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Back 3 Sloan Avenue
Off Market

3 Sloan Avenue

Leongatha VIC 3953

2
1
686 m²
House
Last sold for $380,000
Jack GilchristJack Gilchrist, last sold this property on 21 August 2025 after 29 days on market.

Overview

The Brief: Rare Investment Opportunity with Approved Subdivision

Ideally located on a flat 686m² corner allotment, 3 Sloan Avenue, Leongatha presents an exciting and rare opportunity for developers, investors and first home buyers alike. With council-approved plans already in place for a two-lot subdivision, the majority of preliminary works have been thoughtfully completed, making this a highly attractive prospect. Approximately 90% of the subdivision process is already done, including surveying, sewerage and water connections, NBN applications, engineering, fencing and electricity connection with AusNet. All thats left to finalise is the drainage and crossover to the newly created lot at the rear (proposed 1B Bond Court), after which the subdivision can be formally endorsed by council. The existing residence is a solid and comfortable home, featuring durable hardwood floors, a tiled roof and aluminium windows. Offering two separate living areas, it includes a generous main lounge plus a bright and open-plan kitchen, dining and living space. The recently renovated kitchen is a highlight, with brand new electric appliances, abundant storage and lovely natural light throughout. Two bedrooms are provided, one with built-in robes, along with a practical family bathroom, corner shower, and separate toilet. The layout is comfortable and functional, providing an excellent foundation for further cosmetic updates and improvements if desired. This unique property opens up numerous possibilities – live in or renovate the existing home while constructing a new residence on the rear allotment, subdivide and sell off the newly created block, or capitalise on your investment by selling both separately upon completion. Opportunities of this calibre rarely come onto the market with so much of the groundwork already laid out. Move quickly to secure this exceptional investment and unlock its outstanding potential. Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Features

2 bedrooms
1 bathroom
686 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Leongatha over the last 12 months, the estimated median property value of 3 Sloan Avenue is $380k.

Median value
$380k
Estimated value range
$315k - $700k
Median days on market
59
Estimated value trend
-16%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Leongatha. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3 Sloan Avenue

2025
Sold
$380,000
Private Sale/Treaty on 21 Aug 2025 by Jack Gilchrist, of Area Specialist - Aspendale Gardens
2025
Sold
$380,000
21 Aug 2025 by Jack Gilchrist, of Area Specialist Solutions
2015
Sold
$157,000
17 Nov 2015 by Glenys Foster, of Harcourts Leongatha

Happy sellers in Leongatha

65%
65% of sellers in Leongatha reported that their sale price either exceeded or met their price expectations.

Leongatha stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Leongatha over the last 12 months.

Local market activity for 2 bedroom houses in Leongatha

In the last 12 months, 7 two-bedroom houses similar to 3 Sloan Avenue, have been sold.

This represents a 80% decrease in two-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Leongatha

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Kellie Thomas

Kellie Thomas is an award winning recommended agent for Leongatha.  They have 21 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (69 reviews)
  •  7 Reviews in Leongatha
  •  21 Sales in Leongatha
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Jack Gilchrist

Sellers who recommend Jack Gilchrist have praised them for being clear communication, local expert, responsive, friendly, supportive, pleasant and honest

  •   5   (293 reviews)
  •  2 Reviews in Leongatha
  •  8 Sales in Leongatha
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Michael Hanily

Michael Hanily is a recommended agent for Leongatha.  They have 38 local sales across the last 12 months.

  •  38 Sales in Leongatha
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Christie Nelson

Sellers who recommend Christie Nelson have praised them for being clear communication, local expert, friendly, responsive, supportive, trustworthy and empathetic

  •   5   (40 reviews)
  •  18 Sales in Leongatha
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