OFF MARKET

42 Melville Street
Tootgarook VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 87m2
Land area: 982m2
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Property Details for 42 Melville St, Tootgarook

42 Melville St, Tootgarook is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 982m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
House
Year Built
1960
Floor Size
87m2
Land Size
982m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP624582

Last Listing description (May 2018)

Retro beach retreat 982sqmt 400m to foreshore
Set upon a 982sqmt (approx) allotment just a short 400 metres walk to the sandy beach, opportunity abounds for those seeking an exciting renovating project in an awesome beachside locale or set-and-forgot investment with built-in tenants.

The original 1970s two-bedroom beach cottage is overflowing with old-world charm, the brick home displays excellent bones for a full refurb with ample room to extend up or out (STCA) to create a contemporary coastal residence to match this exceptional location, while the current tenants are happy to extend the lease.
The existing residence features a well-lit living area with tall windows overlooking the garden and a cute retro kitchen with bespoke breakfast bar and gas cooking to prepare the evening meal, which can be enjoyed in the sunroom or enclosed alfresco patio beyond, no matter the weather.
A superb location of the southern peninsula with easy access to golf courses, the hot springs, horse riding trails, wineries and, of course, endless bay and surf beaches, the property includes spacious bedrooms with built-in robes, a quaint original bathroom, Rinnai heater, AC unit, two-car garage/workshop, carport and fruit trees.

Property History for 42 Melville St, Tootgarook, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$670,000
14 Apr 2018
Listed for Rent
$290/w
02 Nov 2016
  • 14 Apr 2018
    Sold for $670,000
  • 19 Mar 2018
    Listed for Sale $649,000 - $710,000
  • 23 Sep 2016
    Listed for Rent - Price not available
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About Tootgarook 3941

The size of Tootgarook is approximately 3.5 square kilometres. It has 10 parks covering nearly 6.7% of total area. The population of Tootgarook in 2011 was 2,695 people. By 2016 the population was 2,871 showing a population growth of 6.5% in the area during that time. The predominant age group in Tootgarook is 60-69 years. Households in Tootgarook are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tootgarook work in a trades occupation. In 2011, 68.1% of the homes in Tootgarook were owner-occupied compared with 67.4% in 2016.

Tootgarook has 2,982 properties. Over the last 5 years, Houses in Tootgarook have seen a 39.80% increase in median value, while Units have seen a 35.17% increase. As at 31 October 2024:

  • The median value for Houses in Tootgarook is $932,276 while the median value for Units is $675,824.
  • Houses have a median rent of $540 while Units have a median rent of $435.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Tootgarook on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Tootgarook.

Suburb Insights for Tootgarook 3941

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.