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Sold on 06 Nov 2024 for $525,000

11/17A The Esplanade
Geelong VIC 3220

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 977m2
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Property Details for 11/17a The Esplanade, Geelong

11/17a The Esplanade, Geelong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 977m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Geelong in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
66m2
Land Size
977m2
Local Government
Greater Geelong
Lot/Plan
11/PS728667

Last Listing description (November 2024)

Situated directly across from the tranquil Corio Bay, this beautifully refreshed two-bedroom unit in a secure apartment complex offers outstanding value in one of Geelongs most sought-after locations. Both spacious bedrooms include built-in robes, while the stylishly renovated bathroom features integrated laundry facilities. The sunlit, north-facing living room opens effortlessly onto a delightful balcony, providing serene water views and stunning vistas.The generous kitchen offers plenty of cupboard space, ideal for cooking and entertaining. With fresh paint, new flooring, and a newly installed split system air conditioner, the interior is light bright and move-in ready. The complex ensures off-street parking with a single carport, and it's all just a short walk to Geelongs vibrant city center. This is a fantastic opportunity to invest in a home with Geelongs best amenities right at your doorstep.Expected Rent Return - Approx. $490-$510/wkShort Stay Accommodation Return - Approx. $200-$250/Night *All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Property History for 11/17a The Esplanade, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$525,000
06 Nov 2024
Listed for Rent
$500/w
15 Apr 2024
  • 06 Nov 2024
    Sold for $525,000
  • 18 Mar 2024
    Listed for Rent $500 / week
  • 01 Dec 2023
    Listed for Sale $499,000 -$545,000
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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 6,130 properties. Over the last 5 years, Houses in Geelong have seen a 28.46% increase in median value, while Units have seen a 5.92% increase. As at 31 October 2024:

  • The median value for Houses in Geelong is $852,765 while the median value for Units is $590,064.
  • Houses have a median rent of $525 while Units have a median rent of $500.
There are currently 35 properties listed for sale, and 30 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Geelong.

Suburb Insights for Geelong 3220

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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.