58 Craddock St, North Geelong is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 629m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in March 2013.
ATTENTION INVESTORS/DEVELOPERS
CONVENIENTLY LOCATED RIGHT ON THE FRINGE OF GEELONG WEST WITH ALL OF THE AMENITIES RIGHT ON YOUR DOORSTEP MAKING THIS PROPERTY RED HOT IF YOU ARE AN INVESTOR OR DEVELOPER LOOKING TO ACQUIRE A SOLID NO FUSS INVESTMENT. THE PROPERTY IS CURRENTLY TENANTED WITH SECURE TENANTS AT $290 PW UNTIL MARCH 2013. THE HOME OFFERS A FUNKY RETRO FEEL WITH SPACIOUS LIVING LIGHT FILLED L SHAPED LOUNGE & DINING COMFORTED WITH GAS HEATING & S/S A/C FEATURING POLISHED HARDWOOD FLOORING. ORIGINAL KITCHEN WITH HEAPS OF STORAGE & GAS COOKER, ADJ TO THE OVERSIZED LAUNDRY PROVIDING ACCESS TO A LARGE 630 SQ M BLOCK PERFECT FOR FUTURE DEVELOPMENT (STCA). THE 2 BEDROOMS ARE GENEROUS IN SIZE & SERVICED BY CENTRAL BATHROOM IN ORIGINAL BUT PRISTINE CONDITION. THIS IS CERTAINLY AN OPPORTUNITY TO ADD TO A CURRENT PORTFOLIO WITH A LONG TERM STRATEGY FOR FURTHER DEVELOPMENT IN AN AREA THAT IS SHOWING STRONG CAPITAL GROWTH.
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 2,362 properties. Over the last 5 years, Houses in North Geelong have seen a 29.11% increase in median value, while Units have seen a 20.36% increase. As at 31 January 2025:
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