21 Tower StreetInverloch VIC 3996
Property Details for 21 Tower St, Inverloch
21 Tower St, Inverloch is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 592m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Inverloch in the last 12 months.
Last Listing description (November 2024)
This corner allotment holds potential for future development. With the possibility of subdivision (subject to council approval), this property is ideal for investors seeking returns in the real estate market.
3 comfortable sized bedrooms all serviced by a centrally located bathroom that includes a shower, bath, single vanity and separate toilet.
Additional features include reverse cycle air conditioning, shedding and fenced backyard.
Approx 592 sqm.
Opposite the tennis courts and only a short walk to the beach, primary school & town centre.
In conclusion, this front-set house on a corner allotment is an investment opportunity that should not be missed. Its location opposite a reserve, north-facing backyard and development potential make it a standout choice for astute investors seeking to maximize their returns.
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Property History for 21 Tower St, Inverloch, VIC 3996
- 15 May 2024Sold for $643,000
- 09 Jun 2023Listed for Sale Not Disclosed
- 12 May 2020Listed for Rent $320 / week
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About Inverloch 3996
The size of Inverloch is approximately 100.3 square kilometres. It has 35 parks covering nearly 1% of total area. The population of Inverloch in 2011 was 4,959 people. By 2016 the population was 5,430 showing a population growth of 9.5% in the area during that time. The predominant age group in Inverloch is 60-69 years. Households in Inverloch are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Inverloch work in a professional occupation. In 2011, 69.5% of the homes in Inverloch were owner-occupied compared with 72% in 2016.
Inverloch has 5,832 properties. Over the last 5 years, Houses in Inverloch have seen a 37.75% increase in median value, while Units have seen a 51.23% increase. As at 31 October 2024:
- The median value for Houses in Inverloch is $846,897 while the median value for Units is $533,779.
- Houses have a median rent of $500 while Units have a median rent of $455.
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