SOLD
Sold on 13 Mar 2024 for $387,000

5/7 Isabella Street
Grovedale VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 135m2
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Property Details for 5/7 Isabella St, Grovedale

5/7 Isabella St, Grovedale is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2012. The property has a land size of 135m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Grovedale in the last 12 months.

Building Type
House
Year Built
2012
Floor Size
66m2
Land Size
135m2
Local Government
Greater Geelong
Lot/Plan
5/PS633319

Last Listing description (December 2017)

Situated in a quiet street this hidden gem offers great value for money to an investor or to a first home buyer. This home features an undercover carport with two spacious bedrooms including built in robes with sliding doors and one bathroom. Quality roller blinds feature throughout and a substantial split system located in the living area ensures that the home is warm in winter and cool in summer. The kitchen has ample cupboard space and features stainless steel appliances and a large tiled splash back. The kitchen and living space is located next to the alfresco area and private, low maintenance courtyard which is also equipped with a garden shed. The Euro laundry is a genius use of floor space and is cleverly hidden away. Positioned perfectly for easy access to Waurn Ponds shopping precinct, recreational facilities, Deakin University, local Schools, public transport and the Ring Road. Currently leased to a fantastic tenant at $270 per week until May 2018.

Property History for 5/7 Isabella St, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$387,000
13 Mar 2024
Listed for Rent
$270/w
17 Mar 2017
  • 13 Mar 2024
    Sold for $387,000
  • 19 Sep 2017
    Sold for $265,000
  • 18 Aug 2017
    Listed for Sale $260,000-$280,000
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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 7,499 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 8 properties listed for rent in Grovedale on OnTheHouse. According to CoreLogic's data, 275 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.