SOLD
Sold on 24 Feb 2024 for $4,250,000

18 Eastern Beach Road
Geelong VIC 3220

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 270m2
Land area: 284m2
Sold By
Mcgrath Geelong | Newtown
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Property Details for 18 Eastern Beach Rd, Geelong

18 Eastern Beach Rd, Geelong is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1925. The property has a land size of 284m2 and floor size of 270m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Geelong in the last 12 months.

Building Type
Unit
Year Built
1925
Floor Size
270m2
Land Size
284m2
Local Government
Greater Geelong
Lot/Plan
2/PS644045

Last Listing description (September 2024)

Commanding spectacular uninterrupted north-facing views of Eastern Beach through to Cunningham Pier and over Corio Bay to the You Yangs, the exquisitely restored former 'Walbaringa Flats' residence is steeped with a rich history. Built-in 1928, it is noted for its architectural and historically significant Spanish Mission style. The unique facade is characterised by a rectangular plan form, feat. arched windows with ropework pilasters, Cordova tiles and narrow balconies with decorative brackets. A notable tenant from 1938 and throughout the 1940s was Ian McDonald, who developed the Eastern Beach promenade and swimming pools, reflecting his design aesthetic that has become iconic along the waterfront precinct.

Set over three levels, soaring ceilings and polished timber floorboards evoke a grand and airy ambience, while pure wool carpets are luxurious underfoot. The central level incl. garage access to reveal generous open plan living that showcases stunning bay views. A spacious master retreat captures water views with a small balcony and contains a large walk-through robe to the ensuite. This clever layout provides the opportunity to live on this one level of the home. Downstairs comprises two light-filled bedrooms serviced by a family bathroom. The third upper level provides an expansive second living space with glass sliding doors onto the wrap-around balcony with 180-degree water views. A functional kitchenette and study space, fourth bedroom and bathroom complete the layout.

Exceptionally positioned, this location promises an unparalleled lifestyle. Whether it's a morning swim, a gentle kayak on the water or the endless walking tracks around the bay and through the Geelong Botanic Gardens. Close proximity to the Royal Geelong Yacht Club and harbour will suit watercraft enthusiasts. While a selection of Geelong's renowned restaurants, bars and cafes are only moments away. Within easy walking distance of the CBD, Deakin University, hospitals, train station and Ferry Terminal.

- Kitchen boasts stone benchtops, Miele appliances and a BIP
- Lovely connection from the kitchen to a private courtyard
- Three bathrooms with stone benchtops, one with spa bath
- North-facing balconies with panoramic views over Corio Bay
- Freshly painted interiors and exterior, new wool carpets
- Ducted heating and cooling, ceiling fans, double glazing
- Ducted vacuuming, built-in speaker system, alarm system
- Electric gate, remote double garage, via Prospects Lane

Property History for 18 Eastern Beach Rd, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$4,250,000
24 Feb 2024
Listed for Rent
$1.00k/w
23 Mar 2020
  • 24 Feb 2024
    Sold for $4,250,000
  • 25 Jan 2024
    Listed for Sale $3,900,000 - $4,200,000
  • 19 Mar 2020
    Listed for Rent $1,000 / week
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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 6,105 properties. Over the last 5 years, Houses in Geelong have seen a 23.71% increase in median value, while Units have seen a 5.89% increase. As at 30 September 2024:

  • The median value for Houses in Geelong is $820,803 while the median value for Units is $591,191.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 12 properties listed for sale, and 14 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Geelong.

Suburb Insights for Geelong 3220

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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.