SOLD
Sold on 30 May 2024 for $850,000

197 Ryrie Street
Geelong VIC 3220

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 65m2
Land area: 185m2
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Property Details for 197 Ryrie St, Geelong

Building Type
Commercial
Floor Size
65m2
Land Size
185m2
Local Government
Greater Geelong
Lot/Plan
1/TP944997

Last Listing description (December 2022)

* Neighbouring McDonalds, cinemas and restaurants
* Kitchenette and amenities
* Rear store room/workshop

* Rear carpark
* Activity Centre 1 Zone

Property History for 197 Ryrie St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$850,000
30 May 2024
Listed for Rent
$374/w
02 Dec 2022
  • 30 May 2024
    Sold for $850,000
  • 13 Oct 2022
    Listed for Rent $19,500 / year
  • 01 Oct 2020
    Listed for Rent $18,500 / year
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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 6,127 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 36 properties listed for sale, and 31 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 155 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.