OFF MARKET

5/56 Ormond Road
East Geelong VIC 3219

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 1986m2
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Property Details for 5/56 Ormond Rd, East Geelong

5/56 Ormond Rd, East Geelong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 1986m2 and floor size of 93m2.

Building Type
Unit
Year Built
2005
Floor Size
93m2
Land Size
1986m2
Local Government
Greater Geelong

Last Listing description (December 2021)

This neat and tidy unit is situated in an ideal location, close to Geelong's CBD. You'll find yourself at home in no time with two bedrooms (one with a large built-in robe), an open plan and spacious lounge with electric heating, kitchen with electric cooking appliances and a central bathroom with separate toilet. Featuring a separate laundry, a low maintenance yet private courtyard and a single carport space.

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Property History for 5/56 Ormond Rd, East Geelong, VIC 3219

A timeline of how this property has performed in the market
Listed for Rent
$325/w
18 Dec 2021
  • 16 Nov 2021
    Listed for Rent $325 / week
  • 18 Sep 2014
    Listed for Rent $295 / week
  • 23 Jul 2011
    Listed for Sale EXPRESSIONS OF INTEREST
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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 2,112 properties. Over the last 5 years, Houses in East Geelong have seen a 24.56% increase in median value, while Units have seen a 10.91% increase. As at 30 November 2024:

  • The median value for Houses in East Geelong is $779,734 while the median value for Units is $485,142.
  • Houses have a median rent of $505 while Units have a median rent of $428.
There are currently 4 properties listed for sale, and 2 properties listed for rent in East geelong on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in East geelong.

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