OFF MARKET

1089 Nepean Highway
Moorabbin VIC 3189

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1408m2
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Last updated 30 Sep 2024
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Property Details for 1089 Nepean Hwy, Moorabbin

1089 Nepean Hwy, Moorabbin is a 2 bedroom, 1 bathroom House. The property has a land size of 1408m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
House
Land Size
1408m2
Local Government
Kingston
Lot/Plan
1/LP9812

Last Listing description (September 2017)

One of the last remaining Californian Bungalows left on the highway on a generous 1401sqm approx, this excellent land opportunity is something to sink your teeth into. With a wide frontage (19.21m approx) on an irregular east-west block, there's infinite possibilities to subdivide and/or redevelop (STCA) into a multi unit site. The current untouched classic is ready for the dynamite but it is set well back from the street with neighbouring homes set more forward, giving you more leverage to take advantage of the entire block. Alternatively, it's an affordable new home site with service road entry. A fantastic proposition either way you choose, within easy reach of Moorabbin Central shops, train, bus, parkland, Moorabbin Primary School, Southland Shopping Centre and Waves Leisure Centre, while less than 10 minutes drive to the beach and the cafe lifestyle of the bayside suburbs.
Agent: hockingstuart Bentleigh

Gavin van Rooyen : 0429 129 229

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Property History for 1089 Nepean Hwy, Moorabbin, VIC 3189

A timeline of how this property has performed in the market
Last Sold
$1,200,000
24 Jan 2014
  • 24 Jan 2014
    Sold for $1,200,000
  • 13 Nov 2013
    Listed for Sale $1,500,000 NEG
  • 16 Mar 1979
    Sold for $31,000

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About Moorabbin 3189

The size of Moorabbin is approximately 4.6 square kilometres. It has 5 parks covering nearly 4.2% of total area. The population of Moorabbin in 2011 was 5,282 people. By 2016 the population was 5,897 showing a population growth of 11.6% in the area during that time. The predominant age group in Moorabbin is 30-39 years. Households in Moorabbin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorabbin work in a professional occupation. In 2011, 74.3% of the homes in Moorabbin were owner-occupied compared with 68.8% in 2016.

Moorabbin has 5,511 properties. Over the last 5 years, Houses in Moorabbin have seen a 25.72% increase in median value, while Units have seen a 14.29% increase. As at 30 September 2024:

  • The median value for Houses in Moorabbin is $1,282,461 while the median value for Units is $734,560.
  • Houses have a median rent of $665 while Units have a median rent of $563.
There are currently 15 properties listed for sale, and 13 properties listed for rent in Moorabbin on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Moorabbin.

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