OFF MARKET

257 Latrobe Terrace
Geelong VIC 3220

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 189m2
Land area: 458m2
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Last updated 16 Dec 2024
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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.

Building Type
House
Year Built
1940
Floor Size
189m2
Land Size
458m2
Local Government
Greater Geelong
Lot/Plan
1/TP323502

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

- Formal entry foyer - 2 consulting rooms and waiting room
- 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.

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Property History for 257 Latrobe Tce, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$310,000
29 Sep 2010
Listed for Rent
$290/w
02 May 2013
  • 28 Sep 2023
    Listed for Sale $930,000 - $990,000
  • 07 Mar 2013
    Listed for Rent - Price not available
  • 29 Sep 2010
    Sold for $310,000
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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 6,191 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 31 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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