OFF MARKET

16 Egan Street
Timboon VIC 3268

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5731m2
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Last updated 16 Sep 2024
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Property Details for 16 Egan St, Timboon

16 Egan St, Timboon is a 0 bedroom, 0 bathroom House. The property has a land size of 5731m2. While the property is not currently for sale or for rent, it was last sold in October 2010.

Building Type
House
Land Size
5731m2
Local Government
Corangamite
Lot/Plan
10/LP3303

Last Listing description (September 2024)

Welcome to your dream investment! Nestled in the charming town of Timboon, this expansive residential land parcel with 3 titles, offers a remarkable opportunity to create your ideal home or development project. Spanning an impressive 5,731 sqm, this property is perfect for those seeking space, tranquility, and the potential for future growth.

**Key Features:**

- **Prime Location:** Situated on Egan Street, this property enjoys a peaceful setting while being conveniently close to local amenities, schools, golf course and parks. Timboon is known for its friendly community and stunning natural surroundings, making it an ideal place to live and thrive.

- **Generous Land Area:** With over 5,700 sqm at your disposal, you have ample space to design your dream home, create a lush garden, or even explore development options. The possibilities are endless!

- **Zoning Potential:** This residential land is zoned for residential use, providing you with the flexibility to build your perfect sanctuary or a series of homes (subject to council approval).

- **Investment Potential:** With the growing demand for residential properties in Timboon, this land represents a fantastic investment opportunity. Secure your future in this beautiful region and watch your investment grow.

- **Natural Beauty:** Surrounded by the picturesque landscapes of the Great Ocean Road region, you'll have access to breathtaking scenery, outdoor activities, and a rich local culture. Enjoy the best of both worlds with a serene lifestyle and vibrant community.

Don't miss out on this exceptional opportunity to own a piece of Timboon. Whether you're looking to build your forever home or invest in a promising property, Lot 1, 2 & 10, 16 Egan Street is the perfect canvas for your vision. Contact us today to arrange a viewing and explore the endless possibilities this land has to offer!

For Sale by EOI Closing 5pm Friday 18th October (unless sold prior)

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Property History for 16 Egan St, Timboon, VIC 3268

A timeline of how this property has performed in the market
Last Sold
$430,000
25 Oct 2010
  • 09 Sep 2024
    Listed for Sale Not Disclosed
  • 25 Oct 2010
    Sold for $430,000
  • 24 Aug 2001
    Sold for $150,000
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About Timboon 3268

The size of Timboon is approximately 82 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Timboon in 2011 was 1,255 people. By 2016 the population was 1,191 showing a population decline of 5.1% in the area during that time. The predominant age group in Timboon is 50-59 years. Households in Timboon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Timboon work in a labourer occupation. In 2011, 80.6% of the homes in Timboon were owner-occupied compared with 78.2% in 2016.

Timboon has 865 properties. Over the last 5 years, Houses in Timboon have seen a 63.53% increase in median value, while Units have seen a 14.59% increase. As at 31 August 2024:

  • The median value for Houses in Timboon is $440,930 while the median value for Units is $342,255.
  • Houses have a median rent of $410.
There are currently 8 properties listed for sale, and 1 property listed for rent in Timboon on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Timboon.

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