OFF MARKET

19 Melbourne Road
Drumcondra VIC 3215

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 915m2
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Property Details for 19 Melbourne Rd, Drumcondra

Building Type
Commercial
Land Size
915m2
Local Government
Greater Geelong
Lot/Plan
69/LP5507

Last Listing description (October 2020)

This character shop offers great exposure to busy Melbourne Road. What a great way to get your business noticed, the shop has good on street parking as well as rear car park.
High pressed metal ceilings, polished hardwood flooring, kitchen area with hot water.

Property History for 19 Melbourne Rd, Drumcondra, VIC 3215

A timeline of how this property has performed in the market
Last Sold
$210,000
15 Oct 1998
Listed for Rent
$287/w
12 Oct 2020
  • 10 Jul 2019
    Listed for Rent $15,000 / year
  • 31 May 2018
    Listed for Rent $15,000 / year
  • 06 Dec 2017
    Listed for Rent $15,000 / year
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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 41.71% increase in median value, while Units have seen a 26.17% increase. As at 30 November 2024:

  • The median value for Houses in Drumcondra is $947,333 while the median value for Units is $494,656.
  • Houses have a median rent of $738 while Units have a median rent of $410.
There are currently 1 property listed for sale, and no properties 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.