OFF MARKET

415 Grubb Road
Wallington VIC 3222

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 20234m2
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Last updated 16 Dec 2024
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Property Details for 415 Grubb Rd, Wallington

415 Grubb Rd, Wallington is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 20234m2.

Building Type
House
Land Size
20234m2
Local Government
Greater Geelong

Last Listing description (May 2015)

Let your imagination run wild and your excitement skyrocket because your chance to get a foot into the Wallington property market has just been made possible. It is so rare to find an established 5 acre (approx.) property in this prestigious suburb for such an affordable price that there is absolutely no doubt it will be snapped up in no time. Use your vision to see how you could capitalise on the potential of this one as its position and aspect are both superb.
Unusually, for this pocket of Wallington, the wide frontage and fully usable, mostly cleared land allows many options for all manner of lifestyle and business type uses. Its situation right next door to Van Loons Nursery and only a couple of hundred metres to Wallington Rural and Mitre 10 opens the door to all manner of supplementary commercial options but being so close to Ocean Grove, it's ocean beaches and all that the Bellarine Peninsula has to offer in the way of gourmet produce, perhaps you can see B&B accommodation or olives in your future.
The 50s era cottage is in good shape with 2 bedrooms, 2 living areas and a retro style kitchen with kitsch American style diner breakfast nook. Storage is abundant throughout and the bathroom, in its original condition has a classic 50s suite with pedestal basin that would make an amazing art deco masterpiece. In fact, with very little work, the entire home could be polished up to highlight all of the original features, including the double hung windows, to be a showcase for all that was 'super' about the era!

- Mostly cleared 5 acre approx. allotment
- Wide frontage
- Garaging
- 5 minutes to Ocean Grove
- 15 minutes to Geelong
Terms: 10% deposit, balance 30/60/90 days
Land: 5 Acres approx.

Property History for 415 Grubb Rd, Wallington, VIC 3222

A timeline of how this property has performed in the market
  • 05 May 2015
    Listed for Sale $550,000 - $595,000
  • 16 Apr 2013
    Listed for Sale $550,000 - $595,000

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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.