OFF MARKET

38 Banfield Street
Bell Park VIC 3215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 617m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 38 Banfield St, Bell Park

38 Banfield St, Bell Park is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 617m2.

Building Type
House
Land Size
617m2
Local Government
Greater Geelong

Last Listing description (June 2015)

Only once in a while does an opportunity like this present itself. On the market for the 1st time in over 50 years, this much loved weatherboard home positioned on a substantial 617sqm (approx) level block is sure to excite developers and renovators senses.
The options here are endless, whether you choose to roll up your sleeves and enhance or extend the current dwelling, build your dream home. Keep your bank manager happy and reap the rewards of strong capital growth whilst receiving an appealing rental return like many other developers have done so in the street with new homes or unit sites that have been completed or are currently under construction.(S.T.C.A)
The original dwelling comprises of a main lounge, kitchen, 2 bedrooms, bathroom with outside toilet and laundry facilities plus a SLUG.

Situated in a highly sought after locale within walking distance to local amenities such as the popular Milton and Hughes Street shops, local schools & public transport. Under 10 minutes to the Geelong CBD and for the Melbourne commuters it's only two minutes to the Ring Road.
Our instructions from the executors are very clear, this home must be sold. Sale by public auction Saturday the 10th November at 12:30pm.

Property History for 38 Banfield St, Bell Park, VIC 3215

A timeline of how this property has performed in the market
  • 01 Jun 2015
    Listed for Sale Auction
  • 17 Oct 2012
    Listed for Sale Auction

Commute Calculator

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 3,284 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 12 properties listed for sale, and 12 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

Market Insights
Bell Park Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Bell Park Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.