89 Merrin Cres, Wonthaggi is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 652m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
Located in Wonthaggi's popular South side is this great little investment opportunity.
Only a short walk to McMahon's reserve and children's playground, schools, the main street and a short drive to Cape Paterson's pristine beaches.
This property is sold with a current and approved planning permit to subdivide into two lots (proposed lots pictured in photo 2).
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:
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