OFF MARKET

16/5 Peter Street
Grovedale VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 81m2
Land area: 156m2
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Property Details for 16/5 Peter St, Grovedale

16/5 Peter St, Grovedale is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 156m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in June 2012.

Building Type
Unit
Year Built
2012
Floor Size
81m2
Land Size
156m2
Local Government
Greater Geelong
Lot/Plan
16/PS624607

Last Listing description (May 2021)

This modern, well maintained unit is located walking distance to local shopping strips, public transport and only a short drive to the CBD, Waurn Ponds Shopping Centre or the Surf Coast.

It is tucked away at the back of a large unit complex and would be perfect for a single person or a couple.


This unit features:
- Two spacious bedrooms both with BIR's
- Open plan kitchen, dining and living
- A separate toilet off the laundry
- A bath and a separate shower
- Quality appliances including stainless steel dishwasher, gas ducted heating and stainless-steel cooking facilities
- A low maintenance, North facing courtyard
- Lock-up garage
- Visitor carpark
- 12 month lease minimum
- Available Friday 21st May 2021.

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Property History for 16/5 Peter St, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$285,000
15 Jun 2012
Listed for Rent
$350/w
17 May 2021
  • 10 May 2021
    Listed for Rent $350 / week
  • 08 Jan 2021
    Listed for Rent $350 / week
  • 03 Apr 2020
    Listed for Rent $350 / 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 7,390 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 13 properties listed for sale, and 10 properties listed for rent in Grovedale on OnTheHouse. According to CoreLogic's data, 224 properties were sold in the past 12 months in Grovedale.

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