7 Hospital RoadTimboon VIC 3268
Property Details for 7 Hospital Rd, Timboon
7 Hospital Rd, Timboon is a 5 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1955m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (December 2022)
Known to most locals historically as a medical consulting rooms and family home, the grand dame is just waiting for someone to restore her to her former glory.
The home is in original condition, with good bones and beautiful hardwood floors throughout. The kitchen retains the original "AGA" style wood burning stove, with added modern appliances. Five bedrooms, or space to utilise as home offices - the possibilities abound. The home has two reverse cycle units for heating & cooling.
Set on a generous central allotment of 1955 sqm in the heart of town, with the bowling club, hospital & medical clinic as neighbours and, also, walking distance to the kindergarten, school, main street and walking trails, opportunity for development on this prime allotment is obvious (STCA).
The offering of a second vacant allotment at 9 Hospital Road may interest the prudent investor/developer looking for prime land in the heart of the vibrant and popular township of Timboon.
Property History for 7 Hospital Rd, Timboon, VIC 3268
- 24 Oct 2022Sold for $375,000
- 07 Oct 2022Listed for Sale $375,000 - $412,500
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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 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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