16 Aloomba Avenue, Clifton Springs VIC 3222

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16 Aloomba Avenue, Clifton Springs VIC 3222

$500,000 - $550,000

Search Band Search Visibility Band

$500k - $550k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 589 m² 85 m²

Listed: 5 days ago

Overview

This three-bedroom weatherboard home offers a substantial renovation opportunity on a generous 589sqm block in Clifton Springs. While the property shows clear signs of wear like leaking roofs, necessary restumping, and a need for new front verandah posts, it also reveals potential underneath with original floorboards waiting to be restored.

Internally, the dated kitchen and bathroom require complete overhauls, presenting a blank canvas for those with vision and trades expertise. The yard, though fenced with aging material, provides scope for landscaping or additions such as sheds or garages, making the outdoor area adaptable to different lifestyle needs.

Although the existing carport was damaged in a storm and there's currently no power connection due to a downed powerline, the property’s location and size make it appealing for buyers eager to invest effort into creating a personalized home. The challenges posed by required repairs and upgrades indicate that this residence is best suited to buyers with renovation experience or those prepared for a significant project to unlock its value.

Overall, the property represents a solid foundation for a renovator or DIY enthusiast interested in shaping a home within a coastal locale, with the opportunity to enhance both the indoor environment and external spaces according to individual taste and requirements.

Local Market Insights

In Clifton Springs, Quiet Listings observed 49 new houses entering the market over the last 30 days, down from 54 during the previous 30-day period, with an average advertised asking price of $955,327. The property type mix of listed properties is predominantly Houses at 89%, followed by units (5%), and land (5%). The most active agency for houses in the Clifton Springs area is currently Stockdale & Leggo, representing 24% of new listings, followed by Bellarine Property with 24%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.