40 Broome CrescentWonthaggi VIC 3995
Property Details for 40 Broome Cres, Wonthaggi
40 Broome Cres, Wonthaggi is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1910. The property has a land size of 1011m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Wonthaggi in the last 12 months.
Last Listing description (October 2024)
This four-bedroom weatherboard residence presents an enticing opportunity for savvy investors seeking to capitalise on a property with boundless potential.
Occupying a generous 1011 square metre (approx.) plot, this home offers a solid foundation for renovation and enhancement, ensuring a bespoke transformation to meet the demands of the discerning rental market.
The traditional layout features a quartet of well-proportioned bedrooms complemented by two bathrooms, catering comfortably to family living.
The presence of wood heating adds a touch of rustic charm while ensuring a cosy atmosphere during the cooler months.
The property boasts rear lane access complemented by practical shedding -ideal for storage or hobbies. The property's substantial land size also hints at potential development opportunities (STCA), adding another layer of appeal for the future-focused investor.
A mere stone's throw from the bustling town centre, residents enjoy the ease of a short stroll to a variety of local amenities, including shops, eateries, and essential services. The proximity to schools further enhances the property's desirability for families.
40 Broome Crescent represents a rare chance to secure a substantial property in a sought-after locale.
Property History for 40 Broome Cres, Wonthaggi, VIC 3995
- 07 Aug 2024Sold for $480,000
- 14 Jun 2024Listed for Sale $510,000
- 05 Feb 2018Listed for Rent $285 / week
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0About Wonthaggi 3995
The size of Wonthaggi is approximately 52.4 square kilometres. It has 24 parks covering nearly 4.6% of total area. The population of Wonthaggi in 2011 was 4,354 people. By 2016 the population was 4,964 showing a population growth of 14.0% in the area during that time. The predominant age group in Wonthaggi is 60-69 years. Households in Wonthaggi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wonthaggi work in a trades occupation. In 2011, 63.7% of the homes in Wonthaggi were owner-occupied compared with 62.9% in 2016.
Wonthaggi has 4,093 properties. Over the last 5 years, Houses in Wonthaggi have seen a 46.26% increase in median value, while Units have seen a 49.41% increase. As at 31 October 2024:
- The median value for Houses in Wonthaggi is $567,285 while the median value for Units is $451,383.
- Houses have a median rent of $450 while Units have a median rent of $400.
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