OFF MARKET

1/55 Melbourne Road
Drumcondra VIC 3215

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 246m2
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Property Details for 1/55 Melbourne Rd, Drumcondra

1/55 Melbourne Rd, Drumcondra is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2011. The property has a land size of 246m2. While the property is not currently for sale or for rent, it was last sold in January 2012.

Building Type
Townhouse
Year Built
2011
Land Size
246m2
Local Government
Greater Geelong
Lot/Plan
1/PS629535

Last Listing description (May 2023)

Indulge in the lifestyle options that this location offers, where you can play it slow and walk along the bay or you can go hard and step into the hussle'n bussle of Geelong's city centre.

By best, we mean this stunning townhouse offers excellent value, great living space and one of the most enviable locations in Geelong. Featuring:


* Main bedroom with walk in robe, ensuite & split system
* 2 more spacious bedrooms with built in robe (one with split system)
* Open plan living & dining with split system
* Kitchen with dishwasher, gas cooking & ample storage
* Central bathroom with shower & separate bath
* Internal laundry
* Private courtyard off dining and kitchen area - so you can entertain all year round
* Secure single lock up garage with internal access and ample off street parking

Property History for 1/55 Melbourne Rd, Drumcondra, VIC 3215

A timeline of how this property has performed in the market
Last Sold
24 Jan 2012
Listed for Rent
$500/w
24 May 2023
  • 05 May 2023
    Listed for Rent $500 / week
  • 21 May 2015
    Listed for Rent - Price not available
  • 10 Jan 2013
    Listed for Rent - Price not available
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About Drumcondra 3215

The size of Drumcondra is approximately 0.3 square kilometres. It has 2 parks covering nearly 9.7% of total area. The population of Drumcondra in 2011 was 614 people. By 2016 the population was 586 showing a population decline of 4.6% in the area during that time. The predominant age group in Drumcondra is 60-69 years. Households in Drumcondra are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Drumcondra work in a professional occupation. In 2011, 73.3% of the homes in Drumcondra were owner-occupied compared with 73% in 2016.

Drumcondra has 280 properties. Over the last 5 years, Houses in Drumcondra have seen a 42.11% increase in median value, while Units have seen a 41.75% increase. As at 30 September 2024:

  • The median value for Houses in Drumcondra is $926,604 while the median value for Units is $487,743.
  • Houses have a median rent of $738 while Units have a median rent of $410.
There are currently 1 property listed for sale, and 1 property listed for rent in Drumcondra on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Drumcondra.

Suburb Insights for Drumcondra 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.