OFF MARKET

71 Bailey Street
Timboon VIC 3268

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 1660m2
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Property Details for 71 Bailey St, Timboon

71 Bailey St, Timboon is a 2 bedroom, 2 bathroom House. The property has a land size of 1660m2. While the property is not currently for sale or for rent, it was last sold in October 1999.

Building Type
House
Land Size
1660m2
Local Government
Corangamite
Lot/Plan
1/TP710381

Last Listing description (August 2024)

It's all about location, location. This dominant multi use site ticks all the boxes. This rare and exciting opportunity would benefit greatly anyone wanting to set up as a business aiming for high exposure, but as equally exciting for the developer minded wanting to take advantage of this large 1660m2 parcel with front and rear road access.

Although the land in its own right is very appealing on various levels, the brick building with a large hall, also offers other opportunities, without too much initial outlay.

The local Hospital, CBD, P12 School, Golf Course and all sporting facilities are all just within walking distance from this site.

Left only to your own imagination, this large central site will leave you thinking about your next move.

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Property History for 71 Bailey St, Timboon, VIC 3268

A timeline of how this property has performed in the market
Last Sold
$39,000
29 Oct 1999
  • 27 Aug 2024
    Listed for Sale $450,000
  • 31 Oct 2023
    Listed for Sale EXPRESSIONS OF INTEREST
  • 29 Oct 1999
    Sold for $39,000

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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 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.
There are currently 8 properties listed for sale, and 1 property listed for rent in Timboon on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Timboon.

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