Here s good value
This block offers good value in developing South Geelong industrial precinct. Offering easy access to CBD, Surf coast and Bellarine Peninsula this area is bound for good capital growth as the supply of land North of the Barwon River is tight.
With 22m frontage and total size of 880m2 this block offers many options. Zoned Industrial 1 it is ideal for owner occupiers and investors alike.
The size of South Geelong is approximately 2.5 square kilometres. It has 7 parks covering nearly 16.4% of total area. The population of South Geelong in 2011 was 907 people. By 2016 the population was 986 showing a population growth of 8.7% in the area during that time. The predominant age group in South Geelong is 20-29 years. Households in South Geelong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Geelong work in a professional occupation. In 2011, 62.3% of the homes in South Geelong were owner-occupied compared with 59.2% in 2016.
South Geelong has 1,199 properties. Over the last 5 years, Houses in South Geelong have seen a 29.27% increase in median value, while Units have seen a 12.49% increase. As at 31 October 2024:
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