OFF MARKET

3/69-73 Gloucester Street
Grovedale VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 141m2
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Property Details for 3/69-73 Gloucester St, Grovedale

3/69-73 Gloucester St, Grovedale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 141m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1992
Floor Size
89m2
Land Size
141m2
Local Government
Greater Geelong
Lot/Plan
3/PS313706

Last Listing description (August 2021)

A cracking investment opportunity whether you're adding or starting your investment journey. Beautifully positioned in a peaceful and convenient location, presenting well as is, but could also benefit with an update now to secure your investment into the future. The entry features a bull nose verandah providing protection from the elements whilst inside offers a lovely bright kitchen with ample cupboards & bench space, open living and dining space.

There's two bedrooms, both sharing the central bathroom. A single lockup garage and the easily maintained court yard compliment to the brick veneer facade. The unit is one of three on the block and would offer investors a consistent, reliable return in the vicinity of $310 per week or equally would be ideal for buyers looking for a home just to call their own.
So well located, within easy reach of several shopping centres and services which include, doctors, pharmacy, banking, allied health, library and much more. Be alert to an opportunity or it will be gone.

Property History for 3/69-73 Gloucester St, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$415,000
08 Jun 2021
Listed for Rent
$290/w
28 Feb 2017
  • 08 Jun 2021
    Sold for $415,000
  • 26 May 2021
    Listed for Sale $389,000-$419,000
  • 10 Feb 2017
    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 7,394 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:

  • 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.