OFF MARKET

3/51 Melbourne Road
Drumcondra VIC 3215

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 94m2
Land area: 681m2
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Last updated 2 Sep 2024
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Property Details for 3/51 Melbourne Rd, Drumcondra

3/51 Melbourne Rd, Drumcondra is a 2 bedroom, 1 bathroom Unit and was built in 1971. The property has a land size of 681m2 and floor size of 94m2.

Building Type
Unit
Year Built
1971
Floor Size
94m2
Land Size
681m2
Local Government
Greater Geelong

Last Listing description (November 2023)

This modest, two bedroom unit is situated in a quiet location and is only one of three units. Close to all amenities including public transport, local shops and the picturesque Waterfront. Boasting entry to sun-filled lounge/dining room, separate kitchen with gas cooking, built in robes, bathroom with laundry facilities, W/C, carport and courtyard/garden. Other features include gas heating & split heating/cooling.


- ALL interested parties must register for inspections using the Contact Agent links.

- Inspections are subject to cancellation or change with minimal notice

Property History for 3/51 Melbourne Rd, Drumcondra, VIC 3215

A timeline of how this property has performed in the market
Listed for Rent
$330/w
26 Oct 2023
  • 27 Oct 2023
    Listed for Rent $330 / week
  • 27 Jun 2022
    Listed for Rent $295 / week
  • 08 Dec 2018
    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 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.

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.