SOLD
Sold on 15 Jul 2024 for $455,000

51 Creswell Street
Crib Point VIC 3919

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1617m2
Sold By
Harcourts Coast & Lifestyle
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Property Details for 51 Creswell St, Crib Point

Building Type
Land
Land Size
1617m2
Local Government
Mornington Peninsula
Lot/Plan
49/LP6003

Last Listing description (October 2024)

Approved two lot subdivision.

Snap up this generous parcel of land, 1617m2 (approx.) before someone else does!!! Located in a quiet pocket of Crib Point... recently rezoned to residential land. The perfect opportunity for those looking for an affordable development site or great building block in a quiet central position.

With limited land available, this blank canvas offers an affordable real estate offering and relaxed lifestyle within walking distance to public transport, and a short drive to all amenities, Stony Point boat ramp, local beaches and HMAS Cerberus.

Call Jason Dowler anytime for further information or to arrange to meet an agent on site.

Property History for 51 Creswell St, Crib Point, VIC 3919

A timeline of how this property has performed in the market
Last Sold
$455,000
15 Jul 2024
  • 15 Jul 2024
    Sold for $455,000
  • 12 Apr 2024
    Listed for Sale $450,000 - $490,000
  • 14 Jan 2020
    Sold for $335,000
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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 16 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.