OFF MARKET

506/53 Mercer Street
Geelong VIC 3220

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 506/53 Mercer St, Geelong

506/53 Mercer St, Geelong is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 57m2.

Building Type
Unit
Year Built
2019
Floor Size
57m2
Local Government
Greater Geelong

Last Listing description (December 2021)

Luxuriously appointed throughout and with a location for all to envy, this well maintained one bedroom apartment on level 5 is one not to be missed.

- Light filled Master bedroom complete with built in robe
- Sleek open plan kitchen, dining and living area opening to balcony

- Kitchen offers ample storage, stone bench tops & Miele appliances including integrated dishwasher & gas cook top.
- Large central bathroom with high end fixtures and fittings and an oversized double shower
- Reverse cycle wall mounted split system heating & cooling for all year round comfort
- European style laundry with further storage
- Entry via secure intercom
- Secure underground parking and storage cage
-Wiring for high speed internet

Tenants have access to the gymnasium and large common outdoor entertaining space which includes a bbq area and putting green. Perfect for young professionals, downsizers or a starting family, the apartment is conveniently located within close proximity to Geelong's beautiful Waterfront and walking distance to all that Geelong CBD has to offer including cafes, shopping centres, train station and beaches just to name a few.

Please note, as per Government Legislation, you may only attend an open house inspection if you are fully vaccinated against Covid 19 and you will be required to show your vaccination certificate at the open prior to entering the property. Customers who are unvaccinated by choice, or have a medical exemption, cannot attend any open home inspection and must request a private appointment. Please contact us to do so.

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties are advised to carry out their own investigations, and should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Property History for 506/53 Mercer St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Listed for Rent
$420/w
29 Jun 2020
  • 12 Nov 2021
    Listed for Rent - Price not available
  • 06 May 2020
    Listed for Rent - Price not available

Commute Calculator

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

Market Insights
Geelong Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Geelong Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.