OFF MARKET

38A Peter Street
Grovedale VIC 3216

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 675m2
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Property Details for 38a Peter St, Grovedale

38a Peter St, Grovedale is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 675m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
1950
Floor Size
150m2
Land Size
675m2
Local Government
Greater Geelong
Lot/Plan
1/PS403300

Last Listing description (June 2018)

Opportunities like this are few and far between, but here is your chance to secure your own slice of heaven in the booming Grovedale. The home boasts 4 spacious bedrooms main bedroom boasting an ensuite and the remainder sharing the family bathroom. A comfortable and spacious lounge area complements the kitchen, dining area. Within the desirable north facing rear yard sits a double lock up garage and ample off street parking whilst still offering a multitude of possibilities and scope for a grand extension or potential subdivision (STCA)
In this key location of Grovedale an outstanding opportunity exists for the astute purchaser to capitalise on this highly desirable location within walking distance to local shops on Peters Street shops, The ever expanding Waurn Ponds shopping plaza not too far away or back out on Torquay Hwy giving you easy access to the Geelong CBD or the Surf Coast in just 15 mins. Combine position & potential and you have the opportunity of a life time.

Property History for 38a Peter St, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$451,000
26 May 2018
  • 26 May 2018
    Sold for $451,000
  • 27 Apr 2018
    Listed for Sale Contact Agent
  • 24 Jul 2015
    Sold for $300,000
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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 7,394 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 11 properties listed for sale, and 7 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.