38 Morgan StreetTimboon VIC 3268
Property Details for 38 Morgan St, Timboon
38 Morgan St, Timboon is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 1400m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Timboon in the last 12 months.
Last Listing description (March 2024)
This family home is set in a highly desired part of Timboon and represents a lot of bang for your buck.
The home comprises of 3 bedrooms with the main boasting an ensuite and 2 large BIR's, a separate bathroom with a bath, central Kitchen that is open plan to the dining and the two sperate livings areas at either end of the home.
The garage is connected to a large undercover area that runs almost the full length of the home, as well as a shed at the rear that is ideal for anyone wanting to work from home, as well for extra storage.
One of the biggest and most exciting assets with this property is that there are two individual block titles, making this is a standout investment opportunity. In all the block is 1400m2 approx., making each title just over 700m2 each. Put simply, if you no longer want a big block or want to pay of the house, then with a little bit of work just sell the second title. It really is that easy.
Arguably this must be one of the best opportunities to come on the market in recent times.
Property History for 38 Morgan St, Timboon, VIC 3268
- 22 Jan 2024Sold for $519,000
- 25 Oct 2023Listed for Sale $550,000
- 22 Feb 2018Transferred
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0About 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 863 properties. Over the last 5 years, Houses in Timboon have seen a 60.13% increase in median value, while Units have seen a 24.11% increase. As at 31 October 2024:
- The median value for Houses in Timboon is $447,940 while the median value for Units is $378,923.
- Houses have a median rent of $410.
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