OFF MARKET

6/16 The Esplanade S
Geelong VIC 3220

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
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Property Details for 6/16 The Esplanade S, Geelong

6/16 The Esplanade S, Geelong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
Unit
Year Built
2005
Floor Size
79m2
Local Government
Greater Geelong
Lot/Plan
206/PS528979

Last Listing description (December 2013)

Quest Geelong - High Return Investment Apartment
Situated only minutes form the Geelong waterfront and close to the CBD, strata titled serviced apartment available for direct purchase as secure income producing properties with a long lease and built-in rent increases.
Offering the investor certainty and peace of mind, Quest looks after all the day to day maintenance and rent is paid regardless of occupancy. No more vacancies to worry about and no more hassles as Quest's professional staff manage your investment 24 hours a day.

Current rent $24,506 pa ($471/week) paid direct to you with no deductions.
Enquiries: Ian Hughes 0417 300161 or Mandy Fountain 0408 103 010
Call us now for for details and discover why over 3000 satisfied clients have already become Quest landlords.

Property History for 6/16 The Esplanade S, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$345,000
16 Jan 2014
  • 16 Jan 2014
    Sold for $345,000
  • 07 Dec 2012
    Listed for Sale 350000

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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 6,191 properties. Over the last 5 years, Houses in Geelong have seen a 22.93% increase in median value, while Units have seen a 5.37% increase. As at 30 November 2024:

  • The median value for Houses in Geelong is $823,715 while the median value for Units is $591,169.
  • Houses have a median rent of $500 while Units have a median rent of $515.
There are currently 36 properties listed for sale, and 31 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 160 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.