OFF MARKET

270 Princess Street
Drysdale VIC 3222

Bedrooms: 2
Bathrooms: 1
Car spaces: 6
Floor area: 140m2
Land area: 93966m2
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Property Details for 270 Princess St, Drysdale

270 Princess St, Drysdale is a 2 bedroom, 1 bathroom House with 6 parking spaces and was built in 2000. The property has a land size of 93966m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last transferred in August 2020.

Building Type
House
Year Built
2000
Floor Size
140m2
Land Size
93966m2
Local Government
Greater Geelong
Lot/Plan
1/TP161485

Last Listing description (October 2018)

Not very often does a property of this calibre become available on the Drysdale rural property market. With stunning views overlooking a wildlife lake, this 9.1 ha, 22.75 acre (approx) property has established equestrian infrastructure as well as rear access to Jurgens Road where horse riders can ride directly to the Drysdale / Leopold Pony Club. Equestrian enthusiasts will appreciate the 8 paddocks, 2 stables and secure electrified fencing.

Upon entry to the main residence, you are greeted with a formal lounge with vaulted ceilings, a stunning formal dining and spacious kitchen. The wood combustion heater creates a warming feel to the home in winter with the split system air-conditioning cooling in summer. The renovated kitchen features granite bench tops, high end stainless steel European appliances and a generous walk in pantry. All of the spacious bedrooms include ample storage and plush carpet. The master bedroom includes a walk in robe and full en-suite.


The second residence includes 2 bedrooms with built in robes, open plan living, a well-appointed kitchen and spacious lounge. Its currently tenanted with a rental yield of $13,520pa.

Features at the property include a colour bond work shop (18m x 7m approx 126sqms) with 3 phase power connected to one of the two 5kw solar systems. 5 x 25,000L rainwater storage tanks and a backup bore water system that replenishes the lake and services the gardens and various fruit trees.
Ideally this property would suit a variety of trades people or businesses with ample storage sheds and ease of access for large machinery.

270 Princess Street, Drysdale is located within a short drive to some of the best wineries, restaurants and fresh food that the Bellarine Peninsula has to offer. An inspection at the property is a must to fully appreciate what the property has to offer.

Property History for 270 Princess St, Drysdale, VIC 3222

A timeline of how this property has performed in the market
Last Transferred
06 Aug 2020
  • 06 Aug 2020
    Transferred
  • 09 Jun 2017
    Sold for $1,500,000
  • 15 Dec 2016
    Listed for Sale 1500000

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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 3,259 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 19 properties listed for sale, and 2 properties listed for rent in Drysdale on OnTheHouse. According to CoreLogic's data, 114 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.