225 Yarra StreetSouth Geelong VIC 3220
Property Details for 225 Yarra St, South Geelong
225 Yarra St, South Geelong is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 262m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
Last Listing description (April 2020)
This low-maintenance property is the perfect first home, down-sizer or investment in one of the most exclusive pockets of South Geelong.
Situated only minutes from the CBD, South Geelong train station, river walks, hospitals and Geelong Waterfront this home offers outstanding value for money in its fantastic location.
Comprising three generous bedrooms, updated bathroom, spacious light-filled updated kitchen, dining & living area that opens up through double doors to the fantastic undercover deck area with cafe blinds for year round entertaining. The paved rear yard is private and low maintenance and doubles as an off street parking option.
All the hard work has been done on this hard to find, low maintenance, red brick home in
central Geelong. Spend your weekends enjoying all this area has to offer rather than slaving away in the garden!
If you know the South Geelong market, you will see this property as an outstanding place to live and enjoy or a great investment property. This is a fantastic opportunity to enter the ever popular CBD market.
Currently let until February 2021 at $410pw
Terms: 10% Deposit, 30,60 or 90 day Settlement. For alternative arrangements, please discuss with agent.
Property History for 225 Yarra St, South Geelong, VIC 3220
- 23 Apr 2020Sold for $610,000
- 02 Mar 2020Listed for Sale $590,000 - $630,000
- 14 Jan 2020Listed for Rent $415 / week
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About South Geelong 3220
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:
- The median value for Houses in South Geelong is $807,127 while the median value for Units is $511,231.
- Houses have a median rent of $520 while Units have a median rent of $450.
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