38 Morgan Street, Timboon, VIC 3268 | Property Value & History | OnTheHouse
OFF MARKET

38 Morgan Street
Timboon VIC 3268

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 166m2
Land area: 703m2
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Property Details for 38 Morgan St, Timboon

38 Morgan St, Timboon is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 703m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
House
Year Built
1985
Floor Size
166m2
Land Size
703m2
Local Government
Corangamite
Lot/Plan
3/LP114571

Last Listing description (March 2024)

This family home is set in a highly desired part of Timboon and represents a lot of bang for your buck.

The home comprises of 3 bedrooms with the main boasting an ensuite and 2 large BIR's, a separate bathroom with a bath, central Kitchen that is open plan to the dining and the two sperate livings areas at either end of the home.

The garage is connected to a large undercover area that runs almost the full length of the home, as well as a shed at the rear that is ideal for anyone wanting to work from home, as well for extra storage.

One of the biggest and most exciting assets with this property is that there are two individual block titles, making this is a standout investment opportunity. In all the block is 1400m2 approx., making each title just over 700m2 each. Put simply, if you no longer want a big block or want to pay of the house, then with a little bit of work just sell the second title. It really is that easy.

Arguably this must be one of the best opportunities to come on the market in recent times.

Property History for 38 Morgan St, Timboon, VIC 3268

A timeline of how this property has performed in the market
Last Sold
$519,000
22 Jan 2024
  • 22 Jan 2024
    Sold for $519,000
  • 25 Oct 2023
    Listed for Sale $550,000
  • 22 Feb 2018
    Transferred
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About Timboon 3268

The size of Timboon is approximately 82.0 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Timboon in 2016 was 1202 people. By 2021 the population was 1250 showing a population growth of 4.0% in the area during that time. The predominant age group in Timboon is 60-69 years. Households in Timboon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Timboon work in a managers occupation.In 2021, 78.90% of the homes in Timboon were owner-occupied compared with 78.20% in 2016.

Timboon has 908 properties. Over the last 5 years, Houses in Timboon have seen a 55.13% increase in median value, while Units have seen a 6.98% increase. As at 31 January 2026:

  • The median value for Houses in Timboon is $513,794 while the median value for Units is $351,400.
  • Houses have a median rent of $410.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Timboon on OnTheHouse. According to Cotality's data, 43 properties were sold in the past 12 months in Timboon.

Suburb Insights for Timboon 3268

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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.