SOLD
Sold on 08 Aug 2024 for $615,000

502/18 Malone Street
Geelong VIC 3220

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 65m2
Land area: 2021m2
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Property Details for 502/18 Malone St, Geelong

502/18 Malone St, Geelong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 2021m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Geelong in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
65m2
Land Size
2021m2
Local Government
Greater Geelong
Lot/Plan
502/PS807630

Last Listing description (January 2024)

Perfectly positioned in this luxurious apartment complex this tastefully fully furnished property will make you feel as though you are at home from the moment you step inside. You will find the Waterfront within walking distance to enjoy a leisurely walk or dine at one of the lovely restaurants. Deakin University, hospitals, Geelong CBD and public transport are all within walking distance making this the perfect apartment to call home.

- Two good sized bedrooms with built in robes
- Open plan kitchen, dining and living area opening to a balcony

- Gas cooking, dishwasher and ample cupboard and bench space
- Sleek central bathroom with oversized shower and toilet
- Electric heating and air conditioning provides year round comfort
- European laundry
- Good sized balcony perfect for entertaining
- Single undercover car space

Property History for 502/18 Malone St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$615,000
08 Aug 2024
Listed for Rent
$600/w
16 Dec 2023
  • 08 Aug 2024
    Sold for $615,000
  • 08 Nov 2023
    Listed for Rent $600 / week
  • 24 Oct 2022
    Listed for Rent $600 / 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 6,129 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.
There are currently 35 properties listed for sale, and 30 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 148 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.