OFF MARKET

2/119 Pioneer Road
Grovedale VIC 3216

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 100m2
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Property Details for 2/119 Pioneer Rd, Grovedale

2/119 Pioneer Rd, Grovedale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 100m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
Unit
Year Built
2006
Floor Size
51m2
Land Size
100m2
Local Government
Greater Geelong
Lot/Plan
2/PS319181

Last Listing description (September 2018)

This recently renovated one bedroom unit is in a prime position in the popular suburb of Grovedale. Within walking distance to Waurn Ponds Shopping Centre, Reading Cinema and Leisurelink. Easy access to public transport, the Ring Road and the Surf Coast, and just minutes drive from Deakin University, and the city of Geelong, this is an investment opportunity not to be missed.
This unit has been renovated and is modern, fresh and in pristine condition. The master bedroom features a built-in robe and ceiling fan. A decent sized bathroom features a vanity with plenty of storage space, shower and toilet. The kitchen is bright and inviting and leads to an open plan living and dining space. There are 2 spacious courtyards featuring lush green palms; the perfect surroundings to sit and relax.
Additional features include a reverse cycle ducted split system which is individually zoned for your comfort during both the colder and warmer months, along with additional storage cupboards and a single car garage.

There are 2 other separately titled 2 bedroom units for sale also. Call to enquire about additional details on these.
If you are looking for a way into the property market, this is the perfect first home. Grovedale is growing in popularity and is fast becoming the place to buy for first home buyers. And with excellent rent returns this property may quickly become an investment property for you.
And for the investors out there, this unique property can be sold on its own title or you can purchase the enitre 3 unit allotment. There is huge opportunity to develop this site as it is positioned in a Residential Growth Zone potentially allowing high density development (STCA).
Don't miss out on your chance to own this property.

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Property History for 2/119 Pioneer Rd, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$310,000
07 Sep 2018
Listed for Rent
$230/w
11 Jan 2017
  • 07 Sep 2018
    Sold for $310,000
  • 02 Jul 2018
    Listed for Sale Not Disclosed
  • 21 Oct 2017
    Listed for Sale Not Disclosed
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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 7,496 properties. Over the last 5 years, Houses in Grovedale have seen a 30.71% increase in median value, while Units have seen a 20.23% increase. As at 31 December 2024:

  • The median value for Houses in Grovedale is $703,384 while the median value for Units is $450,952.
  • Houses have a median rent of $510 while Units have a median rent of $430.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Grovedale on OnTheHouse. According to CoreLogic's data, 276 properties were sold in the past 12 months in Grovedale.

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