SOLD
Sold on 31 Oct 2024 for $1,200,000

129 Shannon Avenue
Manifold Heights VIC 3218

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 111m2
Land area: 697m2
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Property Details for 129 Shannon Ave, Manifold Heights

Building Type
Commercial
Floor Size
111m2
Land Size
697m2
Local Government
Greater Geelong
Lot/Plan
114/LP5875

Last Listing description (December 2012)

You Can Bank On It
* Solid freehold with 3 strong tenancies
* Excellent investment with potential

* 10% deposit
* Balance 60 days
* Zoned Business 1

Property History for 129 Shannon Ave, Manifold Heights, VIC 3218

A timeline of how this property has performed in the market
Last Sold
$1,200,000
31 Oct 2024
  • 31 Oct 2024
    Sold for $1,200,000
  • 22 May 2024
    Transferred
  • 02 Nov 2012
    Listed for Sale Not Disclosed
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About Manifold Heights 3218

The size of Manifold Heights is approximately 0.9 square kilometres. It has 5 parks covering nearly 2.8% of total area. The population of Manifold Heights in 2011 was 2,606 people. By 2016 the population was 2,647 showing a population growth of 1.6% in the area during that time. The predominant age group in Manifold Heights is 30-39 years. Households in Manifold Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Manifold Heights work in a professional occupation. In 2011, 66.3% of the homes in Manifold Heights were owner-occupied compared with 64.9% in 2016.

Manifold Heights has 1,453 properties. Over the last 5 years, Houses in Manifold Heights have seen a 36.83% increase in median value, while Units have seen a 22.36% increase. As at 30 November 2024:

  • The median value for Houses in Manifold Heights is $940,576 while the median value for Units is $460,933.
  • Houses have a median rent of $515 while Units have a median rent of $390.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Manifold heights on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Manifold heights.

Suburb Insights for Manifold Heights 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.