OFF MARKET

11/1 Holman Court
Breakwater VIC 3219

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 60m2
Land area: 54m2
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Last updated 14 Oct 2024
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Property Details for 11/1 Holman Ct, Breakwater

11/1 Holman Ct, Breakwater is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 54m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1980
Floor Size
60m2
Land Size
54m2
Local Government
Greater Geelong
Lot/Plan
11/RP16190

Last Listing description (December 2020)

If you are an astute investor and looking to reap rewards in time, then this is the investment opportunity that you've been looking for. With surrounding suburbs rising by the weeks & months, this is sure to tick all the boxes moving forward. In an established, well cared for complex of 11 units, this neat and tidy 2 level apartment home represents exceptional value and affords the new buyer privacy, easy access to the CBD, public transport, shopping at both Belmont and East Geelong, as well as the Barwon River.
This neat two level townhouse with 2 bedroom of generous in size, upstairs with bathroom separate toilet and single vanity and ground level offers lounge dining area, with split system A/C unit, generous kitchen with gas upright oven, laundry. Outside, a convenient private courtyard and a single garage as well as single carport.
So, whether you are looking for an affordable entry onto the property ladder or perfect investment opportunity with a better than average per annum rental yield of $14,040 this is a must inspection and buy.

Property History for 11/1 Holman Ct, Breakwater, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$280,000
04 Dec 2020
Listed for Rent
$270/w
26 May 2020
  • 04 Dec 2020
    Sold for $280,000
  • 18 Nov 2020
    Listed for Sale $269,000 - $289,000
  • 07 Apr 2020
    Listed for Rent $270 / week
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About Breakwater 3219

The size of Breakwater is approximately 3.1 square kilometres. It has 7 parks covering nearly 32% of total area. The population of Breakwater in 2011 was 1,059 people. By 2016 the population was 1,030 showing a population decline of 2.7% in the area during that time. The predominant age group in Breakwater is 20-29 years. Households in Breakwater are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Breakwater work in a trades occupation. In 2011, 62.4% of the homes in Breakwater were owner-occupied compared with 60.8% in 2016.

Breakwater has 1,098 properties. Over the last 5 years, Houses in Breakwater have seen a 30.90% increase in median value, while Units have seen a 14.20% increase. As at 30 September 2024:

  • The median value for Houses in Breakwater is $618,376 while the median value for Units is $430,826.
  • Houses have a median rent of $430 while Units have a median rent of $375.
There are currently no properties listed for sale, and 1 property listed for rent in Breakwater on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Breakwater.

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