SOLD
Sold on 16 Jan 2024 for $515,000

2/5 Waratah Place
Grovedale VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 101m2
Land area: 408m2
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Property Details for 2/5 Waratah Pl, Grovedale

2/5 Waratah Pl, Grovedale is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2003. The property has a land size of 408m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Townhouse sold in Grovedale in the last 12 months.

Building Type
Townhouse
Year Built
2003
Floor Size
101m2
Land Size
408m2
Local Government
Greater Geelong
Lot/Plan
2/PS435360

Last Listing description (December 2019)

Located close to public transport and within minutes to Deakin Uni & Waurn Ponds.

Comprising -


* Open plan Living with gas heating
* Kitchen with gas cooking
* Dining area
* 2 bedrooms with BIR's
* Bathroom with bath, shower & vanity
* Separate toilet & laundry areas
* Single garage with internal access
* Single carport
* Private & secure rear yard
* AC to be installed

Avail 20th December 2019. Minimum 12 month lease.

Property History for 2/5 Waratah Pl, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$515,000
16 Jan 2024
Listed for Rent
$320/w
04 Dec 2019
  • 16 Jan 2024
    Sold for $515,000
  • 27 Nov 2019
    Listed for Rent $320 / week
  • 29 Mar 2018
    Sold for $350,000
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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 7,395 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 8 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.