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Sold on 26 Oct 2023 for $527,500

3/250 Myers Street
Geelong VIC 3220

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/250 Myers St, Geelong

3/250 Myers St, Geelong is a 2 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom House sold in Geelong in the last 12 months.

Building Type
House
Local Government
Greater Geelong
Lot/Plan
3/SP22571

Last Listing description (October 2023)

Have you been dreaming of low-maintenance living that feels like home? Located footsteps from the Garden Street shopping precinct, this two-bedroom unit is the one you've been waiting for! With a selection of the finest cafes, boutiques, and shops virtually on your doorstep, this location is a dream come true. The Geelong CBD is moments away, where you can explore the vibrant Arts Precinct or enjoy a night out in the foodie hub of Little Malop Street. Healthcare workers will appreciate that they can walk to the CBD hospitals. To top it all off, the picturesque Waterfront, Geelong Botanical Gardens and Eastern Park promise to elevate your weekends.

• The living room creates a peaceful setting to kick back and relax.
• The generous dining/kitchen zone opens onto the garden courtyard, which wraps around the home.

• The kitchen features timber cabinetry, a large built-in pantry, breakfast bar and cooking appliances (oven, gas cooktop, rangehood).
• Two bedrooms with built-in robes share close access to the bathroom, while the separate toilet and laundry complete the layout.
• A split-system air conditioner and gas wall heater keep you comfortable in all seasons. The single garage provides parking.
• An ideal choice for first homebuyers, savvy investors, or those looking to downsize in a superb location. For the investors, our team has estimated the current rental value of the property is $380 - $400 per week.

Property History for 3/250 Myers St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$527,500
26 Oct 2023
Listed for Rent
$435/w
08 Dec 2023
  • 26 Oct 2023
    Sold for $527,500
  • 28 Sep 2023
    Listed for Sale $500,000 - $550,000
  • 23 Jun 2022
    Listed for Rent $435 / 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 6,153 properties. Over the last 5 years, Houses in Geelong have seen a 24.56% increase in median value, while Units have seen a 10.33% increase. As at 31 August 2024:

  • The median value for Houses in Geelong is $829,449 while the median value for Units is $608,831.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 12 properties listed for sale, and 12 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Geelong.

Suburb Insights for Geelong 3220

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Julie Standen
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Compton Green Geelong
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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.