SOLD
Sold on 27 May 2024 for $1,300,000

24-36 Reservoir Road
Drysdale VIC 3222

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 12141m2
Sold By
Pavilion Property
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Property Details for 24-36 Reservoir Rd, Drysdale

Building Type
Commercial
Land Size
12141m2
Local Government
Greater Geelong
Lot/Plan
2/PS909363

Last Listing description (October 2024)

Unique:
Envision your coastal retreat on approximately 1.19 hectares (3 acres) of serene countryside, offering a canvas to design your dream home (STCA). This parcel, with a coveted north-facing position, frames breathtaking views of Corio Bay and the majestic You Yangs, creating an idyllic haven amidst acclaimed wineries and local producers.

Key Features:

Tranquil Acreage: 1.19-hectare (approx) parcel with a gently rolling terrain, providing a peaceful rural landscape.
Dream Coastal Residence: Opportunity to design and construct your dream home with stunning bay views (subject to council approval).
Functional Terrain: Gently sloping land with a double garage, workshop, and WC.
Natural Beauty: Mostly cleared land bordered by an established shelterbelt, adorned with mature gum and fruit trees.
Prime Location: Heart of the Bellarine Peninsula, minutes from surf beaches, top-tier schools, and thriving townships.
Lifestyle Paradise: Surrounded by dining spots, wineries, farm gates, and recreational activities like boating, fishing, golf, and coastal trails.
Convenient Access: Short drive to Drysdale town centre, easy access to Geelong, and a ferry service from Portarlington to Docklands.
Ideal Haven: Perfect blend of coastal and countryside living, ideal for families, sea-changers, or holidaymakers.
Captivating Beauty: Indulge in the serene and captivating beauty of this coastal haven within a coveted and peaceful locale.

Essence:

Tranquil Oasis. Coastal Dream. Countryside Bliss.

DISCLAIMER: Please note that all information provided by Pavilion Property is in good faith and derived from sources believed to be accurate and current at the date of publication. Pavilion Property acts as a conduit for this information and advises prospective purchasers to conduct their own inquiries. Pavilion Property will not be liable for any loss resulting from actions or decisions made in reliance on the provided information.

Property History for 24-36 Reservoir Rd, Drysdale, VIC 3222

A timeline of how this property has performed in the market
Last Sold
$1,300,000
27 May 2024
  • 27 May 2024
    Sold for $1,300,000
  • 06 Apr 2023
    Listed for Sale $1,350,000-$1,450,000

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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 3,244 properties. Over the last 5 years, Houses in Drysdale have seen a 34.77% increase in median value, while Units have seen a 32.20% increase. As at 30 September 2024:

  • The median value for Houses in Drysdale is $751,119 while the median value for Units is $519,082.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 23 properties listed for sale, and 4 properties listed for rent in Drysdale on OnTheHouse. According to CoreLogic's data, 117 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.