28 Wood StreetSouth Geelong VIC 3220
Property Details for 28 Wood St, South Geelong
Last Listing description (June 2024)
Set over a large site of approx. 1841 sqm of land comprising seven separate sheds and ample car spaces, is this rare find in central Geelong. The opportunity for the astute investor or owner occupier to invest, further develop or custom build a premises of choice for their own business needs is here.
Currently returning $98,000 +GST.
This central location is within minutes to the CBD and is in the epicenter of one of the fastest growing regions in the country.
Don't have your business caught out in the suburbs when you could be in this central location.
- 1841sqm (approx.) of prime land
- High profile location
- Seven separate sheds and ample car spaces
- Opportunity for the owner occupier looking for a central location to conduct business
- Large capital growth location
- Perfect for the astute investor
Property History for 28 Wood St, South Geelong, VIC 3220
- 03 Nov 2023Sold for $1,800,000
- 09 Oct 2023Listed for Sale Contact Agent
- 15 Sep 2018Sold for $1,045,000
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0About 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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