487 Hood RoadIndented Head VIC 3223
Property Details for 487 Hood Rd, Indented Head
487 Hood Rd, Indented Head is a 5 bedroom, 5 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 557m2 and floor size of 319m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (September 2023)
Versatile by nature and design, this adaptable home provides options as a shared beach-house investment for multiple members of the same family or offers itself as a savvy AirBNB investment. With two separate self-contained living quarters in the one home connected by a common doorway you can create a single larger home with two living spaces, two kitchens, four/five bedrooms and two bathrooms or separate the homes into separate units creating a two/three bedroom home and a second two bedroom home. Situated approximately 200m from the glistening waters of Port Phillip and the esplanade foreshore reserve, this home is just a short stroll away from the beauty the bay and the picturesque foreshore walks.
Stepping into the home is much like stepping into a home from a bygone era. The interior of the home is largely in original condition with cosmetic features such as painting and carpets having been upgraded. All rooms are spacious and comfortable providing ample space to entertain the family.
The front home (facing Hood Rd) offers one additional feature that the rear home does not. An additional room, accessed via the exterior of the home offers a substantial storage space. Currently, this room is used as a third bedroom for the home at the front.
Externally, there is a single, detached, lock-up garage and a long driveway providing space for the parking of boats, caravans and additional vehicles. The low-maintenance gardens are a 'blank-canvas' and a garden shed provides for your storage needs.
A unique pairing of homes in a fabulous location!
Property History for 487 Hood Rd, Indented Head, VIC 3223
- 09 Sep 2023Listed for Sale Not Disclosed
- 29 Jan 2023Sold for $800,000
- 15 Oct 2022Listed for Sale UNDER OFFER
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About Indented Head 3223
The size of Indented Head is approximately 4.1 square kilometres. It has 6 parks covering nearly 8.3% of total area. The population of Indented Head in 2011 was 920 people. By 2016 the population was 1,127 showing a population growth of 22.5% in the area during that time. The predominant age group in Indented Head is 60-69 years. Households in Indented Head are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Indented Head work in a professional occupation. In 2011, 72.1% of the homes in Indented Head were owner-occupied compared with 73% in 2016.
Indented Head has 1,608 properties. Over the last 5 years, Houses in Indented Head have seen a 35.89% increase in median value, while Units have seen a 20.19% increase. As at 31 October 2024:
- The median value for Houses in Indented Head is $843,963 while the median value for Units is $611,184.
- Houses have a median rent of $480 while Units have a median rent of $780.
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