SOLD
Sold on 20 Dec 2023 for $555,000

271 Torquay Road
Grovedale VIC 3216

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 119m2
Land area: 633m2
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Property Details for 271 Torquay Rd, Grovedale

271 Torquay Rd, Grovedale is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 633m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Grovedale in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
119m2
Land Size
633m2
Local Government
Greater Geelong
Lot/Plan
2/LP88044

Last Listing description (February 2024)

This three-bedroom home offers the chance to enter the competitive property market and presents exceptional value. Set amongst lush low maintenance and private gardens, this home offers so much for the young family, investor or first home buyers.
On entry, the large main living area is ideally positioned to take full advantage of the leafy front yard inviting the outside in!
The home has built in robes to two of the three bedrooms and are all generous in size; the third bedroom even has its own adjoining sunroom with rear yard access. The kitchen and bathroom have been updated over the years, making this property liveable from day one, however there is still great potential for renovation or extension.

Underpinning your investment is 633m2 of land with "Residential - Schedule 1" zoning, making this property ideal for potential development in the future (STCA).

Outside, the rear yard is secure and specious, ideal for families. The double garage/shed offers plenty of space for vehicles or even a workshop if desired.

Situated in a prime location, this property will land you within walking distance to public transport, and just a short drive to Waurn Ponds Shopping centre, and a plethora of public and private schooling options - all within a 15-minute drive to the Geelong CBD or Surf Coast.

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Property History for 271 Torquay Rd, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$555,000
20 Dec 2023
  • 20 Dec 2023
    Sold for $555,000
  • 13 Sep 2023
    Listed for Sale Not Disclosed
  • 22 Nov 2012
    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 7,499 properties. Over the last 5 years, Houses in Grovedale have seen a 32.04% increase in median value, while Units have seen a 20.98% increase. As at 30 November 2024:

  • The median value for Houses in Grovedale is $706,870 while the median value for Units is $448,653.
  • Houses have a median rent of $510 while Units have a median rent of $430.
There are currently 14 properties listed for sale, and 8 properties listed for rent in Grovedale on OnTheHouse. According to CoreLogic's data, 275 properties were sold in the past 12 months in Grovedale.

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