SOLD
Sold on 21 Mar 2024 for $520,000

5 Powell Street
East Geelong VIC 3219

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 344m2
Sold By
Buxton Geelong East
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Property Details for 5 Powell St, East Geelong

5 Powell St, East Geelong is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 344m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom House sold in East Geelong in the last 12 months.

Building Type
House
Floor Size
121m2
Land Size
344m2
Local Government
Greater Geelong
Lot/Plan
1/TP518391

Last Listing description (March 2024)

Set in an enviable pocket of coveted East, this original home, set on 344m2 (approx.) comes with endless potential to update, renovate, extend, or build your dream home (STCA) in one of our most sought after lifestyle pockets. Situated in a character-lined street, within walking distance of the Garden Street shopping and cafe precinct, Eastern Gardens, less than 5 minutes from the CBD, Waterfront, medical precinct, South Geelong Station, and moments from the highway for easy access to the Bellarine Peninsula, this location offers the perfect blend of family friendly community living and proximity to the city.

The versatile floorplan consists of a living and dining area at the front of the home and a separate kitchen equipped with 600mm oven and cooktop. Two large bedrooms include built-in robes and are serviced by a central bathroom. A laundry, second WC and study at the rear complete the facilities of the home.

Outside, a generous backyard is your blank canvas, the long driveway allows for ample off street parking, and a separate studio offers a versatile space for a workshop, storage, office, according to your needs.

An exceptional opportunity to enter a premium city fringe market at an affordable level, this property offers the astute buyer endless scope for future reward.

Property History for 5 Powell St, East Geelong, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$520,000
21 Mar 2024
  • 21 Mar 2024
    Sold for $520,000
  • 30 Jan 2024
    Listed for Sale $500,000 - $550,000

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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 2,100 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.
There are currently 6 properties listed for sale, and 3 properties listed for rent in East geelong on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in East geelong.

Suburb Insights for East Geelong 3219

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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.