SOLD
Sold on 31 May 2024 for $385,000

4/9B Gravel Pits Road
South Geelong VIC 3220

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 77m2
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Property Details for 4/9b Gravel Pits Rd, South Geelong

Building Type
Commercial
Land Size
77m2
Local Government
Greater Geelong
Lot/Plan
4/PS916454

Property History for 4/9b Gravel Pits Rd, South Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$385,000
31 May 2024
  • 31 May 2024
    Sold for $385,000

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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 1,199 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.
There are currently 3 properties listed for sale, and 1 property listed for rent in South geelong on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in South geelong.

Suburb Insights for South Geelong 3220

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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.