SOLD
Sold on 10 May 2024 for $775,000

19-21 Peter Street
Grovedale VIC 3216

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 183m2
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Property Details for 19-21 Peter St, Grovedale

Building Type
Commercial
Land Size
183m2
Local Government
Greater Geelong
Lot/Plan
1/RP6605

Last Listing description (November 2024)

Gartland are pleased to offer to the market for lease, 19 Peter Street, Grovedale.

Discover a versatile space ready for your vision. This blank canvas is ideally situated in a bustling shopping strip within a vibrant residential community, just off the Torquay Road. With its prime location, this property is perfectly suited for a variety of uses, including retail, office, allied health, beauty, or professional services.

Property Features:

Build area: 121m2 approx
Excellent street frontage
Huge residential catchment area
Rear Car Park
Customer car parking at front
Commercial 1 Zone

Contact us today for further information or to arrange an inspection.

Property History for 19-21 Peter St, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$775,000
10 May 2024
Listed for Rent
$508/w
06 Sep 2024
  • 06 Sep 2024
    Listed for Rent $26,500 / year
  • 10 May 2024
    Sold for $775,000
  • 06 Apr 2023
    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 7,393 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.