OFF MARKET

84 Merrett Street
Peterborough VIC 3270

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 829m2
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Property Details for 84 Merrett St, Peterborough

Building Type
Land
Land Size
829m2
Local Government
Moyne
Lot/Plan
35/LP219339

Last Listing description (April 2018)

829 square meters of land waiting for you to build your dream home.
Peterborough is a town on the Great Ocean Road in Victoria, Australia; approximately three hours' drive from Melbourne. The town was believed to have been founded when the schooner SS Schomberg was wrecked in the middle of the 19th century, though the town was not sufficiently populated to justify a Post Office until 10 April 1890. It has since become a fishing village, and at the 2006 census, Peterborough had a population of 178.[1] The town has two public tennis courts and beaches, and a nine-hole golf course at the Peterborough Golf Club on Schomberg Road.
The town is situated near The Twelve Apostles, and London Arch land formations; and is part of the Shipwreck Coast. Many ships have been wrecked in the vicinity, due to limestone cliffs eroding away and leaving many patches of harder rock concealed just under the waves quite a distance out to sea, and this erosion is ongoing, evidenced by the London Bridge formation collapsing in the early 1990s to form London Arch. One of the most famous wrecks was the Falls of Halladale which was wrecked in 1908 in thick fog, and became a tourist attraction for the next few years as it remained on the reef it was stuck on.(information provided by Wikipedia)

Property History for 84 Merrett St, Peterborough, VIC 3270

A timeline of how this property has performed in the market
Last Sold
$182,500
23 Feb 2018
  • 23 Feb 2018
    Sold for $182,500
  • 18 Sep 2017
    Listed for Sale $208,000
  • 24 Jan 1994
    Sold for $50,000
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About Peterborough 3270

The size of Peterborough is approximately 40 square kilometres. It has 3 parks covering nearly 15.6% of total area. The population of Peterborough in 2011 was 141 people. By 2016 the population was 231 showing a population growth of 63.8% in the area during that time. The predominant age group in Peterborough is 50-59 years. Households in Peterborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Peterborough work in a managers occupation. In 2011, 68.3% of the homes in Peterborough were owner-occupied compared with 71.8% in 2016.

Peterborough has 491 properties. Over the last 5 years, Houses in Peterborough have seen a 89.53% increase in median value. As at 31 August 2024:

  • The median value for Houses in Peterborough is $598,388 while the median value for Units is $423,310.
  • Houses have a median rent of $500.
There are currently 12 properties listed for sale, and no properties listed for rent in Peterborough on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Peterborough.

Suburb Insights for Peterborough 3270

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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.