4/38-40 Princess St, Drysdale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 180m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Providing a perfect opportunity for first home buyers, downsizers or investors alike to enter the Bellarine Peninsula market. This two bedroom unit is worth the inspection.
With high ceilings in the large open plan living / meals area, a good size kitchen with plenty of cupboard space. The two spacious bedrooms both have BIRs and enjoy lovely garden outlooks. The generous courtyard wraps around the rear of the unit and allows access to the large single lock up garage with remote control.
Located perfectly in the heart of Drysdale and within walking distance to Drysdale central shops, doctors and just minutes from the Bellarine rail trail and Lake Lorne.
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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 3,260 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:
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