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.
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.
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:
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