OFF MARKET

6 Ralston Court
Orbost VIC 3888

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 710m2
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Last updated 11 Nov 2024
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Property Details for 6 Ralston Ct, Orbost

6 Ralston Ct, Orbost is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 710m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1960
Floor Size
96m2
Land Size
710m2
Local Government
East Gippsland
Lot/Plan
12/LP82033

Last Listing description (December 2022)

Great investment returns or excellent property to get your foot into the property market! Ideal property for investors or first home owners!

Located on a large wedge-shaped block of land (710m2) at the end of a small court, is this solid three-bedroom home. The property features a North-east facing covered deck, overlooking a private secure backyard, safe for kids and pets to play. There are two carports, single garage, workshop/studio and a garden shed as well as a welcoming front veranda.

Presents as a family home with three bedrooms, L-shaped lounge and dining area which adjoins the kitchen with a electric cooking. The lounge features a freestanding slow combustion woodfire heater for those chilly winter months and there is also an air-conditioner for the summer months. The bathroom has a separate shower and bath and there is a separate toilet and laundry. Original timber floorboards are hidden under carpeted flooring in the bedrooms and loungeroom.

Low maintenance fibro home sitting on concrete stumps covered by a tiled roof. Ideal for investors looking for a solid rental property with a good rental yield or first home owners with Government grants on offer (STA). Walking distance to schools, Sports Centre, Golf Club and Orbost Regional Hospital and Medical Centre , with shops and cafes not far away.

There is a strong demand for rental properties in Orbost and this property could be rented up to $320 per week which would give you a 5.9% gross rental yield!

Orbost is a very friendly community in East Gippsland and is nestled on the Snowy River. It's only a 15 minutes drive to the coastal town of Marlo and a 45 minutes drive to the popular tourist destination of Lakes Entrance.

Please click on our 360 degree virtual tour or contact Teresa Young on 0429 398 730 seven days a week for a private inspection.

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Property History for 6 Ralston Ct, Orbost, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$267,000
25 Oct 2022
Listed for Rent
$300/w
02 Mar 2022
  • 25 Oct 2022
    Sold for $267,000
  • 22 Mar 2022
    Listed for Sale $280,000
  • 10 Feb 2022
    Listed for Rent $300 / week
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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 1,628 properties. Over the last 5 years, Houses in Orbost have seen a 75.94% increase in median value, while Units have seen a 138.07% increase. As at 31 October 2024:

  • The median value for Houses in Orbost is $323,047 while the median value for Units is $352,094.
  • Houses have a median rent of $360.
There are currently 29 properties listed for sale, and 1 property listed for rent in Orbost on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Orbost.

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