OFF MARKET

402 Stony Point Road
Crib Point VIC 3919

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 1006m2
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Property Details for 402 Stony Point Rd, Crib Point

402 Stony Point Rd, Crib Point is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1006m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last transferred in September 2013.

Building Type
House
Floor Size
123m2
Land Size
1006m2
Local Government
Mornington Peninsula
Lot/Plan
64/LP6003

Last Listing description (September 2008)

DEVELOPERS, INVESTORS, FIRST HOME BUYERS
THIS 1/4 ACRE PROPERTY IS PERFECTLY SITUATED FOR DEVELOPMENT OPPORTUNITIES, INVESTMENT OR FIRST HOME BUYERS. THE CURRENT HOME NEEDS SOME TLC, BUT COMES WITH 4 LARGE BEDROOMS, ALL WITH BIRS, 2 LIVING ZONES AND A LARGE KITCHEN. NOT TO MENTION A REAR BUNGALOW FOR EXTRA ACCOMMODATION, AND PLENTY OF SHEDDING/GARAGE SPACE.
WITH SOME WORK AND COSMETIC TOUCHES THIS HOME WOULD ACHIEVE A RENTAL RETURN OF APPROX $250 P.W.

OF COURSE ON THE FLIP SIDE IS THE POTENTIAL TO DEVELOP A 3 UNIT SITE (STCA) AND REAP THE BENEFITS.
WHICHEVER WAY IT GOES, ITS ONLY A FEW MINUTES DRIVE FROM THE VIBRANT TOWN OF HASTINGS, CLOSE TO GREAT FISHING IN WESTERN PORT, AND POSITIONED TO TAKE ADVANTAGE OF ALL THE MORNINGTON PENINSULA HAS TO OFFER.

Property History for 402 Stony Point Rd, Crib Point, VIC 3919

A timeline of how this property has performed in the market
Last Transferred
10 Sep 2013
  • 10 Sep 2013
    Transferred
  • 04 Oct 2008
    Sold for $206,000
  • 23 Aug 2008
    Listed for Sale AUCTION
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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.