OFF MARKET

51 Grant Street
Forrest VIC 3236

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 1462m2
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Property Details for 51 Grant St, Forrest

Building Type
Land
Floor Size
102m2
Land Size
1462m2
Local Government
Colac Otway
Lot/Plan
1/TP106226

Last Listing description (August 2015)

In 1923 the manager of the local timber mill at the time built this charming three bedroom home set on 1460sqm of land (approx.). Since then, a lot has occurred in this ever expanding township. With the ever growing Mountain Bike trade in the area the new owners of the property could look to invest and lease the property back out to the bikies or possibly even look to start a backpackers type accommodation (STCA). Features inside include original baltic pine floorboards, two open fire places, nectre wood heater, handmade hardwood windows in the kitchen, freestanding gas cooker, 10 foot high ceilings, North facing sunroom, the home has been restumped, rewired and reroofed. Set back off the main road, the home has the potential to subdivide as there are two accesses (the main road and the laneway - STCA), a solar hot water service has been installed, 5000 litre rainwater tank, fully fenced, Ozikleen treatment plant, not to mention the array of fruit and citrus trees surrounding the home.

Property History for 51 Grant St, Forrest, VIC 3236

A timeline of how this property has performed in the market
Last Sold
$253,000
16 Feb 2015
  • 16 Feb 2015
    Sold for $253,000
  • 07 Nov 2014
    Listed for Sale $260,000
  • 18 Feb 2013
    Listed for Sale 265000

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About Forrest 3236

The size of Forrest is approximately 43 square kilometres. It has 2 parks covering nearly 31.2% of total area. The population of Forrest in 2011 was 237 people. By 2016 the population was 222 showing a population decline of 6.3% in the area during that time. The predominant age group in Forrest is 60-69 years. Households in Forrest are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Forrest work in a professional occupation. In 2011, 75.7% of the homes in Forrest were owner-occupied compared with 79.2% in 2016.

Forrest has 272 properties. Over the last 5 years, Houses in Forrest have seen a 22.16% increase in median value. As at 31 October 2024:

  • The median value for Houses in Forrest is $602,072.
There are currently 2 properties listed for sale, and 1 property listed for rent in Forrest on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Forrest.

Suburb Insights for Forrest 3236

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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.