SOLD
Sold on 03 Oct 2024 for $280,000

7/8 Heytesbury Street
Herne Hill VIC 3218

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 48m2
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Property Details for 7/8 Heytesbury St, Herne Hill

7/8 Heytesbury St, Herne Hill is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Herne Hill in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
48m2
Local Government
Greater Geelong
Lot/Plan
7/PS329128

Last Listing description (December 2024)

Discover your ideal first home or investment opportunity in this must-see property. This top floor unit boasts an updated kitchen with ample storage, generous bench space and a stainless-steel oven and stove. The east-facing, private balcony off the living/dining area captures the morning sun and provides the perfect space for your morning coffee.

A standout feature rare for one-bedroom units is the single lock-up garage. Updated flooring, built-in cabinetry to the living area providing extra storage, a large entrance hall and an oversized laundry make this affordable unit comfortable and functional.

Additional property highlights include gas heating, a security door (at the front entrance) and a well-maintained communal BBQ area. Nestled in a tranquil complex surrounded by established gardens and fruit trees, this tidy unit offers convenience at your doorstep.

Within walking distance, you'll find public transport, a local milk bar and a post office, while a short drive brings you to the vibrant lifestyle and amenities of Pakington Street and Shannon Avenue. With nothing left to do and a projected rental return of $330 per week, this represents a fantastic opportunity in a highly sought-after location.

- Ideal first home or investment
- Updated kitchen with stainless steel appliances
- Private balcony
- Single lock-up garage
- Gas heating
- Security door
- Communal BBQ area
- Within walking distance to transport and amenities

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Property History for 7/8 Heytesbury St, Herne Hill, VIC 3218

A timeline of how this property has performed in the market
Last Sold
$280,000
03 Oct 2024
Listed for Rent
$270/w
06 Oct 2022
  • 03 Oct 2024
    Sold for $280,000
  • 25 Jul 2024
    Listed for Sale $280,000 - $305,000
  • 02 Sep 2022
    Listed for Rent - Price not available
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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 2,146 properties. Over the last 5 years, Houses in Herne Hill have seen a 33.08% increase in median value, while Units have seen a 18.59% increase. As at 30 November 2024:

  • The median value for Houses in Herne Hill is $809,679 while the median value for Units is $399,650.
  • Houses have a median rent of $463 while Units have a median rent of $350.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Herne hill on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Herne hill.

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