OFF MARKET

2/55 Melbourne Road
Drumcondra VIC 3215

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 175m2
Land area: 220m2
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Property Details for 2/55 Melbourne Rd, Drumcondra

2/55 Melbourne Rd, Drumcondra is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 220m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2011
Floor Size
175m2
Land Size
220m2
Local Government
Greater Geelong
Lot/Plan
2/PS629535

Last Listing description (April 2021)

In one of Geelong's most tightly held and sought after suburbs comes a modern townhouse ready to provide for you the lifestyle you have been looking for all next to the bay! The vast open plan living space consist of the practical and well-appointed kitchen with stone bench tops, ample cupboard space and dishwasher and flows to the oversized dining and lounge area. All flowing to the covered entertaining area where indoor and outdoor are blurred. The master bedroom with walk-in-robe and en suite plus the laundry and powder room are also downstairs while 2 double bedrooms (each with BIRs) and the main bathroom are upstairs. With sufficient storage, zoned heating and cooling and video intercom. The home also features a double garage with remote access and the experience is enhanced when you can take a short stroll to the waterfront, train station or to Pakington Street for shopping, dining or simply being social. Are you ready to enjoy life and make the most of your days?

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

Property History for 2/55 Melbourne Rd, Drumcondra, VIC 3215

A timeline of how this property has performed in the market
Last Sold
$689,000
18 Jan 2021
  • 18 Jan 2021
    Sold for $689,000
  • 04 May 2020
    Listed for Sale Price by Negotiation $679,000 - $739,000
  • 20 May 2012
    Sold for $475,002

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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 281 properties. Over the last 5 years, Houses in Drumcondra have seen a 38.06% increase in median value, while Units have seen a 27.42% increase. As at 31 July 2024:

  • The median value for Houses in Drumcondra is $914,132 while the median value for Units is $497,855.
  • Houses have a median rent of $738 while Units have a median rent of $405.
There are currently no properties listed for sale, and no properties listed for rent in Drumcondra on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Drumcondra.

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