54 Leahys LaneTimboon VIC 3268
Property Details for 54 Leahys Lane, Timboon
54 Leahys Lane, Timboon is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 478m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (June 2022)
Two apartment complex centrally located in a high growth area of the popular and vibrant township of Timboon. Only a stones throw to the local P-12 school, medical facilities and the local bowling green. Each two bedroom apartment offers comfortable open plan living, dining and kitchen opening to the fully fenced and sun filled backyards. Bedrooms have built in robes and laundry is of convenient European style with space for washer and dryer. The spacious bathrooms have been recently modernised as has the kitchen. Climate is controlled via reverse cycle air conditioning, cooking is fully electric including dishwasher. Twin car parking offers undercover access to both apartments.
Central, well maintained, excellent return of capital, and in one of the most popular regional townships of Victoria, (as voted Victorian Tourism awards 2021), opportunity is presenting itself to the prudent investor, weekenders, short stay operators or even owner occupiers.
Property History for 54 Leahys Lane, Timboon, VIC 3268
- 16 May 2022Sold for $521,000
- 01 Apr 2021Listed for Sale $545,000 to $565,000
- 09 Oct 2012Sold for $285,000
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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 864 properties. Over the last 5 years, Houses in Timboon have seen a 75.52% increase in median value, while Units have seen a 33.71% increase. As at 31 December 2024:
- The median value for Houses in Timboon is $470,636 while the median value for Units is $440,730.
- Houses have a median rent of $400.
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