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4 Bailey Road, Cockatoo$900,000
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4 Bailey Road

Cockatoo, VIC 3781, Australia
$900,000
4114 m²

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About this property

**Please submit an email enquiry to make an enquiry on this property** Why buy a home that costs you money, when you can buy one that pays you back? This unique property combines immediate rental income with future lifestyle potential, all within easy walking distance of Cockatoo's shops, schools, and transport. Immediate income: Secure lease to a long-standing veterinary clinic returning approx. $4,000 per month ($48,000 p.a.) with fixed annual increases. Future upside: Expansive 4,114m² landholding offers potential for a tiny home or small secondary dwelling (STCA), adding another $300$400 per week in rent. Dual zoning advantages: Commercial 1 + Low Density Residential zoning, with adjoining public conservation land giving you flexibility rarely found in one property. Prime location: Set in the heart of Cockatoo, just moments to shops, cafés, schools, and transport links. Compared to a $1.6m suburban house that drains your mortgage if you live in it, this property works for you generating income today while unlocking long-term growth tomorrow.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
4114 m²
Listed
3 months ago

Repayment calculator

$4,363/month
$2,182 /fortnight
Loan $720,000 at 6.10% over 30 years

Upfront costs

Deposit$180,000
Stamp duty$49,070
Conveyancing (est.)$2,000
Total upfront$231,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Cockatoo

This land in Cockatoo, VIC 3781 sits within reach of public transport, local shops and nearby schools. It is listed 3% above the $872,500 median of 57 comparable landswithin 5 km.

Schools near Cockatoo

  • Cockatoo Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Cockatoo (train)232 m away
  • The Bottle-O277 m away
  • Unnamed380 m away
  • First Avenue Reserve396 m away
  • Cockatoo Recreation Reserve1.5 km away

Cockatoo at a glance

Full suburb profile
Population
4,408
Median age
36
Household income
$1,991/wk
Median rent
$370/wk
Median mortgage
$1,742/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Cockatoo price trend

Median sold · House 3 bed

Compound growth +1.4% / yr over 4 yrs

$797kcurrent median

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Price history

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