SOLD
Sold on 05 Jul 2024 for $165,000

24 Merkani Avenue
Venus Bay VIC 3956

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 1575m2
Sold By
Alex Scott & Staff Venus Bay
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Property Details for 24 Merkani Ave, Venus Bay

Building Type
Land
Land Size
1575m2
Local Government
South Gippsland
Lot/Plan
CP169670

Last Listing description (September 2024)

This one is for the serious builders, earthmovers, and experienced tradies out there, and is certainly not for DIYers!

Here we have a beautifully big block of land approximately 1577sqm in size, that will need extensive tidying up, and the remnants of a dwelling that may be salvagable from the subfloor down (subject to a builder's advice).

Those in the know could really benefit here, and make use of the potential views over treetops and the inlet.

The property is set in a very quiet part of Venus Bay's first estate, only a short distance from the shops, local cafes, and beach 1.

Call or email today for more information.

Property History for 24 Merkani Ave, Venus Bay, VIC 3956

A timeline of how this property has performed in the market
Last Sold
$165,000
05 Jul 2024
  • 19 Jul 2024
    Listed for Sale $299,000
  • 05 Jul 2024
    Sold for $165,000
  • 18 Mar 2004
    Transferred

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About Venus Bay 3956

The size of Venus Bay is approximately 17 square kilometres. It has 1 park covering nearly 36.8% of total area. The population of Venus Bay in 2011 was 589 people. By 2016 the population was 932 showing a population growth of 58.2% in the area during that time. The predominant age group in Venus Bay is 60-69 years. Households in Venus Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Venus Bay work in a trades occupation. In 2011, 73.8% of the homes in Venus Bay were owner-occupied compared with 75.3% in 2016.

Venus Bay has 2,456 properties. Over the last 5 years, Houses in Venus Bay have seen a 63.18% increase in median value. As at 30 September 2024:

  • The median value for Houses in Venus Bay is $531,242 while the median value for Units is $561,918.
  • Houses have a median rent of $395.
There are currently 103 properties listed for sale, and 2 properties listed for rent in Venus bay on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Venus bay.

Suburb Insights for Venus Bay 3956

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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.