5/57 Shannon AvenueManifold Heights VIC 3218
Property Details for 5/57 Shannon Ave, Manifold Heights
5/57 Shannon Ave, Manifold Heights is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 965m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Last Listing description (June 2020)
*Digital walk-through and private inspections are available on request*
Residing in one of Geelong's premier suburbs, the strong expected rental return sets this property to be positively geared from the start. Situated just a short walk from the boutique Pakington Street shopping precinct is this fantastic low maintenance apartment. With its own off-street carparking, this elevated property provides a fantastic investment opportunity like no other in one of Geelong's most tightly held areas. This is the perfect property for first home buyers and investors alike whether you're looking for an entry into one of Geelong's highest growth suburbs or looking to take advantage of a great rental return.
Separate Laundry with separate linen cupboard
Two great sized bedrooms with individual balconies
Quick access to public transport, quality schools and sporting facilities
10 minutes to Geelong CBD, Waterfront and Botanical Gardens
1500m to boutique Pakington Street shopping precinct
Fantastic rental return of $250-270/week
Property History for 5/57 Shannon Ave, Manifold Heights, VIC 3218
- 18 Jun 2020Sold for $254,999
- 25 Feb 2020Listed for Sale $260,000
- 13 Feb 2017Listed for Sale Price by Negotiation $229,000 - $249,000
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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 1,446 properties. Over the last 5 years, Houses in Manifold Heights have seen a 39.85% increase in median value, while Units have seen a 35.45% increase. As at 31 July 2024:
- The median value for Houses in Manifold Heights is $936,775 while the median value for Units is $478,668.
- Houses have a median rent of $495 while Units have a median rent of $400.
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