OFF MARKET

2/151 Thompson Road
Bell Park VIC 3215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 1060m2
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Property Details for 2/151 Thompson Rd, Bell Park

2/151 Thompson Rd, Bell Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1060m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1980
Floor Size
77m2
Land Size
1060m2
Local Government
Greater Geelong
Lot/Plan
2/PS525932

Last Listing description (March 2023)

Yes you thought those days were gone where you could get close to a dollar per thousand as an investment. Well here's a rare opportunity. Leased to a long term Renter who has just signed a further 12 month lease this is your classic set and forget money machine. On the bottom level of the complex (making it more desirable to renters of the future) it is surprisingly spacious inside and well looked after. The lounge is large as is the bedroom and the kitchen houses the small dining area. There is a lock up garage that comes with it. Very convenient to public transport (bus out the front) and shops plus only a short walk to North Geelong Station means should this Renter leave at some stage it should easily reoccupied.

Property History for 2/151 Thompson Rd, Bell Park, VIC 3215

A timeline of how this property has performed in the market
Last Sold
$245,000
29 Jan 2023
Listed for Rent
$200/w
19 Jun 2014
  • 01 Mar 2023
    Listed for Sale $249,000
  • 29 Jan 2023
    Sold for $245,000
  • 15 Nov 2022
    Listed for Sale $249,000
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About Bell Park 3215

The size of Bell Park is approximately 2.8 square kilometres. It has 10 parks covering nearly 8.3% of total area. The population of Bell Park in 2011 was 5,286 people. By 2016 the population was 5,023 showing a population decline of 5.0% in the area during that time. The predominant age group in Bell Park is 20-29 years. Households in Bell Park are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bell Park work in a trades occupation. In 2011, 69.9% of the homes in Bell Park were owner-occupied compared with 66.5% in 2016.

Bell Park has 3,286 properties. Over the last 5 years, Houses in Bell Park have seen a 35.12% increase in median value, while Units have seen a 33.77% increase. As at 31 October 2024:

  • The median value for Houses in Bell Park is $631,016 while the median value for Units is $493,228.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 13 properties listed for sale, and 13 properties listed for rent in Bell park on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Bell park.

Suburb Insights for Bell Park 3215

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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.