SOLD
Sold on 17 Feb 2024 for $720,000

5 Starling Place
Safety Beach VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 125m2
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Property Details for 5 Starling Pl, Safety Beach

5 Starling Pl, Safety Beach is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2018. The property has a land size of 125m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Townhouse sold in Safety Beach in the last 12 months.

Building Type
Townhouse
Year Built
2018
Floor Size
96m2
Land Size
125m2
Local Government
Mornington Peninsula
Lot/Plan
5/PS733710

Last Listing description (March 2024)

A wonderful opportunity has just arisen to purchase a near-new, perfectly presented bay-side 2-bedroom residence within 200 meters from the water.

The property offers spacious open plan living and dining area with stainless quality kitchen appliances, air-conditioner in the living area, a cozy back yard, two bedrooms upstairs with a ceiling fan and a sparkling bathroom.

Always tenanted, the current tenancy ends at the end of November, 2023 with good outlook to be renewed, or easily find a new tenant. Demand for such immaculate 2-bedroom residences is at record high.

The property is equally suited for individual or small family purchasers to take occupancy or use for holiday get-away.

Property History for 5 Starling Pl, Safety Beach, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$720,000
17 Feb 2024
Listed for Rent
$480/w
24 Nov 2022
  • 17 Feb 2024
    Sold for $720,000
  • 14 Jan 2024
    Listed for Rent $480 / week
  • 06 Oct 2023
    Listed for Sale $720,000 to $750,000
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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 5,086 properties. Over the last 5 years, Houses in Safety Beach have seen a 41.23% increase in median value, while Units have seen a 33.88% increase. As at 30 September 2024:

  • The median value for Houses in Safety Beach is $1,193,877 while the median value for Units is $912,089.
  • Houses have a median rent of $695 while Units have a median rent of $605.
There are currently 57 properties listed for sale, and 5 properties listed for rent in Safety beach on OnTheHouse. According to CoreLogic's data, 172 properties were sold in the past 12 months in Safety beach.

Suburb Insights for Safety Beach 3936

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Justin Tang
Show contact details
Briggs Shaw - Blairgowrie
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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.