FOR SALE
$550,000 - $600,000

132 Thompson Road
North Geelong VIC 3215

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 647m2
Inspection Times
Sat 15 Feb
9:15 am - 9:45 am
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Development Opportunity (STCA) Walking Distance to Train Station

This property is the perfect opportunity for developers and investors. It offers a generous block size of approximately 647 sqm and a perfect long-term tenant. With a driveway clearance of approximately four meters, the site is well-suited for rear access and future development (STCA).
The home features two bedrooms, one with built-in robes and a central bathroom with a new shower. The updated kitchen includes a four-burner electric cooktop, oven, dishwasher and a large island with storage and seating, making it both functional and stylish. The living area is equipped with a new split system for heating and cooling, ensuring year-round comfort. Additional features include a two-car garage with a workshop and European Laundry.
This property also offers excellent rental potential, currently rented at $420p/w, making it an attractive investment option. With all the work done, this property is ideal to set and forget or make your first home with endless potential.
Conveniently located, the property is within walking distance of Separation Street shops and just a short drive from Bell Park Plaza, Shannon Avenue shops and Pakington Street. It provides easy access to major transport links, including the Ring Road and Princes Highway. The Geelong CBD is only 5km away, with the waterfront at 4km and the North Geelong Train Station just 1.3km away. This property offers an outstanding opportunity because it combines development potential, rental income and a convenient location.
- Generous block size of approx. 647sqm, ideal for development (STCA)
- Driveway clearance of approx. 4m, allowing for rear access
- Two bedrooms, one with built-in robes and a central bathroom with a new shower
- Updated kitchen with a four-burner electric cooktop, oven, dishwasher and large island with storage and seating
- Living area with a new split system for heating and cooling
- Two-car garage with a workshop for added convenience
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Property Details for 132 Thompson Rd, North Geelong

132 Thompson Rd, North Geelong is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 647m2. The place is currently for sale with McGrath Geelong | Newtown.

Building Type
House
Land Size
647m2

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About North Geelong 3215

The size of North Geelong is approximately 5 square kilometres. It has 12 parks covering nearly 16.5% of total area. The population of North Geelong in 2011 was 2,395 people. By 2016 the population was 2,983 showing a population growth of 24.6% in the area during that time. The predominant age group in North Geelong is 30-39 years. Households in North Geelong are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Geelong work in a professional occupation. In 2011, 63.5% of the homes in North Geelong were owner-occupied compared with 53% in 2016.

North Geelong has 2,362 properties. Over the last 5 years, Houses in North Geelong have seen a 29.11% increase in median value, while Units have seen a 20.36% increase. As at 31 January 2025:

  • The median value for Houses in North Geelong is $698,621 while the median value for Units is $462,270.
  • Houses have a median rent of $455 while Units have a median rent of $415.
There are currently 10 properties listed for sale, and 3 properties listed for rent in North geelong on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in North geelong.

What's around 132 Thompson Rd, North Geelong

132 Thompson Rd, North Geelong is in the school catchment zone for North Geelong Secondary College and Hamlyn Banks Primary School.

Nearby Schools
Comparable Properties
Nelson Park School
0.61km
Bell Park 3215
SpecialGovernmentCombined397 Enrolled
North Geelong Secondary College
0.91km
Bell Park 3215
IN CATCHMENTSecondaryGovernment7 - 12Combined905 Enrolled
Western Heights Secondary College-Quamby Campus
0.94km
Address not found
SecondaryNon-GovernmentCombined Enrolled
SEDA College (Victoria) - BVNV Geelong
0.97km
Address not found
SecondaryNon-GovernmentCombined Enrolled
Hamlyn Views School
0.98km
Hamlyn Heights 3215
SpecialNon-GovernmentCombined Enrolled
Hamlyn Banks Primary School
1.24km
Hamlyn Heights 3215
IN CATCHMENTPrimaryGovernmentP - 6Combined404 Enrolled
Western Heights Secondary College
1.27km
Hamlyn Heights 3215
SecondaryGovernment7 - 12Combined497 Enrolled
Bell Park North Primary School-Geelong English Language Program
1.49km
Bell Park 3215
PrimaryNon-GovernmentCombined Enrolled
Herne Hill Primary School
1.51km
Hamlyn Heights 3215
PrimaryGovernmentP - 6Combined238 Enrolled
Bell Park North Primary School
1.53km
Bell Park 3215
PrimaryGovernmentP - 6Combined191 Enrolled

Suburb Insights for North Geelong 3215

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Neighbourhood Insights
Age

Population 2,983

0-9

 

12%

10-19

 

8%

20-29

 

14%

30-39

 

14%

40-49

 

12%

50-59

 

8%

60-69

 

8%

70-79

 

8%

80-89

 

10%

90-99

 

6%

Household Structure
Occupancy
Contact agent
Candice Costoso
Show contact details
David Cortous
Show contact details
McGrath Geelong | Newtown
Preferred contact:
Disclaimer
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Victoria data
The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
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ABS data
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Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.