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Global Properties

4 bedrooms House in Wonthaggi, Australia No. 327

$ 322 108
4 Bedrooms
1 Bathrooms
Wonthaggi, Australia
Parameters
Bedrooms
4
Bathrooms
1
ID
327
Type
House
Land area, m²
1000.13
Property description
SOLID FOUNDATION WITH UPSIDE POTENTIAL
SUITABLE FOR INVESTORS:

Value-add opportunity – property needs some TLC with room for improvement
4 bedrooms with built-in storage – appeals to family rental market
Large 993sqm block* with subdivision potential^
Dual access driveway + rear laneway – convenient for tenants and future planning
Established rental area with consistent demand from families
Close to beaches and Melbourne – attractive to potential tenants

IDEAL FOR FIRST HOME BUYERS:

Affordable entry point – get more space for your money
Build equity through improvements – renovate at your own pace
4 spacious bedrooms with built-in storage – room for growing family
Kitchen with functional layout – update to your style and budget
Huge backyard (993sqm*) for kids, pets, pool^, or large shed^
Subdivision potential^ for future flexibility

WHAT MAKES THIS SPECIAL:
✓ Solid bones with polished timber floors throughout living areas
✓ Natural light-filled open-plan design with great potential
✓ 4 good-sized bedrooms plus central family bathroom
✓ Functional kitchen layout ready for your personal touch
✓ Established gardens with garden shed included
✓ Dual access driveway – park multiple cars, boat, or caravan
✓ Rear laneway access – convenient and adds development options^
✓ 993sqm block* – generous size in today’s market
CONVENIENT MERRIN CRESCENT LOCATION:

Merrin Crescent – quiet residential street with established homes
10 minutes to Cape Paterson beaches – weekend recreation nearby
60 minutes to Melbourne’s southeast – commuter friendly
Family-friendly neighbourhood with local community
Close to Wonthaggi amenities – schools, shops, services
Well-maintained street with quality surrounding properties

WONTHAGGI’S CURRENT DEVELOPMENT:

Major hospital expansion completed 2022 – $115 million upgrade with new emergency department and operating theatres
Further hospital expansion planned – up to 64 additional beds and new facilities in development
Wonthaggi North East Precinct approved 2024 – planning for up to 5,000 new homes over coming decades
Town centre revitalization underway – $2 million streetscape improvements and park upgrades
Bass Coast fastest-growing region – population expected to more than double by 2031
Established desalination plant – critical water infrastructure for Melbourne

THE BOTTOM LINE:
Whether you’re building your property portfolio or buying your first home, this property offers genuine potential for improvement at an affordable price. The large 993sqm* block, dual access, and convenient location provide multiple options for adding value through renovation and smart planning.
Smart buyers know – the best opportunities need a little vision and work!
Contact our office today for your private inspection.

*Approximately
^Subject to Council Approval
Features
Features
  • Internet
  • Air Conditioners
  • Built-in closet
Outdoor features
  • Fenced area
  • Car park
Statistics Wonthaggi
[:nprice_100:]
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Wonthaggi
Difference
Monthly Rent Cost
1-Room Apartment
[:nprice_26:]
2-Room Apartment
[:nprice_27:]
Apartment Purchase Price per m²
In the City Center
[:nprice_100:]
Outside the City Center
[:nprice_101:]
Crime Index
N/A
Cost of Living and Rent Index
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Purchasing Power Index
N/A
Property Price to Income Ratio
N/A
Safety Index
N/A
Traffic CO₂ Index
N/A
Traffic Inefficiency Index
N/A
Rent Index
N/A
Health Care Index
N/A
Groceries Index
N/A
Pollution Index
N/A
Traffic Commute Time Index
N/A
Restaurant Price Index
N/A
Climate Index
N/A
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
N/A
Restaurants
Meal, Inexpensive Restaurant
$ 13.11
Meal for 2 People, Mid-range Restaurant, Three-course
$ 78.64
McMeal at McDonalds (or Equivalent Combo Meal)
$ 10.49
Domestic Beer (0.5 liter draught)
$ 7.86
Imported Beer (0.33 liter bottle)
$ 7.86
Coke/Pepsi (0.33 liter bottle)
$ 2.74
Water (0.33 liter bottle)
$ 2.36
Cappuccino (regular)
$ 2.95
Markets
Milk (regular), (1 liter)
$ 1.64
Loaf of Fresh White Bread (500g)
$ 2.73
Eggs (regular) (12)
$ 5.38
Local Cheese (1kg)
$ 10.60
Water (1.5 liter bottle)
$ 1.63
Bottle of Wine (Mid-Range)
$ 13.11
Domestic Beer (0.5 liter bottle)
$ 4.45
Imported Beer (0.33 liter bottle)
$ 4.87
Cigarettes 20 Pack (Marlboro)
$ 32.77
Apples (1kg)
$ 3.31
Chicken Fillets (1kg)
$ 9.11
Oranges (1kg)
$ 2.90
Potato (1kg)
$ 2.77
Lettuce (1 head)
$ 2.24
Rice (white), (1kg)
$ 2.16
Tomato (1kg)
$ 4.20
Banana (1kg)
$ 2.90
Onion (1kg)
$ 2.48
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 14.28
Transportation
Gasoline (1 liter)
$ 1.18
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 27 714
Taxi Start (Normal Tariff)
$ 3.47
Taxi 1km (Normal Tariff)
$ 1.31
Taxi 1hour Waiting (Normal Tariff)
$ 27.29
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 23 688
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 189
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 50.70
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 24.78
Salaries And Financing
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
6%
Sports And Leisure
Cinema, International Release, 1 Seat
$ 15.73
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 71.87
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 49.59
1 Pair of Nike Running Shoes (Mid-Range)
$ 106
1 Pair of Men Leather Business Shoes
$ 112
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 2 149
International Primary School, Yearly for 1 Child
$ 22 566
@Realty
@Realty
Contact seller
@Realty
@Realty
Contact seller

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