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Sold on 30 Nov 2024 for $675,000

8 Ocean Street
Rosebud VIC 3939

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 135m2
Land area: 530m2
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Belle Property Rosebud / Dromana
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Property Details for 8 Ocean St, Rosebud

8 Ocean St, Rosebud is a 4 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 530m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Rosebud in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
135m2
Land Size
530m2
Local Government
Mornington Peninsula
Lot/Plan
8~D/LP5134

Last Listing description (December 2024)

In a quiet street just minutes to the beach and shops, this weatherboard cottage is ideal for investors seeking immediate ROI as it currently has long-term tenants. With some renovation work the characterful property could be a welcoming home for permanent living or holiday escapes, and also offers options for extension or rebuild (STCA).
With original features such as high ceilings, decorative cornicing, picture rails and timber floorboards, the flowing layout provides space and potential, along with a pretty landscaped garden to the rear.
- Good-sized kitchen has dishwasher, built-in oven, ample storage, pantry

- Spacious and sunlit lounge, adjoining dining room with slate flooring
- Screened and shaded deck with laundry, plus easy-care landscaped garden
- 4 good-sized bedrooms zoned separately, 1 with BIRs
- Bathroom with shower, vanity and bath, plus separate toilet
- Spacious, mature front garden, ample off-street parking, covered porch
- Original timber floorboards, high ceilings, and gas ducted heating
- Set in a fantastic location around 800m walk to beach, shops and caf?s
- An ideal investment with immediate returns, long-term tenants
- Abundant future potential for restoration or rebuilding (STCA)

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Property History for 8 Ocean St, Rosebud, VIC 3939

A timeline of how this property has performed in the market
Last Sold
$675,000
30 Nov 2024
Listed for Rent
$330/w
25 May 2013
  • 30 Nov 2024
    Sold for $675,000
  • 01 Nov 2024
    Listed for Sale SOLD
  • 30 Jul 2020
    Sold for $565,000
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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 10,844 properties. Over the last 5 years, Houses in Rosebud have seen a 32.07% increase in median value, while Units have seen a 27.70% increase. As at 30 November 2024:

  • The median value for Houses in Rosebud is $763,410 while the median value for Units is $664,261.
  • Houses have a median rent of $530 while Units have a median rent of $560.
There are currently 80 properties listed for sale, and 15 properties listed for rent in Rosebud on OnTheHouse. According to CoreLogic's data, 415 properties were sold in the past 12 months in Rosebud.

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