OFF MARKET

33 Iluka Street
Safety Beach VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 75m2
Land area: 823m2
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Last updated 11 Nov 2024
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Property Details for 33 Iluka St, Safety Beach

33 Iluka St, Safety Beach is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 823m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1970
Floor Size
75m2
Land Size
823m2
Local Government
Mornington Peninsula
Lot/Plan
769/LP11273

Last Listing description (April 2024)

Ideal for savvy developers and investors seeking instant returns, this classic 2-bedroom beach house rests on approx. 823m2 of level square land, ripe for subdivision (STCA). With open floor plan with kitchen, dining, and a cozy lounge. The central bathroom/laundry caters to convenience. A great rear deck provides the perfect place to enjoy the weather and entertain.

The massive 4-car garage/workshop approx. 7.5m x 12m, featuring a mezzanine storage level and ample workbench space. Currently tenanted at $1,782 per month until 12/23 (with potential renewal), this property promises stable income.

Seize the opportunity to capitalize on the surging buyer demand and limited housing supply. Plus, relish the prime location-just a stroll away from Safety Beach shores, Marine Drive shops, and the Safety Beach Yacht Club. Don't miss this chance to shape your investment future!

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Property History for 33 Iluka St, Safety Beach, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,075,000
18 Nov 2023
Listed for Rent
$350/w
10 Dec 2021
  • 18 Nov 2023
    Sold for $1,075,000
  • 10 Oct 2023
    Listed for Sale Under Offer
  • 30 Nov 2021
    Listed for Rent $350 / week
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About Safety Beach 3936

The size of Safety Beach is approximately 6 square kilometres. It has 23 parks covering nearly 12.2% of total area. The population of Safety Beach in 2011 was 3,517 people. By 2016 the population was 4,824 showing a population growth of 37.2% in the area during that time. The predominant age group in Safety Beach is 60-69 years. Households in Safety Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Safety Beach work in a trades occupation. In 2011, 69.6% of the homes in Safety Beach were owner-occupied compared with 69.8% in 2016.

Safety Beach has 5,100 properties. Over the last 5 years, Houses in Safety Beach have seen a 41.64% increase in median value, while Units have seen a 31.27% increase. As at 31 October 2024:

  • The median value for Houses in Safety Beach is $1,193,877 while the median value for Units is $920,906.
  • Houses have a median rent of $695 while Units have a median rent of $600.
There are currently 62 properties listed for sale, and 5 properties listed for rent in Safety beach on OnTheHouse. According to CoreLogic's data, 329 properties were sold in the past 12 months in Safety beach.

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