OFF MARKET

8 Richmond Crescent
Geelong VIC 3220

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 535m2
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Last updated 16 Dec 2024
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Property Details for 8 Richmond Cres, Geelong

8 Richmond Cres, Geelong is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 535m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
House
Land Size
535m2
Local Government
Greater Geelong
Lot/Plan
4/LP12650

Last Listing description (April 2016)

What a Find! Rare opportunity to purchase in the heart of Geelong.
Overlooking East Geelong Oval with Skilled Stadium, Geelong city centre, with public transport all on your doorstep this really is the perfect position for this fantastic renovation, Subdivision or Investment property.
The potential for this 3 bedroom home is massive! With three large size bedrooms, generous kitchen and dining area and a great sized living at the front of the home.

The bathroom and the toilet have already been done for you, with a double shower and neutral tone tiles throughout the hard work has been done!
This is an ideal project for any savvy purchaser wanting to have a renovation project for themselves or as an investment in a fantastic central location in Geelong. Potential for further sub division (STCA) on 536sqm with access from Richmond Crescent.
Put this property on your list to inspect today one look and you will fall in love with all this home has to offer.

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Property History for 8 Richmond Cres, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$524,000
19 Mar 2016
Listed for Rent
$480/w
26 Mar 2015
  • 19 Mar 2016
    Sold for $524,000
  • 18 Feb 2016
    Listed for Sale Not Disclosed
  • 19 Mar 2015
    Listed for Rent - Price not available
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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 6,189 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 29 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Geelong.

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