Back 7 Dowling Street
Off Market

7 Dowling Street

Wonthaggi VIC 3995

3
1
1
House
Phil HanleyPhil Hanley, last sold this property on 19 October 2021 after 3 days on market.

Overview

MAGNIFICENT DEVELOPMENT OPPORTUNITY

The words " rare opportunity" get thrown around a lot in real estate these days, but how often do we come across an allotment such as this. 1231m2 of high, dry land only a short walk to Wonthaggi's shopping precinct, a 5 minute walk to schools and sporting facilities and prime real estate for development (STCA). The current modest home feature 2 bedrooms, plenty of living space and the added bonus of a self contained bungalow with a kitchenette and bathroom. The house could be easily leased out while waiting for planning approval. With endless possibilities you could subdivide to 4 x 2 bedroom units or 3 x larger 3 bedroom townhouses.(STCA). With potential water views this really is a one of those rare opportunities you dont want to miss. Call us quick or be one of the many buyers missing out on these fantastic properties.

Features

3 bedrooms
1 bathroom
1 carspace
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Wonthaggi over the last 12 months, the estimated median property value of 7 Dowling Street is $519k.

Median value
$519k
Estimated value range
$280k - $872.5k
Median days on market
56
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wonthaggi. 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 7 Dowling Street

2022
Rented
Undisclosed
Leased on 15 Feb 2022 by Barry Plant - Inverloch
2021
Sold
Undisclosed
Private Sale/Treaty on 19 Oct 2021 by Phil Hanley, of Alex Scott & Staff - Wonthaggi

Happy sellers in Wonthaggi

75%
75% of sellers in Wonthaggi reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 3 bedroom houses in Wonthaggi

In the last 12 months, 52 three-bedroom houses similar to 7 Dowling Street, have been sold.

This represents a 16% decrease in three-bedroom houses sales when compared to the previous 12 months.

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