SOLD
Sold on 13 Dec 2023 for $695,000

516 Ryrie Street
East Geelong VIC 3219

Bedrooms: 2
Bathrooms: 2
Car spaces: 5
Floor area: 118m2
Land area: 780m2
Sold By
Jellis Craig Geelong
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Property Details for 516 Ryrie St, East Geelong

516 Ryrie St, East Geelong is a 2 bedroom, 2 bathroom House with 5 parking spaces and was built in 1960. The property has a land size of 780m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in East Geelong in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
118m2
Land Size
780m2
Local Government
Greater Geelong
Lot/Plan
1A/LP54166

Last Listing description (December 2023)

Positioned amongst the bustle of East Geelong, occupying 780m2 of land with an approx. 16.2m frontage and 48m depth - this comfortable home is blank canvas brimming with potential. Recently updated it beckons forward-thinking developers and investors with vision to turn their ideas into reality. Potential meets practicality with this three-bedroom home where the generous land size and developmental aspiration align - unlocking the possibilities. The residence houses a functional kitchen space, with living and dining areas that blend seamlessly to provide an ideal layout for everyday living with a large family rumpus room and renovated family bathroom. Rarely found, this property showcases an expansive 4-car garage at the rear. Beyond its mere utilitarian purpose, this space offers not only excellent side access for ample parking provisions, but also the capacity to house gardening essentials and serve as a canvas for future creative pursuits. Situated in a peaceful neighbourhood, you are just moments away from the Garden St cafe hub, Geelong's Botanical Gardens, a selection of reputable schools, the bustling CBD and waterfront and offering easy access to the Bellerine Peninsula. Unlock the possibilities where location, generous land size, and unparralled developmental potential intersect to create a canvas of endless opportunities.

Property History for 516 Ryrie St, East Geelong, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$695,000
13 Dec 2023
Listed for Rent
$380/w
17 Sep 2021
  • 13 Dec 2023
    Sold for $695,000
  • 29 Aug 2023
    Listed for Sale Not Disclosed
  • 27 Aug 2021
    Listed for Rent $380 / week
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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.

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.