OFF MARKET

57 Guest Street
Tootgarook VIC 3941

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 744m2
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Last updated 11 Nov 2024
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Property Details for 57 Guest St, Tootgarook

57 Guest St, Tootgarook is a 4 bedroom, 1 bathroom House. The property has a land size of 744m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Floor Size
75m2
Land Size
744m2
Local Government
Mornington Peninsula
Lot/Plan
217/LP41898

Last Listing description (October 2023)

Are you a visionary investor looking for a diamond in the rough?
This property presents an exceptional opportunity to turn your renovation dreams into a reality. Nestled in a serene neighborhood, this 4-bedroom brick home awaits your creative touch.

The house is in need of significant renovation or could be a candidate for a fresh start with a demolition and rebuild (STCA). This means you have full creative freedom to craft the home of your dreams.

Whether you're a seasoned investor or a first-time renovator, this property promises a substantial return on investment. The potential is limitless, allowing you to reimagine and redefine the space to meet modern demands.

Renovation or demolition will be required, with the property being sold "as is, including any old building materials currently on the property.

Property History for 57 Guest St, Tootgarook, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$601,500
18 Aug 2023
  • 18 Aug 2023
    Sold for $601,500
  • 04 Aug 2023
    Listed for Sale $619,000
  • 09 Oct 1998
    Sold for $115,000
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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.