27/29 Ellison Rd, Geebung is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1280m2.
We know Geebung is a commercial-rich 'burb and this 1280sqm block (dimensions: 80m x 32m) provides loads of opportunities (STCA) to capitalize on that. Zoned for Industry, the potential is to develop:
* Warehouses;
* Service Industries such as dry cleaning, computer repairs
The size of Geebung is approximately 3.8 square kilometres. It has 9 parks covering nearly 5.4% of total area. The population of Geebung in 2011 was 4,619 people. By 2016 the population was 4,624 showing a population growth of 0.1% in the area during that time. The predominant age group in Geebung is 40-49 years. Households in Geebung are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geebung work in a professional occupation. In 2011, 71.7% of the homes in Geebung were owner-occupied compared with 70.5% in 2016.
Geebung has 2,600 properties. Over the last 5 years, Houses in Geebung have seen a 90.42% increase in median value, while Units have seen a 70.26% increase. As at 30 September 2024:
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