OFF MARKET

4/1-5 Elgin Street
Drysdale VIC 3222

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 221m2
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Property Details for 4/1-5 Elgin St, Drysdale

4/1-5 Elgin St, Drysdale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 221m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1980
Floor Size
107m2
Land Size
221m2
Local Government
Greater Geelong
Lot/Plan
4/PS318697

Last Listing description (May 2022)

Units in the heart of Drysdale are in great demand of recent times. With an average on market timeframe of 2-3 weeks it pays not to delay inspecting and placing your offer on these highly sought after commodities. Within one hundred metres of the front door of unit 4 you can visit the welcoming crew at Springdale Community Centre, have a relaxing massage at the physio, play a game of cards or bingo at the Seniors or just sit and have a relaxing coffee at the Bungalow.
A short stroll to the centre of town for shopping, medical facilities or public transport to Geelong or a day around the beautiful Bellarine.

The property offers a lovely north facing living area and main bedroom with awning blinds for those hot summer days. The dining room, spacious outdoor entertaining area and kitchen form the central hub of the home. Plenty of cupboard space throughout. A neat and tidy bathroom, separate toilet and two spacious bedrooms with a wall of BIRs in each.

There is a garden shed and manageable outdoor area for those who still like to spend time in the vege patch. The single and a half garage has work room for the home handy person.

Disclaimer:
"Information contained on any marketing material, website or other portal should not be relied upon. You should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property."

Property History for 4/1-5 Elgin St, Drysdale, VIC 3222

A timeline of how this property has performed in the market
Last Sold
$489,000
12 May 2022
Listed for Rent
$230/w
20 Mar 2013
  • 12 May 2022
    Sold for $489,000
  • 30 Apr 2022
    Listed for Sale $489,000-$539,000
  • 23 Nov 2013
    Sold for $245,000
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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 3,261 properties. Over the last 5 years, Houses in Drysdale have seen a 29.61% increase in median value, while Units have seen a 24.63% increase. As at 31 July 2024:

  • The median value for Houses in Drysdale is $748,779 while the median value for Units is $491,991.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Drysdale on OnTheHouse. According to CoreLogic's data, 122 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.