44 Swanston StreetGeelong VIC 3220
Property Details for 44 Swanston St, Geelong
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
- 25 Jul 2024Sold for $975,000
- 03 Apr 2024Listed for Sale $975,000 - $1,055,000
- 29 Oct 1994Sold for $170,500
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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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