OFF MARKET

45 Lock Road
Rhyll VIC 3923

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 124m2
Land area: 841m2
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Last updated 11 Nov 2024
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Property Details for 45 Lock Rd, Rhyll

45 Lock Rd, Rhyll is a 5 bedroom, 3 bathroom House and was built in 1980. The property has a land size of 841m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
House
Year Built
1980
Floor Size
124m2
Land Size
841m2
Local Government
Bass Coast
Lot/Plan
7/LP34424

Last Listing description (October 2016)

Three residences on one block, the opportunities are endless!
Situated within walking distance of Rhyll beach and township, this property is an ideal income producer or room for the extended family.
The main residence is a two storey home featuring, on the upper level, 3 large bedrooms, all with built in robes, open plan kitchen/dining/living area with new split system air conditioner, bathroom with separate toilet. On the lower level is a second lounge/entertainment area, kitchenette area, additional bathroom (with separate toilet) and large laundry. A double door, 3 car garage and covered veranda round off the main residence. This house is currently tenanted for approximately $1200pcm.

The property also features 2 separate fully self-contained bungalows located at the rear of the property. Each unit has individually connected water and power supplies, ideal for permanent or holiday rental. Both bungalows are offered complete with furnishings and could earn approximately $100 - $150 per night per bungalow.
This property offers endless options as a Bed and Breakfast, a permanent home with private bungalow rental, or for extended family enjoyment.

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Property History for 45 Lock Rd, Rhyll, VIC 3923

A timeline of how this property has performed in the market
Last Sold
$485,000
16 Jun 2016
Listed for Rent
$340/w
25 Sep 2014
  • 16 Jun 2016
    Sold for $485,000
  • 19 Jun 2015
    Listed for Sale $549,000
  • 04 Sep 2014
    Listed for Rent $340 / week
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About Rhyll 3923

The size of Rhyll is approximately 16.1 square kilometres. It has 8 parks covering nearly 21.9% of total area. The population of Rhyll in 2011 was 674 people. By 2016 the population was 582 showing a population decline of 13.6% in the area during that time. The predominant age group in Rhyll is 60-69 years. Households in Rhyll are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rhyll work in a trades occupation. In 2011, 80.9% of the homes in Rhyll were owner-occupied compared with 81.8% in 2016.

Rhyll has 725 properties. Over the last 5 years, Houses in Rhyll have seen a 40.93% increase in median value, while Units have seen a 48.42% increase. As at 31 October 2024:

  • The median value for Houses in Rhyll is $789,626 while the median value for Units is $559,092.
  • Houses have a median rent of $330.
There are currently 18 properties listed for sale, and no properties listed for rent in Rhyll on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Rhyll.

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