Back 8 Cosgrove Street
Off Market

8 Cosgrove Street

Breakwater VIC 3219

3
1
1
848 m²
House
Seka PowellSeka Powell, last sold this property on 05 October 2021 after 19 days on market.

Overview

AGENT ON SITE - please contact agent to register to attend

First Home or Savvy Investment for Subdivision This brick-veneer home is situated in a quiet, secure pocket and would make an excellent first home or an astute purchase for a savvy investor looking to start or grow their portfolio. With a land size of 848sqm, it is ripe for a subdivision (stca) with possible options including building a new home out the back and renting out the existing home, or renting out both dwellings, or even building and then selling both to reap the financial rewards. The current home consists of hardwood floors, three bedrooms, a family dining area/ lounge-room, family bathroom and a separate single-garage plus workshop. This property has been rented out until recently and could comfortably be lived in while you upgrade and expand the home or it could be rented out again while you go through the process of gaining a permit for a subdivision. Options abound. The position is a real prize, being situated just 4km to central Geelong and in close proximity to train stations, South Geelong Primary, Geelong High School, the Geelong Racecourse, Geelong show grounds and many other practical amenities. Whether you upgrade and expand, or sub-divide and develop, this property's size and location ensures you're on a winner. Each person attending will be required to produce photo identification. At this time we are not able to allow access to people from Metro Melbourne areas. You will receive a text message confirmation of your registration.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
848 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Breakwater over the last 12 months, the estimated median property value of 8 Cosgrove Street is $590k.

Median value
$590k
Estimated value range
$450k - $700k
Median days on market
19
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Breakwater. 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 8 Cosgrove Street

2023
Rented
Undisclosed
Leased on 28 Nov 2023 by Stockdale & Leggo Sth Barwon
2021
Rented
Undisclosed
Leased on 12 Dec 2021 by Stockdale & Leggo Sth Barwon
2021
Sold
Undisclosed
Sold Before Auction on 05 Oct 2021 by Seka Powell, of Stockdale & Leggo Sth Barwon

Happy sellers in Breakwater

95%
95% of sellers in Breakwater reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 7 reviews in Breakwater over the last 12 months.

Local market activity for 3 bedroom houses in Breakwater

In the last 12 months, 23 three-bedroom houses similar to 8 Cosgrove Street, have been sold.

This represents a 5% increase in three-bedroom houses sales when compared to the previous 12 months.

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