SOLD
Sold on 30 Jul 2024 for $510,000

1/5 Peter Street
Grovedale VIC 3216

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 177m2
Sold By
Jellis Craig Geelong
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Property Details for 1/5 Peter St, Grovedale

1/5 Peter St, Grovedale is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2012. The property has a land size of 177m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Townhouse sold in Grovedale in the last 12 months.

Building Type
Townhouse
Year Built
2012
Floor Size
115m2
Land Size
177m2
Local Government
Greater Geelong
Lot/Plan
2/PS624618

Last Listing description (August 2024)

Easy living in quiet yet handy location, this contemporary three-bedroom, double storey home has a smart floorplan maximizing space and views. Features include:

* Ground floor entry hall with staircase, through to bright and spacious open plan living and East facing outdoor entertaining for breakfasts in morning sunshine
* Impressive kitchen with large stone benchtops, plenty of storage, breakfast bar and dishwasher

* Three bedrooms, all with built in robes, master suite boasts ensuite bathroom and private balcony with impressive views of Geelong and the You Yangs
* Also upstairs are a family bathroom, separate WC, further storage and SS A/C heating and cooling
* Good sized single remote garage with internal access and further off-street parking.
* Additional features, European laundry, downstairs powder room with 3rd WC and further SS heating and cooling.
* Just meters away from local shops, restaurants, and cafe. Grovedale Hotel is less than 1km walk and quick access to Torquay beaches, Geelong CBD and Ring Road
* Property on its own title with no Owners Corp. Previously tenanted with healthy return on investment and now vacant for first home buyers, downsizers, or investors keen to snap up a smart addition to their portfolio

If you're after convenience and low maintenance city living but want more space at a more affordable price than Geelong CBD, then this could be just what you've been looking for, call now to arrange a private inspection.

Property History for 1/5 Peter St, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$510,000
30 Jul 2024
Listed for Rent
$415/w
04 Apr 2023
  • 30 Jul 2024
    Sold for $510,000
  • 30 Jun 2024
    Listed for Sale $470,000 - $510,000
  • 12 Apr 2021
    Listed for Rent $415 / week
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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 7,393 properties. Over the last 5 years, Houses in Grovedale have seen a 32.12% increase in median value, while Units have seen a 23.50% increase. As at 31 October 2024:

  • The median value for Houses in Grovedale is $699,776 while the median value for Units is $452,842.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 12 properties listed for sale, and 9 properties listed for rent in Grovedale on OnTheHouse. According to CoreLogic's data, 226 properties were sold in the past 12 months in Grovedale.

Suburb Insights for Grovedale 3216

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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.