16 Albert Street, Geelong West, VIC 3218 | Property Value & History | OnTheHouse
OFF MARKET

16 Albert Street
Geelong West VIC 3218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 508m2
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Property Details for 16 Albert St, Geelong West

16 Albert St, Geelong West is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 508m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
House
Year Built
1930
Floor Size
118m2
Land Size
508m2
Local Government
Greater Geelong
Lot/Plan
1/TP943479

Last Listing description (February 2025)

Renovate this red brick home into a stunning dwelling for the family or demolish the dwelling and develop the site into retail, office and/or apartments STCA.

Positioned on the doorstep of cosmopolitan Pakington Street Geelong West, this rare property offers a wonderful variety of options for those looking to add value to a wonderful investment opportunity.

The existing freestanding residential home requires a renovation and sits on a Commercial 1 Zone allotment of approximately 508m2, offers 2 street frontages. This is an ideal property for those looking to add to their SMSF or property portfolio or wishing to take advantage of the abundance of boutique shops, cafes, restaurants and amenities that this fantastic location has to offer.

Contact Jim Cross of Brock Buchanan for more details.

- Desirable development site, metres from the heart of the Pakington Street shopping precinct.
- Corner land holding of 508 sqm approx
- Over 45m of combined dual street frontage
- Zoning: Commercial 1 Zone (C1Z)
- Blank canvas opportunity offered with vacant possession
- Development potential for a range of uses (STCA)
- Adjacent to council car park, Geelong Town Hall & Dan Murphy's

Property History for 16 Albert St, Geelong West, VIC 3218

A timeline of how this property has performed in the market
Last Sold
$920,000
12 Dec 2024
Listed for Rent
$950/w
23 Nov 2023
  • 12 Dec 2024
    Sold for $920,000
  • 22 Nov 2024
    Listed for Sale Not Disclosed
  • 02 Oct 2023
    Listed for Rent $950 / week
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About Geelong West 3218

The size of Geelong West is approximately 2.3 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Geelong West in 2016 was 6966 people. By 2021 the population was 7345 showing a population growth of 5.4% in the area during that time. The predominant age group in Geelong West is 30-39 years. Households in Geelong West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geelong West work in a professional occupation.In 2021, 57.50% of the homes in Geelong West were owner-occupied compared with 57.40% in 2016.

Geelong West has 4,788 properties. Over the last 5 years, Houses in Geelong West have seen a 18.20% increase in median value, while Units have seen a 25.25% increase. As at 31 January 2026:

  • The median value for Houses in Geelong West is $858,852 while the median value for Units is $538,797.
  • Houses have a median rent of $530 while Units have a median rent of $433.
There are currently 7 properties listed for sale, and 8 properties listed for rent in Geelong west on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Geelong west.

Suburb Insights for Geelong West 3218

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.