SOLD
Sold on 11 Jan 2024 for $488,000

8 Timber Lane
North Geelong VIC 3215

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 106m2
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Property Details for 8 Timber Lane, North Geelong

Building Type
Commercial
Land Size
106m2
Local Government
Greater Geelong
Lot/Plan
8/PS823891

Last Listing description (February 2024)

This unique boutique development is the bench mark of industrial Warehouse/Office which have been designed in a way to create a thriving community feel and a smart way of working.

The architectural design and finishes for Ocean Child have been meticulously selected creating a modern industrial statement using formed concrete and warm brickwork, and well-considered landscaping to soften the exteriors. Ocean Child Business park is located in the heart of North Geelong will be a destination set to accommodate a cross section of premium small to mid-sized businesses, whilst providing a storage and lifestyle solution to the surrounding residential catchment area.

Building Area: 105 sqm approx

Zoning: Industrial 1 Zone
Car Parking
Excellent amenities

*Geelong CBD under 10 minutes drive *Excellent Street Exposure *Melbourne CBD one hour drive *Full Glass window Frontage *Port of Geelong 500m *The Great Ocean Road 45 minute drive *Nth Geelong Train Station 1100m

Property History for 8 Timber Lane, North Geelong, VIC 3215

A timeline of how this property has performed in the market
Last Sold
$488,000
11 Jan 2024
  • 11 Jan 2024
    Sold for $488,000
  • 24 Nov 2023
    Listed for Sale Contact Agent
  • 18 Dec 2019
    Sold for $407,000

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About 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 2,336 properties. Over the last 5 years, Houses in North Geelong have seen a 40.35% increase in median value, while Units have seen a 35.48% increase. As at 30 September 2024:

  • The median value for Houses in North Geelong is $710,396 while the median value for Units is $471,061.
  • Houses have a median rent of $440 while Units have a median rent of $420.
There are currently 4 properties listed for sale, and 1 property listed for rent in North geelong on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in North geelong.

Suburb Insights for North Geelong 3215

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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.