OFF MARKET

103/6-8 Bellerine Street
Geelong VIC 3220

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
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Property Details for 103/6-8 Bellerine St, Geelong

103/6-8 Bellerine St, Geelong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in December 2010.

Building Type
Unit
Year Built
2012
Floor Size
102m2
Local Government
Greater Geelong
Lot/Plan
101/PS642108

Last Listing description (February 2021)

This first floor dual keyed apartment offers the versatility of renting it as a two-bedroom apartment or as two one-bedroom apartments. Clever design and luxury finishes assist in making this one of the highest yielding apartments in this select building.

In its third year of trade, this unit returned $40,465 net of all costs. Yes, that's what you, the owner, receives after paying rates, Owner's Corporation fees etc. Better than money in the bank in terms of return. A net return to you of between 5% and 5.5% - a commercial return on residential freehold real estate.

The fittings and finishes are superior as is the design and outlook over Austin Park.

A gem in the Geelong CBD.

Please call for more information.

GO TO www.whitfordproperty.com.au TO VIEW MORE PROPERTIES EXCLUSIVE TO OUR WEBSITE ONLY

All information offered by Whitford is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Whitford merely do no more than pass the information on. Use of such material is at your sole risk. Whitford does not have any belief one way or the other as to whether the information is accurate and prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Whitford will not be liable for any loss resulting from any action or decision by you in reliance on the information from Whitford.

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Property History for 103/6-8 Bellerine St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$588,500
10 Dec 2010
  • 02 Dec 2016
    Listed for Sale $735,000
  • 10 Dec 2010
    Sold for $588,500

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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 6,190 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 30 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Geelong.

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