1-3/268 Stony Point RoadCrib Point VIC 3919
Property Details for 1-3/268 Stony Point Rd, Crib Point
1-3/268 Stony Point Rd, Crib Point is a 5 bedroom, 3 bathroom Unit. The property has a land size of 758m2.
Last Listing description (February 2025)
LOT 2 Only for Sale!
758sqm title with 3 units fully leased showing a strong return!
Situated in Mornington Peninsula's growth corridor these three 1-2.5 bedroom units represent a strong investment offering a decent return while offering plenty of value and upside to improve returns!
Features include:
- Three units - Unit 1 is 2 bed, Unit 2 is 1 bed, Unit 3 is 2.5 bed
- All Long term tenants
- Largely well maintained
- Current Gross Return Circa $38,000PA
- Close to schools, shops and transport
- Immediate vicinity to HMAS Cerberus which is undergoing a $430 Million Dollar redevelopment
- Possibility for redevelopment (STCA)
- Explore transforming into a short stay rental property targeting the recreational fishing industry with plenty of existing open space for boat and vehicle parking!
* all figures and measurements are approximate
Contact Sean Crimmins to book your private inspection!
Property History for 1-3/268 Stony Point Rd, Crib Point, VIC 3919
- 16 Jan 2025Listed for Sale $775,000
Recent sales nearby
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0About Crib Point 3919
The size of Crib Point is approximately 6.5 square kilometres. It has 12 parks covering nearly 2.3% of total area. The population of Crib Point in 2016 was 3183 people. By 2021 the population was 3343 showing a population growth of 5.0% in the area during that time. The predominant age group in Crib Point is 30-39 years. Households in Crib Point are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Crib Point work in a trades occupation.In 2021, 79.50% of the homes in Crib Point were owner-occupied compared with 73.80% in 2016.
Crib Point has 1,795 properties. Over the last 5 years, Houses in Crib Point have seen a 36.06% increase in median value, while Units have seen a 40.67% increase. As at 30 November 2025:
- The median value for Houses in Crib Point is $917,990 while the median value for Units is $605,328.
- Houses have a median rent of $578 while Units have a median rent of $515.
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