58 Barrett St, Timboon is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 2045m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Located only a short walk to the towns CBD where you are sure to find your perfect take away coffee and cake, and only a short walk to the towns Hospital, Medical Centre and P12 School.
Sitting on just over a half-acre in total, the property offers a real opportunity to create a separate block at the rear (stca) as per the proposed plan of subdivision provided with this property, the house portion with the house sits on a 1001m2 parcel whilst the rear block would offer 1044m2.
The home comprises of 3 bedrooms all of which have BIR's, a large open plan Kitchen/Dining and living area, the living having direct access to the front deck and the kitchen leads you out to the undercover patio area. There is a main bathroom central to the home and a secondary shower in the laundry.
Recently let out for both Airbnb accommodation and full-time rental, the home offers huge potential for a secure investment through accommodation alone, but the real bonus is the opportunity to capitalise on the potential offered with the proposed plan to apply for a 2 lot subdivision(stca).
Investment properties such as this are a rare find indeed in Timboon.
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 909 properties. Over the last 5 years, Houses in Timboon have seen a 57.47% increase in median value, while Units have seen a 20.73% increase. As at 28 February 2026:
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