SOLD
Sold on 20 Feb 2024 for $510,000

116 Ormond Road
East Geelong VIC 3219

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 650m2
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Maxwell Collins Pty Ltd
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Property Details for 116 Ormond Rd, East Geelong

116 Ormond Rd, East Geelong is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 650m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in East Geelong in the last 12 months.

Building Type
House
Land Size
650m2
Local Government
Greater Geelong
Lot/Plan
179/LP53183

Last Listing description (May 2024)

Located in the convenient suburb of East Geelong with a short stroll to 2 major shopping centres, schools, medical facilities and all that area has to offer. A generous parcel of land (650m2 approx.) with an existing home is ready for the astute purchaser to make their mark on. Options a plenty; whether it be a townhouse development or improving the current home and perhaps a battle axe project (STCA). The home is comprised of 2 bedrooms, kitchen, dining, lounge, bathroom, and there is plenty of shedding and storage too. Walking distance to St Margarets Primary School or Tate Street Primary Schooll; the popular Garden Street shopping precinct is just moments away and just a short drive to Eastern Park or the Geelong CBD.

Property History for 116 Ormond Rd, East Geelong, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$510,000
20 Feb 2024
  • 20 Feb 2024
    Sold for $510,000
  • 08 Feb 2024
    Listed for Sale $460,000 - $500,000

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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 2,098 properties. Over the last 5 years, Houses in East Geelong have seen a 28.67% increase in median value, while Units have seen a 11.59% increase. As at 30 September 2024:

  • The median value for Houses in East Geelong is $784,430 while the median value for Units is $477,333.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 3 properties listed for sale, and no properties listed for rent in East geelong on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in East geelong.

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