SOLD
Sold on 12 Aug 2024 for $305,000

2/5 Cara Road
Highton VIC 3216

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 111m2
Sold By
Eastwood Andrews Geelong
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Property Details for 2/5 Cara Rd, Highton

2/5 Cara Rd, Highton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 111m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Highton in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
43m2
Land Size
111m2
Local Government
Greater Geelong
Lot/Plan
2/PS634092

Last Listing description (August 2024)

Situated in a neat complex of 4 units, this property makes the ideal purchase for investors (estimated rental income of $325/wk), downsizers or those wanting to get into the property ownership market with a low end purchase. Features:- Spacious lounge with a split system AC for heating/cooling- Kitchen/meals with ample cupboard and bench space- One large bedroom with built in robes- Combined bathroom/laundry area with shower and separate toilet.- Single carport on title. Offering a low maintenance lifestyle, all within walking distance to the Highton Shopping Centre, public transport, schools, parkland and other amenities.Please note, all information is provided by third parties. Prospective purchasers are advised to make their own enquiries with respect to the accuracy of information relating to properties. Eastwood Andrews will not be liable for any loss resulting from any action or decision by you in reliance on the information supplied.

Property History for 2/5 Cara Rd, Highton, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$305,000
12 Aug 2024
Listed for Rent
$230/w
13 Oct 2018
  • 12 Aug 2024
    Sold for $305,000
  • 16 Jul 2024
    Listed for Sale $299,500 - $329,000
  • 05 Oct 2018
    Listed for Rent $230 / week
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About Highton 3216

The size of Highton is approximately 11.6 square kilometres. It has 49 parks covering nearly 11.9% of total area. The population of Highton in 2011 was 16,656 people. By 2016 the population was 18,948 showing a population growth of 13.8% in the area during that time. The predominant age group in Highton is 40-49 years. Households in Highton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highton work in a professional occupation. In 2011, 77.7% of the homes in Highton were owner-occupied compared with 75.6% in 2016.

Highton has 9,831 properties. Over the last 5 years, Houses in Highton have seen a 32.39% increase in median value, while Units have seen a 15.24% increase. As at 30 November 2024:

  • The median value for Houses in Highton is $953,852 while the median value for Units is $477,512.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 49 properties listed for sale, and 25 properties listed for rent in Highton on OnTheHouse. According to CoreLogic's data, 369 properties were sold in the past 12 months in Highton.

Suburb Insights for Highton 3216

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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.