257 Latrobe TerraceGeelong VIC 3220
Property Details for 257 Latrobe Tce, Geelong
257 Latrobe Tce, Geelong is a 3 bedroom, 2 bathroom House and was built in 1940. The property has a land size of 458m2 and floor size of 189m2. While the property is not currently for sale or for rent, it was last sold in September 2010.
Last Listing description (January 2024)
Located in the Activity Centre Zone ACZ1 this property has been used as prominent consulting rooms throughout the years. Approved plans are available to construct a 3-level complex, comprising 6 superb apartments with parking underneath. The Planning Permit has recently been extended allowing plenty of time to explore options.
The development explores the maximum allowable on submission, but due to recent amendments, the plan now allows for a construction height up to 21m. This means there is scope for more apartments on this site (STCA). The option exists to refurbish the existing building and lease out or occupy yourself for a number of years as you determine what comes next.
- Land area: 458m2 with valuable rear access
- 3 Bedrooms - 2 bathrooms - formal Living
- Kitchen and laundry
For more information or to inspect the property, contact Tony Young on 0417 811 762 today.
Property History for 257 Latrobe Tce, Geelong, VIC 3220
- 28 Sep 2023Listed for Sale $930,000 - $990,000
- 07 Mar 2013Listed for Rent - Price not available
- 29 Sep 2010Sold for $310,000
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0About 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 6,128 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.
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