4 Gordon AvenueGeelong West VIC 3218
Property Details for 4 Gordon Ave, Geelong West
Last Listing description (June 2010)
HIGH PROFILE SHOWROOM INVESTMENT
* Located in Geelong West's Showroom/Office precinct
* Major thoroughfare between Princes Highway and Pakington Street
* Current Rental $39,480pa plus GST net
* Tenant pays all Outgoings
* Annual Reviews and Options
* Building area 295m2 approx.
* Land area 327m2 approx. (13m frontage)
* Opposite major new car dealerships and minutes to CBD
* Zone Business 4
Property History for 4 Gordon Ave, Geelong West, VIC 3218
- 21 Dec 2023Sold for $1,600,000
- 08 Jun 2010Listed for Sale Not Disclosed
- 09 Apr 2010Sold for $630,000
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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 2011 was 6,682 people. By 2016 the population was 6,976 showing a population growth of 4.4% in the area during that time. The predominant age group in Geelong West is 20-29 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 2011, 58.5% of the homes in Geelong West were owner-occupied compared with 57.4% in 2016.
Geelong West has 4,727 properties. Over the last 5 years, Houses in Geelong West have seen a 32.71% increase in median value, while Units have seen a 21.67% increase. As at 31 October 2024:
- The median value for Houses in Geelong West is $838,825 while the median value for Units is $481,536.
- Houses have a median rent of $520 while Units have a median rent of $460.
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