OFF MARKET

2/54 Ballarat Road
Hamlyn Heights VIC 3215

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 70m2
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Last updated 11 Nov 2024
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Property Details for 2/54 Ballarat Rd, Hamlyn Heights

2/54 Ballarat Rd, Hamlyn Heights is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 70m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in October 2012.

Building Type
Unit
Year Built
1980
Floor Size
55m2
Land Size
70m2
Local Government
Greater Geelong
Lot/Plan
2/PS617265

Last Listing description (November 2012)

OUTSTANDING OPPORTUNITY - BE QUICK!
Affordability and value for money is what springs to mind when you see such a rare opportunity like this. Immaculately presented, this trendy 1 bedroom brick unit invites light filled living/dining area, equipped kitchen, central bathroom/laundry facilities and single carport accompanied by low maintenance gardens. Great value for first home-buyers, downsizer or the astute investor, currently returning close to a 6% yield return at 180.00 per week, all in central growth locale. Boasting easy access to Pakington Street, by-pass and within walking distance of public transport. With a limited number of good properties under $170,000 becoming more obsolete, this is an inspection priority and where action is rewarded.

Property History for 2/54 Ballarat Rd, Hamlyn Heights, VIC 3215

A timeline of how this property has performed in the market
Last Sold
$169,000
08 Oct 2012
Listed for Rent
$185/w
05 Jun 2013
  • 04 Jun 2013
    Listed for Rent - Price not available
  • 08 Oct 2012
    Sold for $169,000
  • 20 Jun 2012
    Listed for Rent $180 / 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 3,399 properties. Over the last 5 years, Houses in Hamlyn Heights have seen a 31.58% increase in median value, while Units have seen a 16.03% increase. As at 31 October 2024:

  • The median value for Houses in Hamlyn Heights is $725,150 while the median value for Units is $473,871.
  • Houses have a median rent of $480 while Units have a median rent of $450.
There are currently 18 properties listed for sale, and 8 properties listed for rent in Hamlyn heights on OnTheHouse. According to CoreLogic's data, 132 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.