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Sold on 18 Oct 2024 for $452,500

3/14 William Street
Tyabb VIC 3913

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 96m2
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Property Details for 3/14 William St, Tyabb

3/14 William St, Tyabb is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 96m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Tyabb in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
61m2
Land Size
96m2
Local Government
Mornington Peninsula
Lot/Plan
3/RP5087

Last Listing description (October 2024)

If a low-maintenance lifestyle on the Peninsula is what you've been searching for, then look no further than this immaculately well-maintained unit in the heart of Tyabb. For the savvy investor, lap up the higher-than-average return of over 5% and for the first home buyer, this is the perfect foot in the door. With only 7 units in the complex, all lawns maintained by the owner's corporation, sensational outdoor living and set in a lovely and quiet tree lined street.

? Large fully covered rear courtyard with raised decking & separate side access
? Functional kitchen with courtyard outlook

? Updated bathroom
? Split system heating & cooling
? Single carport on title
? Rental Estimate in current market approx. $420 - $460 per week (5% minimum return)
? Local School Zone; Tyabb Primary, Padua Secondary, Flinders Christian College, Somerville Secondary College

With a relaxed, country vibe but still so close to the buzzing hubs of the Peninsula, you can throw away the car keys, just a quick walk to the train station, the bus only 300m away, and a 5-minute walk to the local caf? and shops. This is the perfect property for first home buyers or astute investors who can enjoy a 5% or greater return. For the same price as a one-bedroom unit, you better be quick to snap up the Peninsula's best buy!!!!!

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Property History for 3/14 William St, Tyabb, VIC 3913

A timeline of how this property has performed in the market
Last Sold
$452,500
18 Oct 2024
  • 18 Oct 2024
    Sold for $452,500
  • 10 Jul 2024
    Listed for Sale $420,000 - $460,000
  • 14 May 2021
    Sold for $357,500
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About Tyabb 3913

The size of Tyabb is approximately 23.9 square kilometres. It has 11 parks covering nearly 1.8% of total area. The population of Tyabb in 2011 was 3,306 people. By 2016 the population was 3,329 showing a population growth of 0.7% in the area during that time. The predominant age group in Tyabb is 50-59 years. Households in Tyabb are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tyabb work in a trades occupation. In 2011, 82.4% of the homes in Tyabb were owner-occupied compared with 83.4% in 2016.

Tyabb has 1,870 properties. Over the last 5 years, Houses in Tyabb have seen a 16.07% increase in median value, while Units have seen a 29.49% increase. As at 30 November 2024:

  • The median value for Houses in Tyabb is $759,943 while the median value for Units is $592,006.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and no properties listed for rent in Tyabb on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Tyabb.

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