1881 Point Nepean RoadTootgarook VIC 3941
Property Details for 1881 Point Nepean Rd, Tootgarook
1881 Point Nepean Rd, Tootgarook is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 926m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (August 2023)
Auction Location: 1881 Point Nepean Road, Tootgarook
Welcome to the ultimate trifecta of investment opportunity. This unique property located in Tootgarook includes two units and a rear block perfect for boat storage, making it the perfect choice for savvy investors looking to maximize their returns. Situated within walking distance of shops, schools and crystal blue waters, this is an ideal location with plenty of potential.
The front units offer a spacious living area that overlooks picturesque bay views while the second unit boasts two generously sized bedrooms. With both units currently leased out and paying a combined total of $2777 approx. per month plus an additional income from boat storage at the rear of $440 per month, this is your chance to secure steady returns for years to come.
Don't miss out on this incredible investment opportunity - call us today.
Property History for 1881 Point Nepean Rd, Tootgarook, VIC 3941
- 15 Jun 2023Listed for Sale Not Disclosed
- 27 May 2023Sold for $1,501,000
- 01 May 2023Listed for Sale $1,150,000 to $1,250,000
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About Tootgarook 3941
The size of Tootgarook is approximately 3.5 square kilometres. It has 10 parks covering nearly 6.7% of total area. The population of Tootgarook in 2016 was 2869 people. By 2021 the population was 3178 showing a population growth of 10.8% in the area during that time. The predominant age group in Tootgarook is 50-59 years. Households in Tootgarook are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tootgarook work in a trades occupation.In 2021, 67.80% of the homes in Tootgarook were owner-occupied compared with 67.40% in 2016.
Tootgarook has 2,982 properties. Over the last 5 years, Houses in Tootgarook have seen a 20.61% increase in median value, while Units have seen a 37.27% increase. As at 30 November 2025:
- The median value for Houses in Tootgarook is $912,794 while the median value for Units is $633,466.
- Houses have a median rent of $560 while Units have a median rent of $420.
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