SOLD
Sold on 03 Jul 2024 for $520,000

7/31 Meadowvale Drive
Grovedale VIC 3216

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 103m2
Land area: 207m2
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Property Details for 7/31 Meadowvale Dr, Grovedale

7/31 Meadowvale Dr, Grovedale is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 207m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Grovedale in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
103m2
Land Size
207m2
Local Government
Greater Geelong
Lot/Plan
7/PS818786

Last Listing description (July 2024)

Have you been searching for low-maintenance living that feels just like home? Whether you're dreaming of breaking into the property market, searching for a superb downsizer, or hoping to grow your investment portfolio, this is the one for you. Convenience is the word for this townhouse just minutes from shops, schools, transport, and leisure facilities and on the doorstep of the Surf Coast. There's nothing left to do except move in and enjoy.
Natural light sweeps through the open plan living/dining/kitchen zone, which creates a generous setting for everyday enjoyment. You'll love opening the sliding door onto the private outdoor area. The kitchen features stone bench tops, breakfast bar, dishwasher, oven and cook top.
The main bedroom boasts an ensuite and walk-in robe, while the two remaining bedrooms have built-in robes and share a central bathroom with a full-size bath and shower, along with separate toilet.

Located at the back, light-filled unit in a block of 16. Other features of the property include ducted heating, split-system air conditioning in the living area and low-maintenance garden.
Waurn Ponds Shopping Centre and the Leisurelink swimming pool and gym are less than five minutes' drive away, while the Ring Road is even closer for commuters to Melbourne. Deakin University, Epworth hospital, Waurn Ponds and Marshall railway stations, primary schools, and Grovedale College secondary school are all within close proximity too. In summer, enjoy the Surf Coast lifestyle, with the sun, surf and sand of Torquay and Bells Beach around 20 minutes away.

Property History for 7/31 Meadowvale Dr, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$520,000
03 Jul 2024
Listed for Rent
$400/w
14 Dec 2019
  • 03 Jul 2024
    Sold for $520,000
  • 03 Jul 2024
    Sold for $520,000
  • 06 May 2024
    Listed for Sale $530,000 - $570,000
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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 7,481 properties. Over the last 5 years, Houses in Grovedale have seen a 34.02% increase in median value, while Units have seen a 36.14% increase. As at 31 July 2024:

  • The median value for Houses in Grovedale is $700,049 while the median value for Units is $492,110.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Grovedale on OnTheHouse. According to CoreLogic's data, 267 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.