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Sold on 16 Dec 2023 for $791,000

74 First Avenue
Rosebud VIC 3939

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 795m2
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Property Details for 74 First Ave, Rosebud

74 First Ave, Rosebud is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 795m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Rosebud in the last 12 months.

Building Type
House
Land Size
795m2
Local Government
Mornington Peninsula
Lot/Plan
192/LP13335

Last Listing description (December 2023)

Auction Location: On-Site

Set in a sought after location, steps to the Rosebud Plaza and glistening foreshore beach is this brick veneer home in need of 'some love' on an allotment of almost 800sqm.

With some creativity and effort, this could be transformed into a fabulous family or holiday home.

Alternatively, the land lends itself for a subdivision and construction of side by side residences (STCA).

The current owner started the process and has plans available through Metricon. Although not approved, the hard yards have already been done for you. The plans are for two 'side by side' dwellings consisting of:

• 4 Bedrooms, Master on Ground Floor
• 2 Bathrooms, additional powder room
• 2 Living areas, separate study
• Double Garage
• Covered Alfresco

Whatever you decide to do, the astute buyer will appreciate that Blue Chip real estate walking distance to the beach will always appreciate over time.

Call for a discussion about the plans and estimated costs to build, or for a private inspection.

Property History for 74 First Ave, Rosebud, VIC 3939

A timeline of how this property has performed in the market
Last Sold
$791,000
16 Dec 2023
Listed for Rent
$550/w
31 Mar 2021
  • 16 Dec 2023
    Sold for $791,000
  • 15 Nov 2023
    Listed for Sale Not Disclosed
  • 23 Mar 2021
    Sold for $780,000
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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 21 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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Thomas Solunto
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Paul Cunnington
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Barry Plant Rosebud
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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.