARTMENTS ARE NOW ON THE MARKET FOR SALE. FEATURING 2 LARGE APARTMENTS, 1 UPSTAIRS AND 1 DOWNSTAIRS, THIS APARTMENT BLOCK IS A UNIQUE INVESTMENT. BOTH APARTMENTS CURRENTLY TENANTEDEACH APARTMENT HAS A SEPARATE TITLE, BOTH BEING SOLD AS A WHOLE. PERFECT INVESTMENTS OR IDEAL FOR FUTURE RENOVATIONS. PLENTY OF SCOPE FOR IMPROVEMENTS AND GREATER RENTAL RETURNS.EACH APARTMENT HAS 3 BEDROOMS AND 1 BATHROOM. LARGE OPEN LIVING AREAS AND WALKING DISTANCE TO LOCAL SHOPS, TRAIN STATIONS, NAVY BASE AND THE CRIB POINT RSL A DOOR STEP AWAY.

Property History for 1 Park Rd, Crib Point, VIC 3919

A timeline of how this property has performed in the market
Last Sold
$190,000
25 Aug 2014
  • 09 Sep 2016
    Listed for Sale $480,000
  • 25 Aug 2014
    Sold for $190,000
  • 13 Aug 2014
    Listed for Sale UNDER CONTRACT
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About Crib Point 3919

The size of Crib Point is approximately 6.5 square kilometres. It has 12 parks covering nearly 2.3% of total area. The population of Crib Point in 2011 was 2,839 people. By 2016 the population was 3,168 showing a population growth of 11.6% in the area during that time. The predominant age group in Crib Point is 50-59 years. Households in Crib Point are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Crib Point work in a trades occupation. In 2011, 75.5% of the homes in Crib Point were owner-occupied compared with 73.8% in 2016.

Crib Point has 1,760 properties. Over the last 5 years, Houses in Crib Point have seen a 38.05% increase in median value, while Units have seen a 28.17% increase. As at 31 October 2024:

  • The median value for Houses in Crib Point is $822,300 while the median value for Units is $546,026.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 17 properties listed for sale, and no properties listed for rent in Crib point on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Crib point.

Suburb Insights for Crib Point 3919

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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.