FOR SALE
$520,000 - $570,000

Level 2/1/16 The Esplanade South
Geelong VIC 3220

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Geelong’s Premier Locale with a Premium Return

Discover a sanctuary of urban tranquillity with this chic two-bedroom apartment located in the lively heart of Geelong, at the Quest apartments. This stunning apartment with waterfront views feels like you are in a luxurious holiday, which it is meant to do to ensure you receive your 7+ per cent return and it also offers 4% annual increases making it the perfect investment for those wanting a solid and consistent return. Offering another 30 years on the lease it truly is a sound investment. Breath-taking waterfront views of the magnificent Geelong coastline can be admired, adding a serene backdrop to a highly sought-after location. Minimal commuting will be required, with various amenities such as the Geelong Station, the liveliness of the Little Malop Street area and plenty of restaurants on the waterfront just a stone's throw away. Wake up to the captivating northern light filling up the generous living room, complemented by the airy balcony providing the perfect spot for a sun-soaked morning coffee or a relaxing evening wind-down. Enjoy the simplicity of the cohesive living and dining areas that blend seamlessly into a cleverly designed space saving kitchen, wellappointed to handle family dinners or dinner parties alike. The master bedroom features an ensuite and built-in robe (BIR) for convenient living. Similarly, the second bedroom is fitted with BIR, promising ample storage without compromising the spacious layout. This well-designed apartment gives additional consideration to other essential elements of contemporary living. Secured with a car parking space for stress-free commutes, the reward of arriving home to air-conditioned comfort can be a welcoming relief on hot summer days. Moreover, the added advantage of a study nook provides a useful space for home-based workers or students alike. This apartment embodies the best of both worlds, with the sun-splashed Western Beach a short stroll away for a morning swim or leisurely weekend picnics. With the pulse of Geelong's CBD at the doorstep and the serene waterfront opposite, this home represents a golden opportunity for those seeking a unique blend of city living with the benefits of coastal lifestyle.
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Property Details for Level 2/1/16 The Esplanade South, Geelong

Level 2/1/16 The Esplanade South, Geelong is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Harcourts North Geelong.

Building Type
Apartment

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About Geelong 3220

The size of Geelong is approximately 3.3 square kilometres. It has 17 parks covering nearly 8.9% of total area. The population of Geelong in 2011 was 4,700 people. By 2016 the population was 5,220 showing a population growth of 11.1% in the area during that time. The predominant age group in Geelong is 20-29 years. Households in Geelong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geelong work in a professional occupation. In 2011, 55.3% of the homes in Geelong were owner-occupied compared with 54% in 2016.

Geelong has 6,127 properties. Over the last 5 years, Houses in Geelong have seen a 28.46% increase in median value, while Units have seen a 5.92% increase. As at 31 October 2024:

  • The median value for Houses in Geelong is $852,765 while the median value for Units is $590,064.
  • Houses have a median rent of $525 while Units have a median rent of $500.
There are currently 36 properties listed for sale, and 31 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Geelong.

Suburb Insights for Geelong 3220

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Joe Grgic
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Mark Mayfield
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Harcourts North Geelong
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.