43 Wurrook CircuitNorth Geelong VIC 3215
Property Details for 43 Wurrook Cct, North Geelong
43 Wurrook Cct, North Geelong is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 301m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Last Listing description (October 2019)
Situated in the North Geelong Golf Course Estate you cant go past this exceptional opportunity to invest for the future.
Situated on 301m2* this property comprises of 3 bedrooms, Master with walk-in robe and ensuite, main bathroom with bath and shower and open plan living/dining/kitchen. Walking in the front door you are greeted with a second lounge/study area and hallway that leads you down to the open plan living at the rear of the home. A large island bench is at the centre of the kitchen which includes gas hot plates, electric oven and dishwasher
The rear yard is secure and low maintenance with sliding glass doors providing access from the living area.
Additional features include a double garage with internal access, evaporative cooling and ducted heating throughout the home.
The property is currently tenanted under the NRAS scheme and well maintained by a long-term tenant paying $344 per week on a month to month lease. The tenant would be very happy to extend the lease if the purchaser wished too.
Under the NRAS scheme the landlord receives annual tax-free incentives of just over $11,000 on top of the weekly rent; this makes for a very attractive yield. It is the purchasers choice however to keep the property under the NRAS scheme or not. There is no issue purchasing the property as an owner-occupier. For more information on NRAS please get in touch to discuss further.
Only moments from local Schools, Shopping Centres, Geelong Ring Road, Child Care Centres, public transport & sporting facilities this is a must inspect. Put this on you shopping list & enquire today!
Property History for 43 Wurrook Cct, North Geelong, VIC 3215
- 25 Oct 2019Sold for $452,500
- 18 Oct 2019Listed for Sale $439,000 - $479,000
- 11 Oct 2014Listed for Rent - Price not available
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0About North Geelong 3215
The size of North Geelong is approximately 5 square kilometres. It has 12 parks covering nearly 16.5% of total area. The population of North Geelong in 2011 was 2,395 people. By 2016 the population was 2,983 showing a population growth of 24.6% in the area during that time. The predominant age group in North Geelong is 30-39 years. Households in North Geelong are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Geelong work in a professional occupation. In 2011, 63.5% of the homes in North Geelong were owner-occupied compared with 53% in 2016.
North Geelong has 2,345 properties. Over the last 5 years, Houses in North Geelong have seen a 40.00% increase in median value, while Units have seen a 32.91% increase. As at 31 October 2024:
- The median value for Houses in North Geelong is $715,779 while the median value for Units is $474,338.
- Houses have a median rent of $450 while Units have a median rent of $410.
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