OFF MARKET

1/25 Cross Street
Lake Tyers Beach VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 149m2
Land area: 175m2
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Last updated 16 Dec 2024
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Property Details for 1/25 Cross St, Lake Tyers Beach

1/25 Cross St, Lake Tyers Beach is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2008. The property has a land size of 175m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
2008
Floor Size
149m2
Land Size
175m2
Local Government
East Gippsland
Lot/Plan
1/PS622406

Last Listing description (February 2024)

This luxury townhouse overlooks 90 mile beach and the lower waters of Lake Tyers and is in what could be argued as the best location in Lake Tyers Beach. The open plan living area on the lower levels opens onto a covered balcony with ocean views. Upstairs, two of the three bedrooms also enjoy ocean views and there is a second balcony. A clever use of light finishes, Ash timber floors amp; some glass give this townhouse a light, modern and very appealing feel. All this is complimented by the easy stroll to the beach, Tavern, general store and proximity to boating facilities. Currently used as a holiday home and holiday rental to selected clients, the property grosses around $40,000 p.a. This is low maintenance beachside living at it's best.

Property History for 1/25 Cross St, Lake Tyers Beach, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$630,000
20 Nov 2020
  • 16 Mar 2021
    Listed for Sale Sold
  • 02 Feb 2021
    Listed for Sale Sold
  • 20 Nov 2020
    Sold for $630,000
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About Lake Tyers Beach 3909

The size of Lake Tyers Beach is approximately 6.5 square kilometres. It has 1 park covering nearly 0.6% of total area. The population of Lake Tyers Beach in 2011 was 868 people. By 2016 the population was 711 showing a population decline of 18.1% in the area during that time. The predominant age group in Lake Tyers Beach is 60-69 years. Households in Lake Tyers Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Tyers Beach work in a trades occupation. In 2011, 78.3% of the homes in Lake Tyers Beach were owner-occupied compared with 73.9% in 2016.

Lake Tyers Beach has 656 properties. Over the last 5 years, Houses in Lake Tyers Beach have seen a 62.97% increase in median value, while Units have seen a 47.97% increase. As at 30 November 2024:

  • The median value for Houses in Lake Tyers Beach is $558,978 while the median value for Units is $532,194.
  • Houses have a median rent of $410.
There are currently 16 properties listed for sale, and no properties listed for rent in Lake tyers beach on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Lake tyers beach.

Suburb Insights for Lake Tyers Beach 3909

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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.