SOLD
Sold on 05 Jul 2024 for $1,380,000

161-167 Melbourne Road
Rippleside VIC 3215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 56m2
Land area: 683m2
Improve this data
Sold By
Gartland
Share
Save

Property Details for 161-167 Melbourne Rd, Rippleside

Building Type
Land
Floor Size
56m2
Land Size
683m2
Local Government
Greater Geelong
Lot/Plan
1/TP8398

Last Listing description (October 2024)

Gartland are pleased to offer 161-167 Melbourne Road, Rippleside to the market For Sale.
Located in the sought-after suburb of Rippleside, this prime piece of land offers a fantastic opportunity for developers or investors. With a generous land area of 683 sqm, there is plenty of potential for development.

Situated at the intersection of Melbourne Road and a quiet suburban street, this property offers easy access to all amenities including shops, schools, and public transport. Additionally, a quick 5-minute drive via Melbourne Road leads directly into the vibrant Geelong CBD, further enhancing the property's appeal and accessibility.

The surrounding Rippleside precinct is now in the midst of a rapid transition into a medium density, residential mixed use neighbourhood the property is surrounded by new projects with high end residential apartments to brand new Office blocks and a funky shopping strip with the added bonus of North Geelong Train Station directly across the other side of the road and Rippleside Park around the corner, with easy access to Geelong's Waterfront Geelong CBD.

The property has been used for the sale of the ever so popular Caravans over its existence and has been an extremely successful position for the past operators is equipped with secure fencing around the entire property with a large clean modern portable Sales/office with kitchen and good amenities

Property Features:

Expansive 24 m frontage
Versatile development site
Three street frontages
North Geelong Train station opposite
Land Area 683sqm approx.
Commercial 2 Zone

Show More

Property History for 161-167 Melbourne Rd, Rippleside, VIC 3215

A timeline of how this property has performed in the market
Last Sold
$1,380,000
05 Jul 2024
Listed for Rent
21 Aug 2021
  • 05 Jul 2024
    Sold for $1,380,000
  • 12 Mar 2024
    Listed for Sale Contact Agent
  • 10 Dec 2014
    Listed for Rent $45,000 / year
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Rippleside 3215

The size of Rippleside is approximately 0.5 square kilometres. It has 4 parks covering nearly 22.8% of total area. The population of Rippleside in 2011 was 2,395 people. By 2016 the population was 887 showing a population decline of 63.0% in the area during that time. The predominant age group in Rippleside is 60-69 years. Households in Rippleside are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rippleside work in a professional occupation. In 2011, 63.5% of the homes in Rippleside were owner-occupied compared with 74.7% in 2016.

Rippleside has 682 properties. Over the last 5 years, Houses in Rippleside have seen a 43.41% increase in median value, while Units have seen a 31.58% increase. As at 30 November 2024:

  • The median value for Houses in Rippleside is $764,973 while the median value for Units is $619,898.
  • Houses have a median rent of $660 while Units have a median rent of $520.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Rippleside on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Rippleside.

Rippleside Profile Page

Suburb Insights for Rippleside 3215

Visit Rippleside profile page
Market Insights
Rippleside Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Rippleside Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Rippleside profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED