SOLD
Sold on 12 Feb 2024 for $582,000

2/68-70 Newcombe Street
Drysdale VIC 3222

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 146m2
Land area: 286m2
Sold By
Caroline Rickard
Buxton Bellarine Pty Ltd
Rachel Spurgeon
Buxton Bellarine Pty Ltd
Save

Property Details for 2/68-70 Newcombe St, Drysdale

2/68-70 Newcombe St, Drysdale is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 286m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Drysdale in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
146m2
Land Size
286m2
Local Government
Greater Geelong
Lot/Plan
2/PS610262

Last Listing description (March 2024)

Although described as a unit this property is the size of a small house on a compact block for low maintenance.

A short walk or drive to the main township of Drysdale this unit provides large open plan kitchen, living, dining area, all opening onto a large undercover deck to enjoy the upcoming warmer weather. Three good sized Bedrooms and accommodation for two vehicles.

Are you looking to retire but are not quite ready? Maybe you would like to secure a home for when the time is right? Currently, tenanted with a lease until June 2024 this might just be the ideal property to consider.

Or could be an excellent addition to your investment portfolio due to its location.

Drysdale is an historic village twenty minutes from the city of Geelong. Everything you require for daily living and lifestyle is at your fingertips. Spoilt for choice of supermarkets, medical centres and eateries.

Requiring a minimum of 48 hours-notice to inspect or attendance at an open for inspection, why not arrange a time to confirm what's on offer at this unit.

Property History for 2/68-70 Newcombe St, Drysdale, VIC 3222

A timeline of how this property has performed in the market
Last Sold
$582,000
12 Feb 2024
  • 12 Feb 2024
    Sold for $582,000
  • 20 Oct 2023
    Listed for Sale $620,000
  • 22 Mar 2022
    Sold for $610,000
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About Drysdale 3222

The size of Drysdale is approximately 40.1 square kilometres. It has 13 parks covering nearly 2% of total area. The population of Drysdale in 2011 was 4,316 people. By 2016 the population was 4,272 showing a population decline of 1.0% in the area during that time. The predominant age group in Drysdale is 60-69 years. Households in Drysdale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Drysdale work in a professional occupation. In 2011, 82.8% of the homes in Drysdale were owner-occupied compared with 81.4% in 2016.

Drysdale has 3,263 properties. Over the last 5 years, Houses in Drysdale have seen a 26.02% increase in median value, while Units have seen a 18.35% increase. As at 31 October 2024:

  • The median value for Houses in Drysdale is $731,167 while the median value for Units is $501,704.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Drysdale on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Drysdale.

Suburb Insights for Drysdale 3222

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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.