7/1b Victoria St, Rippleside is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 61m2. While the property is not currently for sale or for rent, it was last transferred in September 2019.
Designed for stylish low maintenance living, featuring sleek contemporary interiors and quality finishes throughout, this superbly located apartment represents an exceptional lifestyle or investment opportunity.
Situated a short stroll from the bay, local shops and cafes, Rippleside Park, Waterfront walking and bike trails to the CBD and Eastern Beach, and a stone's throw from North Geelong Station or the highway for easy access to Melbourne, enjoy an idyllic bayside lifestyle with all the advantages of the city fringe.
On entry to the apartment, the light-filled open plan layout showcases a classic neutral colour palette, modern flooring, and split system heating and cooling for year-round comfort. The stylish kitchen features quality stainless steel cooking appliances, stone benchtops, elegant glass splashback and excellent storage provisions. Glass sliders open to a north facing balcony for an effortless indoor-outdoor flow, offering a private space to enjoy the sun or entertain.
Two bedrooms include built-in robes, serviced by a tastefully presented bathroom with quality fittings and finishes, incorporating a European laundry for excellent functionality. The apartment also includes secure undercover parking with lockable storage.
An affordable opportunity to enter a sought-after bayside pocket, this property offers outstanding value for those looking for the ultimate lifestyle home, or a quality investment with potential for excellent return.
Estimated rental return: $480 per week
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 668 properties. Over the last 5 years, Houses in Rippleside have seen a 45.50% increase in median value, while Units have seen a 33.42% increase. As at 31 October 2024:
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