OFF MARKET

59 Booran Parade
Tootgarook VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 666m2
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Property Details for 59 Booran Pde, Tootgarook

59 Booran Pde, Tootgarook is a 0 bedroom, 0 bathroom House. The property has a land size of 666m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Land Size
666m2
Local Government
Mornington Peninsula
Lot/Plan
174/LP148168

Last Listing description (September 2024)

Introducing an exceptional opportunity at 59 Booran Parade, Tootgarook. This exclusive property, nestled on a private 666sqm approx. of prime real estate, boasts a generous 15m street frontage. Representing a rare find in the highly sought-after Tootgarook area, this parcel of land is perfect for investors or home builders looking to create their dream residence (subject to council approval).

The current land offers a spacious blank canvas, providing ample room to construct a lifestyle home of your dreams. With plenty of additional space available, you have the flexibility to add desired amenities like a small swimming pool, or a separate studio (subject to council approval). Alternatively, seize the opportunity to secure this valuable land now and preserve its potential value for the future. Blocks of this size are becoming increasingly scarce in the local area.

Notable features of this remarkable property include:

Privacy and seclusion, surrounded by high calibre housing
A short drive to pristine Bay and Ocean back beaches
Mostly cleared for building, with selectively preserved trees for landscaping and privacy
Conveniently located just over an hour from the Melbourne CBD, with many permanent neighbours
Surrounded by world-class wineries and restaurants
Proximity to Peninsula Hot Springs, premier golf courses, and equine activities
Pleasurable drive to Arthur's Seat Eagle Chair Lift and numerous picnic grounds
Abundance of yacht clubs, boating facilities, and launching options in the vicinity

Proudly Marketed By Nicky Hunt at Ray White Rye

Property History for 59 Booran Pde, Tootgarook, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$350,000
23 Nov 2020
  • 30 Jun 2023
    Listed for Sale $390,000
  • 23 Nov 2020
    Sold for $350,000
  • 14 Oct 2020
    Listed for Sale $350,000-$375,000
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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 2,983 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 4 properties listed for rent in Tootgarook on OnTheHouse. According to CoreLogic's data, 84 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.