40 Peterson Street, Crib Point, VIC 3919 | Property Value & History | OnTheHouse
 
FOR SALE

40 Peterson Street
Crib Point VIC 3919

Bedrooms: 7
Bathrooms: 3
Car spaces: 2
Floor area: 222m2
Land area: 624m2
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This property is currently on the market
Expansive Family Living with Flexible Spaces and Coastal Ease
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Property Details for 40 Peterson St, Crib Point

40 Peterson St, Crib Point is a 7 bedroom, 3 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 624m2 and floor size of 222m2.This Property is currently listed for sale with Ray White Hastings

Building Type
House
Year Built
2011
Floor Size
222m2
Land Size
624m2
Local Government
Mornington Peninsula
Lot/Plan
3/PS541104

Last Listing description (May 2026)

Positioned in a quiet, low-traffic street, this substantial residence delivers a spacious and highly adaptable environment designed with families in mind. Multiple generous living areas create a natural sense of flow throughout the home, offering room for both connection and privacy while supporting the evolving needs of larger or multi-generational households.

Set amongst established gardens with manicured lawns, trimmed greenery and productive vegetable patches, the outdoor setting complements the home's family-focused appeal. A standout inclusion is the charming backyard cubby, reminiscent of a classic beach box, providing a unique and engaging space that will resonate strongly with families.

Conveniently located within walking distance to Crib Point Primary School, Cyril Fox Reserve, Crib Point Recreation Reserve and Crib Point Station, the home also enjoys close proximity to HMAS Cerberus, Cerberus Golf Course and the local pier extending into Western Port Bay. The nearby foreshore further enhances the relaxed coastal lifestyle on offer.

The residence comprises seven bedrooms and three bathrooms, including a master suite with walk-in wardrobe and private ensuite. Additional bedrooms include built-in storage and individual climate control, ensuring year-round comfort. The considered floorplan allows for flexible use, with the option to configure additional rooms as a study, retreat or home gym.

At the heart of the home, the kitchen is well-positioned to service the surrounding living zones and is complemented by a separate butler's pantry. The layout has been thoughtfully designed to allow for easy separation into a self-contained section, ideal for extended family or independent living, complete with its own living space, bathroom, kitchenette capability and private side access.

Outdoor living is equally well considered, with a large covered alfresco area that supports year-round entertaining while maintaining a strong connection to the backyard and gardens.

Additional features include solar panels, multiple split system air conditioning units, LED lighting, a double garage, additional off-street parking, and secure gated side access suitable for a caravan, boat or extra vehicles.

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Property History for 40 Peterson St, Crib Point, VIC 3919

A timeline of how this property has performed in the market
Last Sold
$910,000
21 Feb 2022
Listed for Rent
$370/w
07 Feb 2014
  • 09 Apr 2026
    Listed for Sale $1,150,000 - $1,265,000
  • 21 Feb 2022
    Sold for $910,000
  • 16 Feb 2022
    Listed for Sale $840,000 - $925,000
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About 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 1,803 properties. Over the last 5 years, Houses in Crib Point have seen a 13.63% increase in median value, while Units have seen a 23.41% increase. As at 30 April 2026:

  • The median value for Houses in Crib Point is $892,558 while the median value for Units is $605,690.
  • Houses have a median rent of $573 while Units have a median rent of $540.
There are currently 18 properties listed for sale, and 1 property listed for rent in Crib point on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in Crib point.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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