3/107-109 Torquay Rd, Grovedale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 175m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
When location is king, this well-equipped unit offers more security than the bank with $280 (approx) per week rental income (until January 2019), cementing the well-known reference that a prospect of this calibre really is, 'as safe as houses'!
You can buy with confidence as this property is presented in immaculate condition, with light filled open plan living, kitchen & dining, split system unit for cooling & gas heater, generous sized bedrooms, spacious bathroom with separate toilet, sensational outdoor entertaining area, private rear yard & single lock up garage.
Enviably set along the Waurn Ponds walking track & picturesque river and just stone's throw to public transport, an abundance of shops & schools.
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 7,394 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:
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