64 Reed CrescentWonthaggi VIC 3995
Property Details for 64 Reed Cres, Wonthaggi
64 Reed Cres, Wonthaggi is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 992m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
Last Listing description (March 2018)
Just what everyone wants but no one can find! A classic quarter acre allotment on the South side of Wonthaggi with uncapped development potential with not 1, BUT 2 houses!
Partially renovated with the majority of materials to finish the job included in the sale, the main 3 bedroom dwelling is structurally excellent with mostly cosmetic works required to finish what has been started. Separate to this dwelling is the inclusion of a fully self contained granny flat which is original but in great condition. It has its own hot water service, electricity separately metered and could potentially be leased out individually whilst you apply for a subdivision permit!
Subdivide, invest or live in! The choice is yours! Call today, inspect today!
Property History for 64 Reed Cres, Wonthaggi, VIC 3995
- 27 Jan 2018Sold for $300,000
- 18 Jan 2018Listed for Sale $299,000
- 20 Jul 2016Listed for Rent $280 / 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 4,050 properties. Over the last 5 years, Houses in Wonthaggi have seen a 43.64% increase in median value, while Units have seen a 40.26% increase. As at 30 September 2024:
- The median value for Houses in Wonthaggi is $554,829 while the median value for Units is $447,959.
- Houses have a median rent of $448 while Units have a median rent of $405.
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