OFF MARKET

9 Lomond Terrace
East Geelong VIC 3219

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 718m2
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Property Details for 9 Lomond Tce, East Geelong

9 Lomond Tce, East Geelong is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 718m2 and floor size of 100m2.

Building Type
House
Floor Size
100m2
Land Size
718m2
Local Government
Greater Geelong

Last Listing description (June 2015)

Outstanding investment opportunity presents itself in a central & convenient location oozing development potential with plans and permits already issued to construct two modern townhouses. The existing dwelling consists of three spacious bedrooms, central bathroom and an updated well equipped kitchen with gas cooking, ample bench and cupboard space. Comfortable light filled lounge with gas heating adjoins dining room which exits to the spacious rear yard and garaging. The home is neat & tidy throughout and will provide the savvy purchaser an immediate income in the vicinity of $290 per week. Located only minutes to Geelong's CBD, Waterfront & Botanical Gardens, multiple Shopping Centre's, School's and Childcare facilities to choose from while being extremely handy to public transport. A motivated vendor, keen to meet the market and READY to consider all offers on this exciting development or investment opportunity. Allotment dimensions (approximately) 18m x 40m, measuring 720m2 in total. Flat, ripe & ready to go!!!

Property History for 9 Lomond Tce, East Geelong, VIC 3219

A timeline of how this property has performed in the market
Listed for Rent
$270/w
11 Jul 2014
  • 26 May 2015
    Listed for Rent - Price not available
  • 26 May 2015
    Listed for Sale $299,000-$329,000
  • 08 Apr 2014
    Listed for Rent - Price not available
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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 2,107 properties. Over the last 5 years, Houses in East Geelong have seen a 31.49% increase in median value, while Units have seen a 19.50% increase. As at 31 July 2024:

  • The median value for Houses in East Geelong is $795,245 while the median value for Units is $504,868.
  • Houses have a median rent of $510 while Units have a median rent of $435.
There are currently 2 properties listed for sale, and 2 properties listed for rent in East geelong on OnTheHouse. According to CoreLogic's data, 68 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.