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7 Edgar Street
Wonthaggi VIC 3995

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 869m2
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Property Details for 7 Edgar St, Wonthaggi

7 Edgar St, Wonthaggi is a 2 bedroom, 1 bathroom House. The property has a land size of 869m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Wonthaggi in the last 12 months.

Building Type
House
Land Size
869m2

Last Listing description (February 2024)

Boasting an older style charm, this Edgar Street property offers excellent proximity to Wonthaggi's central business district while also featuring a generous land component of 845sqm^, making it an ideal investment opportunity with future development potential.

The living area is spacious and allows the northerly natural light to flood in, creating a bright and airy atmosphere. The kitchen is basic but functional and offers ample storage space. Both bedrooms are well sized and provide comfortable accommodation. The bathroom is conveniently located and features all the necessary amenities.

Situated on a generous land component, this property offers an excellent opportunity for future development. Whether you have plans to extend the existing dwelling, build additional structures, or explore sub-division options, this property provides a solid foundation for your vision*. The expansive backyard offers endless possibilities for creating an outdoor oasis, a garden retreat, or additional living spaces, limited only by your imagination.

Convenience is key, and this home delivers just that. Ideally located in close proximity to Wonthaggi's CBD, you'll enjoy easy access to a wide range of amenities, including shops, cafes, restaurants, and entertainment options. An easy 5 to 10 minutes drive to beautiful surrounding beaches of Cape Paterson, Kilcunda and Inverloch.

Currently tenanted on a periodic lease, this property could remain a solid investment or be made available for vacant possession.

* Subject to Council Approval
^ Approximately

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Property History for 7 Edgar St, Wonthaggi, VIC 3995

A timeline of how this property has performed in the market
Last Sold
24 Feb 2024
  • 20 Feb 2024
    Sold for $390,000
  • 05 Oct 2022
    Listed for Sale $519,000
  • 07 May 2018
    Sold for $360,000
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About 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 4,091 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.
There are currently 71 properties listed for sale, and 2 properties listed for rent in Wonthaggi on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Wonthaggi.

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Ray White Wonthaggi
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