47 Margaret St, Rippleside is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 434m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
This quaint home presents an extremely rare opportunity in one of Geelongs most tightly held suburbs only minutes from our iconic waterfront, Rippleside Park, Pakington Street and North Geelong train station. Further underpinning your prospective purchase is a large parcel of land for the area of approximately 435sqm with a desirable North-facing backyard.
Offering three bedrooms, two with robes, generous open plan kitchen living dining with plenty of natural light. The central bathroom is neat and tidy through to the large laundry and second toilet.
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 41.96% increase in median value, while Units have seen a 29.54% increase. As at 31 August 2024:
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