OFF MARKET

21 Melbourne Road
Drumcondra VIC 3215

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 915m2
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Property Details for 21 Melbourne Rd, Drumcondra

Building Type
Commercial
Land Size
915m2
Local Government
Greater Geelong

Last Listing description (December 2022)

Located at the entrance to Geelong this retail space would suit any number of uses, great passing traffic to get your name out there. Character filled shop, high ceilings, good lighting, hardwood timber floors and great exposure.
Has previously been used as a yoga studio.
Approx. 90m2 with parking at rear.

Property History for 21 Melbourne Rd, Drumcondra, VIC 3215

A timeline of how this property has performed in the market
Listed for Rent
$379/w
15 Dec 2022
  • 17 Mar 2022
    Listed for Rent $19,760 / 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.