SOLD
Sold on 27 Jan 2024 for $645,000

63 Eighth Avenue
Rosebud VIC 3939

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 390m2
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Property Details for 63 Eighth Ave, Rosebud

63 Eighth Ave, Rosebud is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 390m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Rosebud in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
100m2
Land Size
390m2
Local Government
Mornington Peninsula
Lot/Plan
71~H/LP5108

Last Listing description (March 2024)

Set is a desirable location, just steps to the shops and eateries of Point Nepean Road and the crystal-clear waters of the foreshore beaches is this two-bedroom house offering rare water views on an allotment of 395 sqm approx.

The house in original condition offers floorboards throughout, two good sized bedrooms, a serviceable kitchen with upright gas cooktop an electric oven, a modest bathroom, and a covered rear patio with views of Arthurs seat. Under the house is a single garage and second living area or games room.

The open plan living area, flooded with an abundance of natural light spills onto the covered front deck with water glimpses.

The opportunity to the astute would be twofold. Either renovate and/or extend the existing home to create a comfortable residence. Or remove the existing house and replace with a double story home (stca) which would likely offer sweeping bay views, a rarity this close to the beach.

This home will appeal to first home buyers, those wanting to renovate or to the buyer who appreciate the future capital growth of the location.

Property History for 63 Eighth Ave, Rosebud, VIC 3939

A timeline of how this property has performed in the market
Last Sold
$645,000
27 Jan 2024
Listed for Rent
$270/w
10 Oct 2016
  • 27 Jan 2024
    Sold for $645,000
  • 27 Dec 2023
    Listed for Sale SOLD
  • 06 Sep 2016
    Listed for Rent - Price not available
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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 10,831 properties. Over the last 5 years, Houses in Rosebud have seen a 33.61% increase in median value, while Units have seen a 29.60% increase. As at 31 October 2024:

  • The median value for Houses in Rosebud is $764,159 while the median value for Units is $653,771.
  • Houses have a median rent of $530 while Units have a median rent of $550.
There are currently 91 properties listed for sale, and 16 properties listed for rent in Rosebud on OnTheHouse. According to CoreLogic's data, 417 properties were sold in the past 12 months in Rosebud.

Suburb Insights for Rosebud 3939

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Paul Cunnington
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Thomas Solunto
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Barry Plant Rosebud
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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.