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Sold on 09 Nov 2024 for $865,000

15 Montgomery Avenue
Hamlyn Heights VIC 3215

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 142m2
Land area: 918m2
Sold By
Buxton Geelong North
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Property Details for 15 Montgomery Ave, Hamlyn Heights

15 Montgomery Ave, Hamlyn Heights is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 918m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Hamlyn Heights in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
142m2
Land Size
918m2
Local Government
Greater Geelong
Lot/Plan
23/LP23930

Last Listing description (October 2024)

Presenting an outstanding prospect for investors with exceptional return potential, a strategic opportunity for home buyers with scope to offset your mortgage with rental income, or the perfect property for those searching for multi-generational living capability. Comprising two dwellings on an expansive 918m2 (approx.) allotment, this unique offering to the market offers a range of possibilities. Situated in a peaceful, family friendly pocket, within walking distance of local parks and sporting facilities, Minerva Road shops and cafes, a selection of excellent primary, secondary and private schools, less than 5 minutes from the Ring Road, and 10 minutes (approx.) from the CBD, this location holds a wide appeal in terms of convenience and lifestyle.

Dwelling one comprises four bedrooms, two with built-in robes, serviced by an updated central bathroom and separate wc. The spacious living area features polished timber floors, large windows for natural light, plus heating and cooling for year-round comfort. The floorplan flows effortlessly through to the adjoining dining area and kitchen equipped with 600mm oven and cooktop, ample bench space and excellent storage. A large laundry and generous linen storage add to the fantastic functionality of the home.

The second dwelling is nestled in a secluded garden setting, comprising two bedrooms, one with built-in robes. The well-appointed bathroom features a bath, separate shower, modern vanity and separate wc. At the heart of the home, the open plan living, dining and kitchen is bright and inviting with polished timber floors. The contemporary kitchen features modern cabinetry with 600mm oven and cooktop. Additional features include large laundry, linen storage and split system heating and cooling.

Outside, the lush gardens feature established veggie beds with an array of homegrown produce. The long driveway and garage accommodate excellent off-street parking, with a workshop and additional storage shed.

A rare opportunity with endless potential for future reward, the savvy purchaser will recognise outstanding value in this property.

Estimated Rental Return Dwelling 1: $480 per week
Estimated Rental Return Dwelling 2 ( Unit ) Currently leased at $320 per week

Property History for 15 Montgomery Ave, Hamlyn Heights, VIC 3215

A timeline of how this property has performed in the market
Last Sold
$865,000
09 Nov 2024
  • 09 Nov 2024
    Sold for $865,000
  • 05 Sep 2024
    Listed for Sale $849,000 - $899,000
  • 11 Dec 2023
    Listed for Rent $330 / week

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About Hamlyn Heights 3215

The size of Hamlyn Heights is approximately 4 square kilometres. It has 9 parks covering nearly 2.6% of total area. The population of Hamlyn Heights in 2011 was 6,074 people. By 2016 the population was 6,283 showing a population growth of 3.4% in the area during that time. The predominant age group in Hamlyn Heights is 20-29 years. Households in Hamlyn Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hamlyn Heights work in a professional occupation. In 2011, 73.9% of the homes in Hamlyn Heights were owner-occupied compared with 69.1% in 2016.

Hamlyn Heights has 3,425 properties. Over the last 5 years, Houses in Hamlyn Heights have seen a 34.12% increase in median value, while Units have seen a 14.13% increase. As at 30 November 2024:

  • The median value for Houses in Hamlyn Heights is $746,400 while the median value for Units is $466,515.
  • Houses have a median rent of $480 while Units have a median rent of $450.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Hamlyn heights on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Hamlyn heights.

Suburb Insights for Hamlyn Heights 3215

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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.