SOLD
Sold on 14 Jun 2024 for $540,000

7/209 Melbourne Road
Rippleside VIC 3215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Sold By
Buxton Newtown
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Property Details for 7/209 Melbourne Rd, Rippleside

7/209 Melbourne Rd, Rippleside is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Rippleside in the last 12 months.

Building Type
Unit
Year Built
1920
Floor Size
75m2
Local Government
Greater Geelong
Lot/Plan
7/PS524821

Last Listing description (July 2024)

Set in the original North Geelong School built-in 1889, this modern apartment represents an exceptional lifestyle or investment opportunity, offering convenient bayside living in sought-after Rippleside. Positioned with a street frontage to Bay Street, a short stroll from local shops and cafes, surrounded by St Helens and Rippleside parks, waterfront walking trails, 5 minutes (approx.) from the CBD, within walking distance of North Geelong Station and moments from the highway for easy access to and from Melbourne, this location offers outstanding accessibility to all amenities, whilst enjoying all the attractions of the bay.

The beautiful red brick heritage building is set amongst well maintained grounds and established trees. Entry into the apartment showcases modern interiors, featuring polished timber floors, clean lines, downlights, with large original windows and a soaring high void allowing natural light to flow within. The open plan layout features a timber mantel, with modern panel heating plus split system heating and cooling for year-round contemporary comforts. The well-equipped kitchen features quality appliances including 600mm oven, induction cooktop, dishwasher, generous storage provisions and ample bench space. The living area connects with a low-maintenance courtyard, offering a great space to enjoy the sun and take in the vibrant bayside atmosphere.

Upstairs, two bedrooms include built-in robes, serviced by a bright central bathroom finished in classic white with bath, separate shower, modern vanity and quality fittings. A second living area on this level offers a quiet space to retreat, or a great area to work from home. A ground floor laundry and additional wc add to the fantastic functionality of the apartment, and off-street parking further contributes to the convenient facilities of this property.

Perfect for first home buyers, downsizers, investors, or those looking to secure bayside living at an affordable level, this property offers exceptional value and an outstanding opportunity to enter the coveted Rippleside market.

Property History for 7/209 Melbourne Rd, Rippleside, VIC 3215

A timeline of how this property has performed in the market
Last Sold
$540,000
14 Jun 2024
Listed for Rent
$310/w
06 Aug 2022
  • 14 Jun 2024
    Sold for $540,000
  • 05 Jun 2024
    Listed for Sale $500,000 - $550,000
  • 25 Jul 2022
    Listed for Rent $310 / week
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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 6 properties listed for rent in Rippleside on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Rippleside.

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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.