SOLD
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Sold on 04 Jul 2024 for $440,000

5/55 Tanner Street
Breakwater VIC 3219

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 221m2
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Property Details for 5/55 Tanner St, Breakwater

5/55 Tanner St, Breakwater is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 221m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Breakwater in the last 12 months.

Building Type
Unit
Land Size
221m2

Last Listing description (July 2024)

Discover this charming two-bedroom unit privately positioned on a compact north-facing allotment of 228 sqm (approx.) at the rear of a larger complex of nine single-storey units, conveniently located in Breakwater. This inviting home offers a low-maintenance lifestyle just a short distance from central Geelong, making it ideal for first home buyers and downsizers alike.

The interior features a spacious open plan living area with timber-look laminate flooring and reverse-cycle air conditioning. The dining area features practical tiled flooring and opens to the backyard through sliding glass doors. The well-appointed kitchen is equipped with a built-in pantry, four-burner gas cooktop, near-new dishwasher, and a double stainless-steel sink, providing ample space for culinary endeavours.


Both bedrooms are generously sized, easily able to accommodate queen-sized beds, and are fitted with plush carpet, ceiling fans, and double sun-filtering and block-out blinds, along with built-in robes for convenient storage. The main bathroom includes a large inset bath, single vanity, corner shower, and a separate toilet. The laundry room off the kitchen, with its generous size and direct access to the rear garden and the garage, adds to the home's functionality.

Outside, a neat and tidy yard with paved pathways is perfect for low-maintenance living. The single lock-up garage provides secure parking and additional storage space. With a new hot water service and motor in the garage door, as well as twelve solar panels eliminating electricity bills, this home is move-in ready.

This private unit at the rear of a well-maintained complex of nine similar homes presents a fantastic opportunity to enter the Geelong market as a first home buyer, downsizer or investor. Don't miss your chance to secure this property. Contact us today to arrange a viewing and make it yours.

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Property History for 5/55 Tanner St, Breakwater, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$440,000
04 Jul 2024
  • 04 Jul 2024
    Sold for $440,000
  • 23 May 2024
    Listed for Sale $399,000 - $438,900
  • 01 Dec 2009
    Sold for $245,000
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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 1,117 properties. Over the last 5 years, Houses in Breakwater have seen a 28.22% increase in median value, while Units have seen a 7.06% increase. As at 30 November 2024:

  • The median value for Houses in Breakwater is $627,978 while the median value for Units is $427,030.
  • Houses have a median rent of $430 while Units have a median rent of $375.
There are currently no properties listed for sale, and 2 properties listed for rent in Breakwater on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Breakwater.

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