OFF MARKET

1/293 Torquay Road
Grovedale VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 228m2
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Last updated 14 Oct 2024
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Property Details for 1/293 Torquay Rd, Grovedale

1/293 Torquay Rd, Grovedale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 228m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
2010
Floor Size
84m2
Land Size
228m2
Local Government
Greater Geelong
Lot/Plan
1/PS509690

Last Listing description (November 2020)

A sensational opportunity for first home buyers, savvy investors or downsizer to take advantage of this well-presented single level unit. Located in a block of 4 and convenient to transport and local shopping and leisure centres. Comfortable and with a practical floor plan, its generous kitchen/meals area feeds into a carpeted open-plan living room with sliding doors to a private rear courtyard. Both bedrooms are spacious with built in robes and the central bathroom is bright, so too is the laundry. Other features include split system air conditioning/heating, single garage and a low maintenance garden. Currently tenanted at $320pw to a tenants most willing to remain in occupation.

Property History for 1/293 Torquay Rd, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$350,000
02 Jul 2020
Listed for Rent
$320/w
09 Jul 2019
  • 02 Jul 2020
    Sold for $350,000
  • 11 May 2020
    Listed for Sale $355,000
  • 21 Jun 2019
    Listed for Rent - Price not available
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About Grovedale 3216

The size of Grovedale is approximately 7 square kilometres. It has 21 parks covering nearly 14.3% of total area. The population of Grovedale in 2011 was 14,153 people. By 2016 the population was 14,314 showing a population growth of 1.1% in the area during that time. The predominant age group in Grovedale is 20-29 years. Households in Grovedale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Grovedale work in a professional occupation. In 2011, 74.1% of the homes in Grovedale were owner-occupied compared with 70.5% in 2016.

Grovedale has 7,399 properties. Over the last 5 years, Houses in Grovedale have seen a 31.65% increase in median value, while Units have seen a 24.46% increase. As at 30 September 2024:

  • The median value for Houses in Grovedale is $693,223 while the median value for Units is $461,903.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Grovedale on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Grovedale.

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