SOLD
Sold on 29 Apr 2024 for $640,000

701/18 Malone Street
Geelong VIC 3220

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 60m2
Land area: 2028m2
Sold By
Buxton Geelong East
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Property Details for 701/18 Malone St, Geelong

701/18 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 2028m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Geelong in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
60m2
Land Size
2028m2
Local Government
Greater Geelong
Lot/Plan
701/PS807630

Last Listing description (May 2024)

Perfectly positioned to enjoy the best of the city and bay, this high end apartment offers a wonderful lifestyle or outstanding investment opportunity in our vibrant Waterfront precinct. Situated in the renowned Mercer complex, a short stroll from an array of restaurants, bars, entertainment, the CBD, special events, the Geelong Arts Centre, Johnstone Park, and moments from the planned Geelong Events and Conference Centre development, this location places you on the doorstep of all the best attractions of the city, with easy access to and from Melbourne via road, nearby Geelong Station, or the Docklands ferry.

Stepping into the apartment, the open plan living area showcases clean lines, white interiors and contemporary flooring creating an elegant aesthetic within. The high end kitchen features waterfall stone benchtops, quality Miele appliances including 600mm oven, gas cooktop, semi-integrated dishwasher, sleek cabinetry and excellent storage solutions. The living area opens out to a balcony providing a private space to enjoy your morning coffee or evening wine whilst taking in the surrounding skyline. The complex also offers a communal terrace and barbeque area, providing an alternative space to enjoy the outdoors, with elevated views across the bay and beyond.

Two bedrooms include built-in robes, the main with ensuite, bedroom two serviced by a separate central bathroom. Both bathrooms are luxuriously finished in floor to ceiling tiles, with modern vanities, stone benchtops, mirror cabinets with lighting, spacious showers, quality fittings and tapware.

Individual split system heating and cooling in the living and bedrooms allows everyone to enjoy their preferred climate, and a European laundry adds to the well-considered functionality of the property. Additional facilities include a secure car space, storage cage, as well as exclusive use of the residents' gymnasium.

Representing exceptional value for premium bayside real estate, this is an outstanding opportunity to enter the coveted Waterfront precinct and enjoy all the rewards that come with this spectacular location.

Property History for 701/18 Malone St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$640,000
29 Apr 2024
  • 29 Apr 2024
    Sold for $640,000
  • 14 Feb 2024
    Listed for Sale $620,000 - $650,000
  • 16 Apr 2018
    Sold for $564,000

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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 6,127 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.
There are currently 35 properties listed for sale, and 30 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 153 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.