OFF MARKET

10 Ryong Street
Grovedale VIC 3216

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 554m2
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Property Details for 10 Ryong St, Grovedale

10 Ryong St, Grovedale is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 554m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1980
Floor Size
120m2
Land Size
554m2
Local Government
Greater Geelong
Lot/Plan
17/LP87488

Last Listing description (September 2021)

Situated on a 565m2 allotment in a quiet pocket of Grovedale, this 4 bedroom, 1 bathroom home offers convenience and could be a fantastic opportunity for those looking to renovate and unlock the potential value this property has to offer.

On entry, the main living room wraps around to the kitchen and dining area with 900mm gas oven and cooktop. The four bedrooms to the rear of the property are serviced by a central bathroom with separate toilet.
The home offers heating by way of a gas wall heater in the living room. Through the side sliding door, a large alfresco area overlooks the expansive backyard which offers a garden shed, gated parking for boat or caravan with plenty of room for additional shedding or extensions to the home (STCA).

The property currently has a secure tenant in it, leased until 21/06/2022 at $330 per week, this property would be an ideal investment.

Located just a 10 minute walk to the Heyers Road shops and Grovedale West Primary School. Just a 5-minute drive to the Waurn Ponds Shopping Centre, 15 minutes to the Geelong CBD and 15 minutes to the Surf Coast. All this convenience, incredible potential and a proven track record of capital appreciation makes this property fantastic value for money in today's competitive market.

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Property History for 10 Ryong St, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$570,000
25 Aug 2021
Listed for Rent
$330/w
01 Jun 2020
  • 25 Aug 2021
    Sold for $570,000
  • 17 Aug 2021
    Listed for Sale $519,000-$549,000
  • 19 May 2020
    Listed for Rent $330 / 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 7,399 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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