20 Third Avenue, Rosebud, VIC 3939 | Property Value & History | OnTheHouse
OFF MARKET

20 Third Avenue
Rosebud VIC 3939

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Land area: 391m2
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Property Details for 20 Third Ave, Rosebud

20 Third Ave, Rosebud is a 3 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 391m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
House
Land Size
391m2
Local Government
Mornington Peninsula
Lot/Plan
26~B/LP5108

Last Listing description (July 2024)

Auction Location: On Site

Located steps from the glistening shores of the foreshore beach, walking distance to local shops and eateries is this weatherboard home offering unique accommodation options set on an allotment of 392sqm approx.

With the exterior being recently repainted, the property consists of three individual units, each with a separate bedroom, living area and private bathroom.

The rear unit offers a gas stove and oven, while the middle and front units have kitchenettes that are sizable enough to add build in cooking appliances. All of the units are equipped with reverse cycle air-conditioning.

The astute investor will quickly realise the 'cash-cow' potential of the property as either a short-term Air B&B style operation, or likely to generate a rental return of $900 per week when all three are tenanted.

With solar panels, a single garage, a rear entertaining area with a fire pit, and communal laundry facilities, this home offers a unique opportunity to secure a blue-chip location while providing returns that could offer a cash flow-positive investment.

Property History for 20 Third Ave, Rosebud, VIC 3939

A timeline of how this property has performed in the market
Last Sold
$705,000
27 Apr 2024
  • 27 Apr 2024
    Sold for $705,000
  • 27 Mar 2024
    Listed for Sale SOLD AT AUCTION
  • 13 Dec 2017
    Listed for Sale ***LAST HOME NOW UNDER CONTRACT***
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About Rosebud 3939

The size of Rosebud is approximately 17.1 square kilometres. It has 36 parks covering nearly 26.1% of total area. The population of Rosebud in 2016 was 13195 people. By 2021 the population was 14381 showing a population growth of 9.0% in the area during that time. The predominant age group in Rosebud is 60-69 years. Households in Rosebud are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rosebud work in a trades occupation.In 2021, 69.60% of the homes in Rosebud were owner-occupied compared with 67.90% in 2016.

Rosebud has 11,026 properties. Over the last 5 years, Houses in Rosebud have seen a 31.11% increase in median value, while Units have seen a 34.04% increase. As at 30 November 2025:

  • The median value for Houses in Rosebud is $828,559 while the median value for Units is $699,118.
  • Houses have a median rent of $550 while Units have a median rent of $580.
There are currently 63 properties listed for sale, and 16 properties listed for rent in Rosebud on OnTheHouse. According to Cotality's data, 448 properties were sold in the past 12 months in Rosebud.

Suburb Insights for Rosebud 3939

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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.