OFF MARKET

271 Yarra Street
South Geelong VIC 3220

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 460m2
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Property Details for 271 Yarra St, South Geelong

271 Yarra St, South Geelong is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 460m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Floor Size
130m2
Land Size
460m2
Local Government
Greater Geelong
Lot/Plan
1/TP18542

Last Listing description (May 2023)

Defined:

Renovate or redesign? The choice is yours once you obtain this prestigious Yarra Street address, laced with original old school features and the security of position perfect (STCA). Holding place on the 463m2 allotment, the existing three bedroom Californian Bungalow style home boasts outstanding potential to continue on with the restoration of authentic assets; or start from scratch and take advantage of the dual access and wide street frontage. Sub-division probability is enticing (STCA).

Location is paramount and will not disappoint. This priceless locale places you a short walk to the Barwon River, South Geelong Train Station for Melbourne commuters and GMHBA Stadium. Zoned for preferred local schools and surrounded by a plethora of cafes and practical assets. A spectacular suburban opportunity.

Hardwood floors, heightened ceilings, original fretwork and features grace the existing interior, with three spacious bedrooms enjoying placement to the front of the home. The bathroom is functional and services these rooms with a shower, corner bath/spa and separate vanity. The kitchen is in need of some tender loving care and modifications to reach full capacity; sitting adjacent to the meals/living area. An additional lounge space offers flexibility to be utilized as a home office or guest room. The outdoor water closet and laundry complete this traditional floor plan.

Considered:

Land - 463m2 with a wide street frontage to Yarra Street and priceless rear lane access. Dual street frontage promotes outstanding subdivision potential for savvy investors and developers.

Kitchen Open plan kitchen with promise to re-invent. Enjoying original heightened ceilings and direct access to the undercover area.

Living/Dining Set to the rear of the home enjoying direct flow to the outdoors. Overseeing spacious existing gardens and private rear lane.

Three Bedrooms Hardwood timber floors, high ceilings, built-in robes to one, walk-in robe to another. Freshly painted.

Main Bathroom Updated to accommodate a corner bath/spa, separate shower and vanity.

Close by facilities The Barwon River, Westfield Shopping Centre, Local Sporting Facilities, Barwon Health and St. John Of God Hospitals, South Geelong Train Station and GMHBA Stadium. South Geelong Primary School, Young Minds Early Learning Centre. Little Creatures Brewery. Geelong Waterfront and CBD an easy walk.

Ideal for Developers, Investors and Creative Couples looking for their next project.

*All information offered by Oslo Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Oslo Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Oslo Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.*

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Property History for 271 Yarra St, South Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$710,000
25 Feb 2023
  • 25 Feb 2023
    Sold for $710,000
  • 25 Jan 2023
    Listed for Sale $670,000-$730,000

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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 1,205 properties. Over the last 5 years, Houses in South Geelong have seen a 26.57% increase in median value, while Units have seen a 13.44% increase. As at 30 November 2024:

  • The median value for Houses in South Geelong is $799,519 while the median value for Units is $512,477.
  • Houses have a median rent of $523 while Units have a median rent of $465.
There are currently 3 properties listed for sale, and 1 property listed for rent in South geelong on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in South geelong.

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