SOLD
Sold on 02 Aug 2024 for $420,000

5/197 Torquay Road
Grovedale VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 141m2
Land area: 147m2
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BUXTON (GEELONG EAST) PTY LTD
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Property Details for 5/197 Torquay Rd, Grovedale

5/197 Torquay Rd, Grovedale is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 147m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Grovedale in the last 12 months.

Building Type
House
Year Built
1990
Floor Size
141m2
Land Size
147m2
Local Government
Greater Geelong
Lot/Plan
5/SP36074

Last Listing description (January 2022)

If you are after an easy and convenient lifestyle, then look no further than this delightful 2 bedroom unit in an ideal location; 10 minute drive to the Geelong CBD, 5 minutes to the Waurn Ponds Shopping complex and Deakin University, and an easy 12 minute drive to the popular local beaches of Torquay. All this and more, right at your finger tips! What more could you want?
Both bedrooms include BIRs and the open plan kitchen, living & dining provides a sense of space. A split system will provide you with all year round comfort and the outdoor deck is the perfect place to entertain or sit and enjoy the afternoon sun. Other features of the great unit include a single carport, low maintenance gardens, spacious, secure backyard, garden shed for extra storage, and a neutral colour tone throughout.

Register your interest now as this little gem will not last long!

ONLINE APPLICATION: (highlight the link and post it into your browser)
https://form.jotform.com/BarryPlant/rental-application-Belmont

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Property History for 5/197 Torquay Rd, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$420,000
02 Aug 2024
Listed for Rent
$375/w
19 Jan 2022
  • 02 Aug 2024
    Sold for $420,000
  • 11 Jan 2022
    Listed for Rent $375 / week
  • 18 Dec 2020
    Listed for Rent $340 / week
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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 11 properties listed for rent in Grovedale on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Grovedale.

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