SOLD
Sold on 22 Mar 2024 for $660,000

2 Pinnacle Close
Highton VIC 3216

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 870m2
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Property Details for 2 Pinnacle Cl, Highton

Building Type
Land
Land Size
870m2
Local Government
Greater Geelong
Lot/Plan
32/LP216379

Last Listing description (May 2024)

Perched atop a hill, this expansive block of land offers a unique opportunity to acquire a coveted allotment in the tightly held and prestigious locale overlooking the scenic Barwon River. Positioned high above the Barwon River, with walking and cycling tracks below, the view is nothing short of breathtaking. The block is strategically situated on the river's bend, providing a captivating vista of Newtown beyond.

Just minutes away from the Highton Shopping Centre and various medical and sporting facilities, this parcel of land holds great value. The absence of passing traffic contributes to a relaxed and peaceful atmosphere, creating an ideal environment to sit back and savour the surroundings. Spanning 870 square meters, the block boasts generous proportions, featuring a lengthy northern boundary conducive to contemporary, light-filled architecture. Additionally, it offers a substantial frontage, allowing for the creation of indoor-outdoor living zones that fully capitalize on the stunning views.

This blank canvas of land invites you to build your dream home (subject to council approval). With an array of private and public schools within easy reach, and quick access to the ring road leading to Melbourne and the Surf Coast, this area in Geelong is truly exceptional for a wonderful living experience.

Property History for 2 Pinnacle Cl, Highton, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$660,000
22 Mar 2024
  • 22 Mar 2024
    Sold for $660,000
  • 16 Jan 2024
    Listed for Sale Not Disclosed
  • 14 Mar 2007
    Sold for $262,000
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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 9,795 properties. Over the last 5 years, Houses in Highton have seen a 40.08% increase in median value, while Units have seen a 31.97% increase. As at 31 July 2024:

  • The median value for Houses in Highton is $956,082 while the median value for Units is $516,744.
  • Houses have a median rent of $560 while Units have a median rent of $415.
There are currently 34 properties listed for sale, and 13 properties listed for rent in Highton on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Highton.

Suburb Insights for Highton 3216

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Barry Plant - Highton
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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.