SOLD
RECENT ADVICE
Sold on 20 Jul 2024 for $1,300,000

42-50 Melaluka Road
Leopold VIC 3224

Bedrooms: 5
Bathrooms: 2
Car spaces: 8
Land area: 2.05ha
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Property Details for 42-50 Melaluka Rd, Leopold

42-50 Melaluka Rd, Leopold is a 5 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 2.05ha. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 5 bedroom House sold in Leopold in the last 12 months.

Building Type
House
Land Size
2.05ha
Local Government
Greater Geelong
Lot/Plan
1/PS635086

Last Listing description (July 2024)

Nestled on approximately five acres of well-appointed land, this property boasts all the qualities to appeal to the discerning buyer seeking a lifestyle alternative, offering an enticing option.

The substantial home provides a highly livable environment and allows for enhancements or updates at your convenience, while the land brims with untapped potential, awaiting your vision and exploration.

Located within 15 minutes from Geelong's CBD and a short drive to the Bellarine Peninsula. Close enough to all the conveniences of the Leopold Gateway Plaza and a quick drive to Leopold Primary School, Community Hub, Library, Kindergarten, and medical facilities this home is perfect for the growing family.

This document has been prepared to assist solely in marketing this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their inquiries to verify the information.

Due diligence checklist - for home and residential property buyers:
https://www.consumer.vic.gov.au/housing/

Property History for 42-50 Melaluka Rd, Leopold, VIC 3224

A timeline of how this property has performed in the market
Last Sold
$1,300,000
20 Jul 2024
Listed for Rent
$700/w
24 Apr 2021
  • 20 Jul 2024
    Sold for $1,300,000
  • 13 Feb 2024
    Listed for Sale $1,300,000
  • 24 Mar 2021
    Listed for Rent $700 / week
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About Leopold 3224

The size of Leopold is approximately 26.9 square kilometres. It has 32 parks covering nearly 3.5% of total area. The population of Leopold in 2011 was 10,111 people. By 2016 the population was 12,810 showing a population growth of 26.7% in the area during that time. The predominant age group in Leopold is 0-9 years. Households in Leopold are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Leopold work in a trades occupation. In 2011, 83.1% of the homes in Leopold were owner-occupied compared with 79% in 2016.

Leopold has 6,512 properties. Over the last 5 years, Houses in Leopold have seen a 29.52% increase in median value, while Units have seen a 23.50% increase. As at 31 October 2024:

  • The median value for Houses in Leopold is $690,784 while the median value for Units is $461,909.
  • Houses have a median rent of $495 while Units have a median rent of $440.
There are currently 45 properties listed for sale, and 3 properties listed for rent in Leopold on OnTheHouse. According to CoreLogic's data, 273 properties were sold in the past 12 months in Leopold.

Suburb Insights for Leopold 3224

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Kalley Singh
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Vijeth Shetty
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ONE GROUP REALTY
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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.