1 Peart Street, Leongatha, VIC 3953 | Property Value & History | OnTheHouse
OFF MARKET

1 Peart Street
Leongatha VIC 3953

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 132m2
Land area: 644m2
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Property Details for 1 Peart St, Leongatha

1 Peart St, Leongatha is a 3 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 644m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in June 1979.

Building Type
House
Year Built
1960
Floor Size
132m2
Land Size
644m2
Local Government
South Gippsland
Lot/Plan
1/TP834622

Last Listing description (December 2021)

- The only major supermarket (3,143sqm* GLA) in the catchment perfectly positioned to service the people of Leongatha

- Located in the epicentre of Leongatha with convenient access to 142+ at grade car parks


- 20 year Net Lease to Australia's most dominant supermarket retailer expiring 2028 plus 8 x 5 year options

- Genuine future income prospects with the supermarket paying turnover rent

- Set to benefit from future development in the southern side of Leongatha with over 3,000 new residents expected to be settled south of the new hospital over the next 10 years

- Net income of $761,000 per annum*

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

*approx

Property History for 1 Peart St, Leongatha, VIC 3953

A timeline of how this property has performed in the market
Last Sold
$1,470,000
01 Jun 1979
Listed for Rent
31 Mar 2016
  • 03 Sep 2021
    Listed for Sale SOLD - Price Withheld
  • 06 Sep 2019
    Listed for Sale Contact Agent
  • 21 May 2015
    Listed for Rent $336 / week
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About Leongatha 3953

The size of Leongatha is approximately 42.6 square kilometres. It has 23 parks covering nearly 1.9% of total area. The population of Leongatha in 2016 was 5654 people. By 2021 the population was 5869 showing a population growth of 3.8% in the area during that time. The predominant age group in Leongatha is 60-69 years. Households in Leongatha are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Leongatha work in a professional occupation.In 2021, 73.80% of the homes in Leongatha were owner-occupied compared with 71.30% in 2016.

Leongatha has 3,920 properties. Over the last 5 years, Houses in Leongatha have seen a 19.70% increase in median value, while Units have seen a 29.20% increase. As at 30 April 2026:

  • The median value for Houses in Leongatha is $597,653 while the median value for Units is $446,254.
  • Houses have a median rent of $490 while Units have a median rent of $398.
There are currently 84 properties listed for sale, and 8 properties listed for rent in Leongatha on OnTheHouse. According to Cotality's data, 166 properties were sold in the past 12 months in Leongatha.

Suburb Insights for Leongatha 3953

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.