5/107-109 Torquay RoadGrovedale VIC 3216
Property Details for 5/107-109 Torquay Rd, Grovedale
5/107-109 Torquay Rd, Grovedale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 292m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in September 2013.
Last Listing description (June 2015)
WOW - This immaculate unit backs onto the Waurn Ponds Creek and walking tracks securing you a picturesque and welcoming lifestyle opportunity for now and the future!
When location is king, this well equipped unit offers more security than the bank with an expected rental income of $260 per week rental income finally some figures that will make your bank manager smile!
Offered with a fresh coat of paint and new carpet throughout you can buy with confidence as this property is presented in immaculate condition, with light filled open plan living, kitchen & dining, excellent sized bedrooms with robes, spacious bathroom with separate toilet and separate laundry.
Enviably set just stones throw to public transport and with an abundance of shops across the road this little gem is a cheery delight!
Please note this exciting opportunity is set at the rear of 6 private units and there are no common walls to this property.
Property History for 5/107-109 Torquay Rd, Grovedale, VIC 3216
- 26 May 2015Listed for Sale $235,000-$255,000
- 19 Sep 2013Sold for $245,000
- 10 May 2013Listed for Sale $235,000-$255,000
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0About 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.
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