21 Vincent Street, Tootgarook VIC 3941

Renovated weatherboard | 3 bed 3 bath edge | Pool & large shed | Level 587m² block | Coastal Peninsula locale This property presents a competitively strong offering for its specific buyer cohorts. The three-bathroom configuration is rare for a 1980-built house in this area, providing immediate functional superiority over typical three-bedroom, one-bathroom stock. Its renovated, light-filled layout on a substantial, level block with a pool and significant shedding appeals directly to downsizers or holidaymakers seeking a low-maintenance yet spacious coastal lifestyle. The secure, gated yard with extra parking solidifies its position as a turnkey property for those prioritizing space and leisure. The primary risk is market positioning within a suburb exhibiting negative growth, against a high volume of available listings and zero auction clearance, indicating soft demand. The wide asking range reflects this uncertainty. However, the property’s distinct features insulate it from competing with basic stock. It should be acquired only at a value reflective of its 2009 and 2017 sale history, not aspirational pricing. This house is best held as a long-term lifestyle purchase, not a short-term vehicle for equity gain. Recent sales context shows 42 properties sold in Tootgarook this year at an average implied price of $803,000. This property’s prior sales of $275,000 in 2009 and $475,000 in 2017 establish a historical growth trajectory. The current asking range sits significantly above both the suburb’s recent average and its own last sale price, demanding a premium justified only by its superior bathroom count and amenities.