OFF MARKET

58 Mundy Street
Geelong VIC 3220

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Land area: 928m2
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Last updated 30 Sep 2024
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Property Details for 58 Mundy St, Geelong

58 Mundy St, Geelong is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 928m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Land Size
928m2
Local Government
Greater Geelong
Lot/Plan
2~16A/PP5311

Last Listing description (November 2022)

Offered to the market for the first time in its long standing history, this much loved home represents an extraordinary real estate opportunity set on a huge 939m2 (approx.) block with a generous 20m (approx.) frontage. Situated on the city fringe, surrounded by local cafes, parks and reserves, within walking distance of the CBD, Waterfront, Medical Precinct, Kardinia Park and South Geelong Station this property resides in one of the best lifestyle pockets of the city. With a multitude of options to renovate, extend, build your dream home, subdivide or develop (STCA) this unique property comes with endless potential! Set in a wide character-lined street, the charming faade features an iron lacework verandah offering a glimpse back to its original era. Inside, high ceilings, timber floorboards, and original fireplaces remain, with four generous bedrooms at the front of the home offering a versatile layout ripe for renovation. The rear living room includes a brick mantel and open fireplace and adjoins the kitchen and meals area which features retro style cabinetry creating a cosy heart of the home. Outdoors, the expansive block features established gardens, and a double carport, garage, plus additional shedding allowing for ample off street parking and storage. Excellent rear lane access also enhances the future potential. Set in a family friendly community with fantastic access to local cafes, South Geelong Primary, the local farmer's market, Richmond Reserve and playground, this location offers an idyllic village stye atmosphere with all the benefits of the city fringe! A rare find in this well-established pocket of central Geelong, you won't find another property like this!
Terms: 10% Deposit, 60 day Settlement. For alternative arrangements, please discuss with agent.

Property History for 58 Mundy St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$1,150,000
19 Nov 2022
  • 19 Nov 2022
    Sold for $1,150,000
  • 06 Oct 2022
    Listed for Sale $1,150,000 - $1,225,000

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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 6,153 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

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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.