SOLD
RECENT ADVICE
Sold on 08 Jun 2024 for $605,000

5 Gipps Street
Rosebud VIC 3939

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 541m2
Sold By
Catherine Barrand Realty Mornington Peninsula RYE
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Property Details for 5 Gipps St, Rosebud

Building Type
Land
Year Built
1970
Land Size
541m2
Local Government
Mornington Peninsula
Lot/Plan
25~A/LP5134

Last Listing description (June 2024)

AUCTION - ON-SITE - Saturday 8th June at 2:30pm.

Situated in the heart of Rosebud, only 500 metres (approx.) to the beach and shops, is this delightfully flat parcel of land (546m2) with approved plans for two meticulously designed townhouses, ready to go!

This is a perfect opportunity for builders, developers, owner-occupiers and investors to take advantage of the existing plans or to design/build their dream home (STCA) in this dream location.

- The current plans are for two townhouses.
- Plans for each townhouse include, three bedrooms, two bathrooms including ensuite and DLUG.
- Walking distance to the local shops, cafes and restaurants.
- Approx. 500 metres to the tranquil waters of Rosebud beach.
- A few minutes drive to the Rosebud plaza.
- Close to Rosebud primary and secondary schools plus other amenities.
- Plans are approved by town planning and are available upon request.
- Building permit not included.

For further information, please call Catherine on 0434 492 535.

This opportunity won't last, so get in quick, as your Peninsula dream awaits!

Property History for 5 Gipps St, Rosebud, VIC 3939

A timeline of how this property has performed in the market
Last Sold
$605,000
08 Jun 2024
  • 08 Jun 2024
    Sold for $605,000
  • 25 Apr 2024
    Listed for Sale Auction
  • 14 Jan 2019
    Sold for $490,000
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About Rosebud 3939

The size of Rosebud is approximately 17.1 square kilometres. It has 36 parks covering nearly 26.1% of total area. The population of Rosebud in 2011 was 12,501 people. By 2016 the population was 13,188 showing a population growth of 5.5% in the area during that time. The predominant age group in Rosebud is 60-69 years. Households in Rosebud are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rosebud work in a trades occupation. In 2011, 68.9% of the homes in Rosebud were owner-occupied compared with 67.9% in 2016.

Rosebud has 10,770 properties. Over the last 5 years, Houses in Rosebud have seen a 35.74% increase in median value, while Units have seen a 30.98% increase. As at 30 September 2024:

  • The median value for Houses in Rosebud is $767,703 while the median value for Units is $645,736.
  • Houses have a median rent of $525 while Units have a median rent of $550.
There are currently 75 properties listed for sale, and 24 properties listed for rent in Rosebud on OnTheHouse. According to CoreLogic's data, 418 properties were sold in the past 12 months in Rosebud.

Suburb Insights for Rosebud 3939

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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.