SOLD
Sold on 29 May 2024 for $497,500

11/5 Peter Street
Grovedale VIC 3216

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 92m2
Land area: 201m2
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Property Details for 11/5 Peter St, Grovedale

11/5 Peter St, Grovedale is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2011. The property has a land size of 201m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Townhouse sold in Grovedale in the last 12 months.

Building Type
Townhouse
Year Built
2011
Floor Size
92m2
Land Size
201m2
Local Government
Greater Geelong
Lot/Plan
11/PS624607

Last Listing description (November 2023)

With manageable living in mind, this three bedroom townhouse is the perfect opportunity for first home buyers and investors alike.

Boasting a functional floorplan, open plan in design with the kitchen featuring gas cooktop, electric oven, dishwasher, ample storage and stone bench tops overlooking the dining and living area. All three bedrooms have built-in-robes and are serviced by a central bathroom and separate toilet.

Additional features throughout the home include ducted heating, split system, double remote garage which also includes internal access for ease, security, ample storage.

Located in this popular pocket of Grovedale, close to public transport, easy access to the Ring road and the bustling Waurn Ponds shopping precinct, all the services you could want and need are right at your fingertips.

Property History for 11/5 Peter St, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$497,500
29 May 2024
Listed for Rent
$330/w
08 Oct 2015
  • 29 May 2024
    Sold for $497,500
  • 04 Jul 2023
    Listed for Sale $489,000 - $529,000
  • 31 Jul 2021
    Sold for $515,000
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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 11 properties listed for sale, and 7 properties listed for rent in Grovedale on OnTheHouse. According to CoreLogic's data, 227 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.