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Sold on 09 Jul 2024 for $975,000

44 Swanston Street
Geelong VIC 3220

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 114m2
Land area: 386m2
Sold By
Jellis Craig Geelong
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Property Details for 44 Swanston St, Geelong

44 Swanston St, Geelong is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 386m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Geelong in the last 12 months.

Building Type
House
Floor Size
114m2
Land Size
386m2
Local Government
Greater Geelong
Lot/Plan
1/TP823785

Last Listing description (September 2024)

Idyllically positioned in the heart of Geelong and mere moments from the Waterfront, Hospital and CBD this Victorian residence is currently utilised as consulting rooms for one of Geelong's leading surgeons. An instantly captivating facade matches the functional interior where traditional high ceilings flow seamlessly with clean lines and light filled spaces to a flexible floor plan offering three consulting rooms, a waiting room, reception area and staff kitchen. Retaining the original open fire places and including ducted heating there is an abundance of potential for the 386 sqm inner city land parcel - with rear customer parking available via Swanston Place. There is also value add, income producing potential to further sub lease rooms for similar professions - STCA. Located in the RESIDENTIAL GROWTH ZONE - SCHEDULE 1 - there are multiple options regarding future use - maintain the current format or convert the property into the ultimate inner city family home in this tightly held Waterfront locale.

Property History for 44 Swanston St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$975,000
09 Jul 2024
  • 09 Jul 2024
    Sold for $975,000
  • 03 Apr 2024
    Listed for Sale $975,000 - $1,055,000
  • 29 Oct 1994
    Sold for $170,500
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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 6,148 properties. Over the last 5 years, Houses in Geelong have seen a 30.69% increase in median value, while Units have seen a 9.63% increase. As at 31 July 2024:

  • The median value for Houses in Geelong is $846,333 while the median value for Units is $600,037.
  • Houses have a median rent of $520 while Units have a median rent of $500.
There are currently 12 properties listed for sale, and 10 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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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.