1/11 Mcneill AvenueEast Geelong VIC 3219
Property Details for 1/11 Mcneill Ave, East Geelong
Last Listing description (April 2023)
Presenting a fantastic opportunity to enter the market. Position yourself on the fringe of the Geelong CBD in this growth corridor and add value to this home. This original home is positioned on approx 339sqm on its own title and provides much scope for a major renovation or development (STCA).
The home consists of 2 bedrooms with a central bathroom, 1 living area and kitchen/dining space. The potential of this property needs to be seen. With close proximity to South Geelong train station, Bellarine shopping village, schools and sporting grounds and situated just minutes from the Geelong CBD and vibrant waterfront this is your ticket into the property market for a first home buyer to make a house their home, or for the savvy investor or developer to demolish and start again (STCA).
*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Property History for 1/11 Mcneill Ave, East Geelong, VIC 3219
- 26 Feb 2024Sold for $600,000
- 15 Apr 2023Sold for $262,000
- 22 Mar 2023Listed for Sale Auction
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About East Geelong 3219
The size of East Geelong is approximately 3.4 square kilometres. It has 5 parks covering nearly 33.4% of total area. The population of East Geelong in 2011 was 3,859 people. By 2016 the population was 3,863 showing a population growth of 0.1% in the area during that time. The predominant age group in East Geelong is 50-59 years. Households in East Geelong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Geelong work in a professional occupation. In 2011, 67.7% of the homes in East Geelong were owner-occupied compared with 67.9% in 2016.
East Geelong has 2,100 properties. Over the last 5 years, Houses in East Geelong have seen a 28.36% increase in median value, while Units have seen a 9.69% increase. As at 31 October 2024:
- The median value for Houses in East Geelong is $794,987 while the median value for Units is $478,156.
- Houses have a median rent of $510 while Units have a median rent of $425.
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