SOLD
Sold on 08 Aug 2024 for $1,500,000

40-42 Albert Street
Geelong West VIC 3218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 204m2
Land area: 875m2
Sold By
Jellis Craig Geelong
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Property Details for 40-42 Albert St, Geelong West

40-42 Albert St, Geelong West is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 875m2 and floor size of 204m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Geelong West in the last 12 months.

Building Type
House
Floor Size
204m2
Land Size
875m2
Local Government
Greater Geelong
Lot/Plan
1/TP960531

Last Listing description (August 2024)

Make big plans for your growing family with this expansive double-storey home on a rare double allotment in the heart of the vibrant Pako precinct. Set on 875sqm (approx.), the home boasts multiple living areas, four big bedrooms, a north-facing backyard and even its own large built-in pizza oven that's sure to be a hit for family and guest get-togethers.

The home is move-in ready but also offers scope to update when the time is right. With garaging for multiple vehicles, together with generous workshop space, the property has wide appeal for tradies too. The brick home's lower level is set up for easy entertaining or to let the family spread out and relax, with a sunken formal lounge, adjoining formal dining room, kitchen with family-size casual meals area and a large rear living/rumpus room that welcomes sun from the north.

The country-style kitchen, looking across the meals area, features a wall oven, gas cooktop, breakfast bar and abundant storage including pantry. Step out onto a long veranda for undercover alfresco dining, to access a wood-fired barbecue area, the pizza oven in the rear garage and a sunny enclosed lawn for kids to play safely. The light-filled living room, with space to accommodate multiple sofas and even a pool table, has a wood-burning heater for cosy family nights in.

Two bedrooms with built-in robes enjoy their own wing, sharing a lavish bathroom with marble tiles, spa bath and separate shower, alongside a separate toilet. A second bedroom zone upstairs houses a master suite with walk-in robe and ensuite with double vanity, shower and bidet. A fourth bedroom with robes is ideal to keep young children close by or could double as a private work-from-home area. The upstairs balcony also boasts treetop views across Geelong towards the lights of GMHBA Stadium, making it a relaxing spot for drinks at sunset.

Two garages allow for private and business vehicles - a double garage with wide drive at the front of the property and the second with workshop and extra toilet at the rear. Other highlights include large laundry with double trough, benches and storage, ducted heating/cooling, tiles in high-traffic areas and low-maintenance gardens.

The home is a short stroll to the Pakington St cafe and shopping strip, plus supermarket shopping at Pakington Strand. Enjoy the convenience of walking to Sparrow and West parks, Geelong train station, The Gordon TAFE and Ashby Primary School. A host of Newtown private schools, the CBD and Ring Road are also within easy reach.

Property History for 40-42 Albert St, Geelong West, VIC 3218

A timeline of how this property has performed in the market
Last Sold
$1,500,000
08 Aug 2024
Listed for Rent
$680/w
12 Aug 2021
  • 08 Aug 2024
    Sold for $1,500,000
  • 25 Jul 2024
    Listed for Sale $1,450,000 - $1,525,000
  • 09 Oct 2023
    Listed for Sale Not Disclosed
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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 4,730 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.
There are currently 19 properties listed for sale, and 11 properties listed for rent in Geelong west on OnTheHouse. According to CoreLogic's data, 206 properties were sold in the past 12 months in Geelong west.

Suburb Insights for Geelong West 3218

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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.