OFF MARKET

8-10 Scott Street
Orbost VIC 3888

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 549m2
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Last updated 18 Nov 2024
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Property Details for Lot 2/8-10 Scott St, Orbost

Lot 2/8-10 Scott St, Orbost is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 549m2.

Building Type
House
Land Size
549m2
Local Government
East Gippsland

Last Listing description (November 2023)

Compact three-bedroom home on a low maintenance block. This home has recently been refurbished and would be a great starter for a first home buyer looking to get into the market or even as a great alternative for a buyer looking to downsize to a unit. The home has been designed to make the most efficient use of space with two bedrooms at the front off a short hallway, which then opens up to a central lounge. The generous master bedroom sits off the lounge to the Eastern side of the home. A wide doorway then connects the lounge to a combined kitchen/dining room at the rear complete with ample storage and bench space, an LPG Cooktop and electric oven. A generous sized bathroom is off the kitchen, complete with the space and plumbing for a washing machine. A separate toilet is adjacent to the rear entry of the home.

Heating to the home is provided by a refurbished, in-built slow combustion wood heater in the lounge whilst ceiling fans in the master bedroom and lounge help cool things down in Summer. Insulation is also installed in the roof to maintain a comfortable temperature all year round. The floating flooring in the living areas and carpet in the bedrooms were recently installed over the original hardwood flooring and most stumps under the home are concrete.

A long driveway provides plenty of off-street parking. The driveway leads to a single carport and a garden shed towards the rear. There's plenty of room behind the home to grow some veggies and fruit trees and for children and pets to play. The home is currently leased to excellent tenants at $350 per week through to September 2023. This home is in excellent condition and there's nothing left to do other than move in, or for the investor, sign a new lease! There is a strong demand for rental properties in the area and this home would make a great start to a rental portfolio or a great addition to an existing rental portfolio.

Orbost has all your shopping, educational and medical needs and is a welcoming community with a variety of families from young to older. There are three primary schools, a secondary college, Orbost Regional Hospital and Medical Centre, supermarkets, banks, cafes and eateries. Orbost is located just up the river from the coastal town of Marlo. It's around a forty-five minute drive to Lakes Entrance and around an hour to the major rural hub of Bairnsdale. East Gippsland has a lot to offer both its residents and tourists with its unspoilt natural environment and bushland, lakes, rivers and beaches.

Please click on our virtual tour and call Richard on 0401 113 310 or Toni on 0468 947 942 seven days a week to organise your private inspection.
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Property History for Lot 2/8-10 Scott St, Orbost, VIC 3888

A timeline of how this property has performed in the market
  • 15 Jun 2023
    Listed for Sale $339,000

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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 28 properties listed for sale, and 1 property listed for rent in Orbost on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Orbost.

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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.