OFF MARKET

120 Sproules Road
Wallington VIC 3222

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 202343m2
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Property Details for 120 Sproules Rd, Wallington

Building Type
Land
Land Size
202343m2
Local Government
Greater Geelong

Last Listing description (April 2018)

This peaceful treed acreage in beautiful Wallington is an idyllic spot for a rural lifestyle property. Bordered by mature gums along a quiet road, on 20 Ha, 50 acres (approx), this land is ideal for all hobby farm pursuits and a fully self-sufficient lifestyle. Above all this property provides an immense privilege of space in a convenient coastal-rural location, and has exciting potential for building your dream home (STCA).
Alternatively, investors may take note of this considerable land bank opportunity, with huge re-development potential in an area of proven capital growth (STCA). The property is listed within the Ocean Grove Structure Plan as a long term growth option.
The Ocean Grove Nature Reserve to the south east of the property enhances your sense of solitude and privacy, with the dual benefit of being within 3 kms (approx.) of the thriving Ocean Grove Township for all of your practical needs. Access to preferred local Primary Schools, sporting facilities and all the outstanding offerings across the Bellarine Peninsula are at your fingertips here.

Stunning mature gum trees, 2 dams and a waterhole and an ambient outlook across the gently sloping landscape, provide a sensational naturalistic backdrop. 5 minutes to Ocean Grove, 20 minutes to Geelong and 80 minutes approx. to Melbourne. Realise the potential.

Property History for 120 Sproules Rd, Wallington, VIC 3222

A timeline of how this property has performed in the market
  • 18 Sep 2017
    Listed for Sale EOI

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About Wallington 3222

The size of Wallington is approximately 36.9 square kilometres. It has 5 parks covering nearly 14.3% of total area. The population of Wallington in 2011 was 1,292 people. By 2016 the population was 1,355 showing a population growth of 4.9% in the area during that time. The predominant age group in Wallington is 10-19 years. Households in Wallington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallington work in a professional occupation. In 2011, 90.2% of the homes in Wallington were owner-occupied compared with 88.3% in 2016.

Wallington has 634 properties. Over the last 5 years, Houses in Wallington have seen a 57.46% increase in median value, while Units have seen a 34.40% increase. As at 30 November 2024:

  • The median value for Houses in Wallington is $1,817,364 while the median value for Units is $592,262.
There are currently 9 properties listed for sale, and no properties listed for rent in Wallington on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Wallington.

Suburb Insights for Wallington 3222

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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.