41 Teddy Bear Lane

Off Market

41 Teddy Bear Lane

Cowes VIC 3922

629 m²

House

Last sold for $520,000

Bec Anderson, last sold this property on 06 June 2023 after 99 days on market.

Overview

Original 2 Bedroom Beach House - Potential Plus!

Positioned in a quiet and peaceful location in Teddy Bear Lane, only a 10-15 minute walk to the beautiful north facing Red Rocks Beach, and 3.5kms to Thompson Avenue, to access shops, cafes, restaurants and supermarkets is this 2 bedroom classic original beach house. Situated on a generous 629sqm allotment, backing on to the reserve, this property is ripe for renovation or redevelopment. Offering 2 bedrooms, one bathroom/laundry, separate toilet, kitchen and living area, the floor plan is simple - yet functional. The outside space has been left natural and not landscaped, requiring very little maintenance apart from a regular mow, and also offers a garden shed to the rear. The property next door (a 586sqm approx vacant block) is also available for those looking to purchase side by side allotments. Ideal for families, or those wishing to amalgamate the sites and create a larger parcel of land. This is a unique opportunity to secure one or both of these promising properties! This property for sale in Cowes is proudly presented by Ray White Real Estate Phillip Island.

Features

2 bedrooms

1 bathroom

629 m² lot size

House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Cowes over the last 12 months, the estimated median property value of 41 Teddy Bear Lane is $535k.

Median value

$535k

Estimated value range

$460k - $970k

Median days on market

Estimated value trend

-7%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Cowes. 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 41 Teddy Bear Lane

2023

Sold

$520,000

06 Jun 2023 by Bec Anderson, of Ray White Phillip Island

Happy sellers in Cowes

69%

69% of sellers in Cowes reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 34 reviews in Cowes over the last 12 months.

Local market activity for 2 bedroom houses in Cowes

In the last 12 months, 14 two-bedroom houses similar to 41 Teddy Bear Lane, have been sold.

This represents a 75% decrease in two-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Cowes for a free market appraisal.

Greg Davis

at Barry Plant - Phillip Island

4.9

(67 reviews)

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Christie Spargo

at Barry Plant - Phillip Island

4.9

(41 reviews)

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Teresa Young

at Eview Group - Australia

4.8

(123 reviews)

Get a free market appraisal

Leanne Poulton

at Eview Group - Australia

4.9

(65 reviews)

Get a free market appraisal

Nearby agents

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

Greg Davis

Sellers who recommend Greg Davis have praised them for being local expert, clear communication, friendly, stress-free process, honest and patient

4.9 (67 reviews)
13 Reviews in Cowes
17 Sales in Cowes

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Christie Spargo

Sellers who recommend Christie Spargo have praised them for being local expert and clear communication

4.9 (41 reviews)
18 Reviews in Cowes
13 Sales in Cowes

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Teresa Young

Sellers who recommend Teresa Young have praised them for being clear communication, local expert, friendly, responsive, easy to work with, honest and pleasant