OFF MARKET

4 Vermeer Court
Grovedale VIC 3216

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 4 Vermeer Ct, Grovedale

4 Vermeer Ct, Grovedale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1980
Local Government
Greater Geelong
Lot/Plan
1990/LP115568

Last Listing description (November 2023)

Outstanding Development Opportunity!

Presenting an exceptional development opportunity positioned in an outstanding lifestyle pocket, complete with Planning Permits for a 4-property development. Occupying an expansive, 1210m2 (approx.) superbly situated less than 5 minutes from an array of amenities including Waurn Ponds shopping and entertainment precinct, local supermarkets, recreational facilities, 4 minutes (approx.) from Waurn Ponds Station, 17 minutes (approx.) from the CBD and on the gateway to the Surfcoast, this fantastic location offers a wide appeal in terms of lifestyle.

Current plans consist of four 3-bedroom townhouses, three of which have current plans for two living areas with the fourth providing one living (TH2). All offer generous spaces, 2 bathrooms and private backyards, perfectly catering for well-equipped modern living in a low-maintenance setting. TH4 provides a single garage while each of the rest are serviced with a double garage.

The current home provides 3 bedrooms with built in robes, 2 bathrooms, 2 seperate living and dining areas and a study all in original condition.

With all the plans and permits in place, this is an excellent & exciting opportunity for builders or developers to take advantage of an accelerated timeline and invest into the future on a well-designed project with boundless scope for profitable future returns.

Plans & extra documentation available upon request.

Currently tenanted until June 2024 for $480 p/w

Property History for 4 Vermeer Ct, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$750,000
20 May 2021
  • 11 Jul 2023
    Listed for Sale $849,000
  • 19 Aug 2021
    Listed for Rent $460 per week
  • 24 May 2021
    Sold - Price Undisclosed
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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 7,498 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 10 properties listed for rent in Grovedale on OnTheHouse. According to CoreLogic's data, 271 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.