OFF MARKET

22 Reed Street
Orbost VIC 3888

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 711m2
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Last updated 14 Oct 2024
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Property Details for 22 Reed St, Orbost

22 Reed St, Orbost is a 2 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 711m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1960
Floor Size
100m2
Land Size
711m2
Local Government
East Gippsland
Lot/Plan
1/TP257375

Last Listing description (May 2022)

This cosy 2-bedroom cottage located in the beautiful town of Orbost would be great for a first home buyer, investor or some one looking for their next renovation project.

Situated on a large block, there is lots of potentional. With a wood heater, high ceilings, it presents as a neat little house in Orbost, close to shops, only a 10-minute walk into the town centre. Only a short drive to the coastal town of Marlo.

We have a high demand for rental properties in Orbost, so this property would make a great option for an investor.

Worth the inspection Call Jason 0447 543 067

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Property History for 22 Reed St, Orbost, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$185,000
09 May 2022
Listed for Rent
$150/w
05 Oct 2017
  • 09 May 2022
    Sold for $185,000
  • 20 Nov 2020
    Sold for $132,500
  • 25 May 2017
    Listed for Rent - Price not available
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About Orbost 3888

The size of Orbost is approximately 208.6 square kilometres. It has 9 parks covering nearly 86.4% of total area. The population of Orbost in 2011 was 2,493 people. By 2016 the population was 2,231 showing a population decline of 10.5% in the area during that time. The predominant age group in Orbost is 60-69 years. Households in Orbost are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Orbost work in a labourer occupation. In 2011, 69% of the homes in Orbost were owner-occupied compared with 69.9% in 2016.

Orbost has 1,627 properties. Over the last 5 years, Houses in Orbost have seen a 75.04% increase in median value, while Units have seen a 69.10% increase. As at 30 September 2024:

  • The median value for Houses in Orbost is $316,290 while the median value for Units is $275,788.
  • Houses have a median rent of $360.
There are currently 28 properties listed for sale, and no properties listed for rent in Orbost on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Orbost.

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