SOLD
Sold on 31 Jul 2024 for $640,000

45 Derby Road
Herne Hill VIC 3218

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 710m2
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Property Details for 45 Derby Rd, Herne Hill

45 Derby Rd, Herne Hill is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 710m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Herne Hill in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
97m2
Land Size
710m2
Local Government
Greater Geelong
Lot/Plan
87/LP13088

Last Listing description (August 2024)

Set on a generous 710m2 (approx.) allotment in a fantastic lifestyle pocket, awaits an exceptional real estate opportunity with a multitude of options for the astute purchaser. Update, renovate, build your dream home, subdivide, develop (STCA) or simply invest in a location that continues to grow in popularity for its outstanding local amenities, family friendly atmosphere and central accessibility. Situated walking distance of local shopping and cafes, parks, reserves, excellent schooling, and only minutes from the Ring Road and CBD, this property is positioned for easy living in idyllic surrounds.

On entry, north-facing living includes gas heating plus split system heating and cooling for year round comfort. The adjoining kitchen and meals area is centrally positioned, equipped with a 600mm oven and cooktop and a servery window to the living. Comprising three generous bedrooms, the master features built-in robes, with a family bathroom and separate wc servicing the home.

Outdoors, a long driveway and garage provide for ample off-street parking, and the large backyard represents an expansive blank canvas with endless possibility!

Walk to local parks, reserves and sporting facilities, Minerva Road and Shannon Avenue shops and cafes, Herne Hill, Holy Spirit and Manifold Heights Primary Schools, Clonard College, St Josephs Westcourt, and Western Heights Secondary College, only 6 minutes (approx.) from North Geelong Station or the Ring Road for a convenient commute to Melbourne, this is a fantastic location in terms of lifestyle and convenience.

Representing outstanding value in the sought after 3218 postcode, this property offers excellent potential for future rewards.

Property History for 45 Derby Rd, Herne Hill, VIC 3218

A timeline of how this property has performed in the market
Last Sold
$640,000
31 Jul 2024
Listed for Rent
$310/w
27 Mar 2021
  • 31 Jul 2024
    Sold for $640,000
  • 25 Jun 2024
    Listed for Sale $629,000 - $659,000
  • 31 Jan 2024
    Listed for Sale $689,000 -$739,000
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About Herne Hill 3218

The size of Herne Hill is approximately 1.5 square kilometres. It has 5 parks covering nearly 13.2% of total area. The population of Herne Hill in 2011 was 3,322 people. By 2016 the population was 3,390 showing a population growth of 2.0% in the area during that time. The predominant age group in Herne Hill is 20-29 years. Households in Herne Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Herne Hill work in a professional occupation. In 2011, 64.3% of the homes in Herne Hill were owner-occupied compared with 59.1% in 2016.

Herne Hill has 2,123 properties. Over the last 5 years, Houses in Herne Hill have seen a 32.81% increase in median value, while Units have seen a 28.03% increase. As at 31 August 2024:

  • The median value for Houses in Herne Hill is $794,671 while the median value for Units is $425,068.
  • Houses have a median rent of $465 while Units have a median rent of $330.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Herne hill on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Herne hill.

Suburb Insights for Herne Hill 3218

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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.