OFF MARKET

404/18 Malone Street
Geelong VIC 3220

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 16 Dec 2024
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Property Details for 404/18 Malone St, Geelong

404/18 Malone St, Geelong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
2019
Local Government
Greater Geelong
Lot/Plan
404/PS807630

Last Listing description (May 2023)

Apartment Living At Its Finest

Residing in the highly sought after "The Mercer" apartment building is this generously spaced two-bedroom apartment designed for low maintenance living without sacrificing quality and style. This stunning and modern abode offers bayside living while enjoying views across Greater Geelong from the spacious deck adjoining the living area and a bedroom.

The Mercer is home to a well maintained communal gym, tranquil rooftop community terrace and barbecue area with uninterrupted views over Corio Bay, as well as your own car space on bottom floor all accessible by an elevator rated to carry 4 tonnes.


The apartments boast a high-end fit-out throughout, including:
- Stone benchtops throughout with a generous amount of storage
- High-end Integrated Dishwasher and Miele appliances
- Neutral colours and tones throughout, separate Laundry area
- Bedroom one has a study nook with incredible views of Corio Bay
- Access to the underground gym and community terrace with barbecue
- Split system heating and cooling, plenty of natural lighting
- Uninterrupted views across Greater Geelong and Corio Bay
- Walking Distance to Geelong Waterfront, Shopping Centres and Hospitality
- Easy access to public transport, Geelong Ring Road and Melbourne

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Property History for 404/18 Malone St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$461,000
02 Mar 2021
  • 28 Apr 2023
    Listed for Rent $450.00
  • 03 Jan 2023
    Listed for Rent $440.00
  • 11 Jan 2022
    Listed for Rent $420.00
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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 6,190 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 30 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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