OFF MARKET

1-5 Bellerine Street
Geelong VIC 3220

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Land area: 1263m2
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Property Details for 1-5 Bellerine St, Geelong

1-5 Bellerine St, Geelong is a 12 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 1263m2. While the property is not currently for sale or for rent, it was last sold in May 1990.

Building Type
Unit
Land Size
1263m2
Local Government
Greater Geelong
Lot/Plan
CP169108

Last Listing description (November 2018)

6x2 Bedroom Apartments all on one title.We are proud to be offering this significant investment opportunity in Geelong that will hold strong appeal for all astute purchasers. These updated apartments command one of the best locations, on the doorstep of the CBD, opposite the Hospital and walking distance to the station. Zoned Residential Growth Schedule 1 this property has a number of possibilities, with the tremendous 745m (approx.) allotment adding significant upside to this premier investment.Rarely do properties such as this come to the market so don't miss this fantastic opportunity to invest in the prosperous future of Geelong.

Property History for 1-5 Bellerine St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$1,300,000
25 May 1990
  • 15 Oct 2018
    Listed for Sale Contact Agent
  • 25 May 1990
    Sold for $1,300,000

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About Geelong 3220

The size of Geelong is approximately 3.3 square kilometres. It has 17 parks covering nearly 8.9% of total area. The population of Geelong in 2011 was 4,700 people. By 2016 the population was 5,220 showing a population growth of 11.1% in the area during that time. The predominant age group in Geelong is 20-29 years. Households in Geelong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geelong work in a professional occupation. In 2011, 55.3% of the homes in Geelong were owner-occupied compared with 54% in 2016.

Geelong has 6,189 properties. Over the last 5 years, Houses in Geelong have seen a 22.93% increase in median value, while Units have seen a 5.37% increase. As at 30 November 2024:

  • The median value for Houses in Geelong is $823,715 while the median value for Units is $591,169.
  • Houses have a median rent of $500 while Units have a median rent of $515.
There are currently 36 properties listed for sale, and 29 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Geelong.

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