51 Mercer StreetGeelong VIC 3220
Property Details for 51 Mercer St, Geelong
51 Mercer St, Geelong is a 2 bedroom, 2 bathroom Unit and was built in 2007. The property has a land size of 692m2 and floor size of 58m2.
Last Listing description (December 2017)
This retail/showroom space is located on Mercer Street - the gateway to Geelong's CBD. It features a large showroom area at the front and a rear warehouse with a loading bay. The existing fitout includes offices, toilets and kitchenette. Great opportunity to position yourself on the CBD fringe close to Deakin University, the Waterfront and major commercial & residential developments.
* Building area: 265m2 approx
* Good window exposure
* Great passing traffic
* 3 phase power
* Located next to a new major residential apartment development
* Zoned: Activity Centre 1
* Available now
Property History for 51 Mercer St, Geelong, VIC 3220
- 14 Nov 2017Listed for Rent $25,000 / year
- 31 May 2017Listed for Rent $25,000 / year
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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 6,127 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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