SOLD
Sold on 16 Oct 2024 for $275,000

8/75 Heytesbury Street
Herne Hill VIC 3218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 67m2
Sold By
Stockdale & Leggo Sth Barwon/Belmont
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Property Details for 8/75 Heytesbury St, Herne Hill

8/75 Heytesbury St, Herne Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 67m2 and floor size of 52m2. 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
1970
Floor Size
52m2
Land Size
67m2
Local Government
Greater Geelong
Lot/Plan
8/PS312079

Last Listing description (November 2024)

Despite being fairly original, this cute little unit has been freshened up with a new coat of paint and floor coverings only a few years old. What that means is you can just move in or let it out as is without spending much more than the also little purchase price.

In a great suburb that is in high demand and very close to excellent infrastructure such as schools, shops, and transport, this is genuinely entry-level buying for that first home buyer on a budget or a very easy way to add or get into the investment market. On this front, it would lease at $320 per week.

Surprisingly, the lounge and dining area are quite spacious for a unit, and it also does have its own private courtyard that is both secured by fencing and is on title.

Further to this, there is an allocated carport and a storage room handy to keep the courtyard free.

Situated in a quiet complex with a good mix of owners and renters, this gem is bound to sell fast given the very realistic price.

Property History for 8/75 Heytesbury St, Herne Hill, VIC 3218

A timeline of how this property has performed in the market
Last Sold
$275,000
16 Oct 2024
Listed for Rent
$300/w
05 Jul 2023
  • 16 Oct 2024
    Sold for $275,000
  • 11 Sep 2024
    Listed for Sale $279,000
  • 20 Mar 2023
    Listed for Rent $300 / week
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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.

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.