OFF MARKET

47 The Esplanade
Drumcondra VIC 3215

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 292m2
Land area: 1187m2
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Property Details for 47 The Esplanade, Drumcondra

47 The Esplanade, Drumcondra is a 5 bedroom, 3 bathroom House and was built in 1924. The property has a land size of 1187m2 and floor size of 292m2.

Building Type
House
Year Built
1924
Floor Size
292m2
Land Size
1187m2
Local Government
Greater Geelong
Lot/Plan
23/LP5507

Last Listing description (April 2012)

North Shore waterfront haven?
This duplex on its separate title with a 10m frontage and sharing a solid adjoining wall with another duplex is ideal for the budget conscience buyers wanting to get into the North Shore market. Purchase one OR purchase both to live in one side and rent the other one out OR use the both for a maximum rental return OR start again and build your dream home (STCA) - the options are endless. This home has 3 bedrooms, and uninterrupted waterfront views from the lounge area, one bathroom and is situated on a 480 sqm (approx.) allotment. The home would be well worth any effort put in. Gaze at the vistas across to Geelong, which is right on your doorstep, from your haven in this massive upcoming growth area or take a stroll to Limeburners Lagoon Nature Reserve and Geelong Grammar School. Minutes from the Princess Highway and with the centre of Geelong only minutes away this location is too good to pass up.

Property History for 47 The Esplanade, Drumcondra, VIC 3215

A timeline of how this property has performed in the market
  • 11 Apr 2012
    Listed for Sale $365K - $385K

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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.

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