OFF MARKET

115 Waurn Ponds Drive
Waurn Ponds VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 122m2
Land area: 37999m2
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Last updated 11 Nov 2024
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Property Details for 115 Waurn Ponds Dr, Waurn Ponds

115 Waurn Ponds Dr, Waurn Ponds is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 37999m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1950
Floor Size
122m2
Land Size
37999m2
Local Government
Greater Geelong
Lot/Plan
2/PS446574

Last Listing description (January 2024)

AUCTION
Saturday 28th October, 2023 @ 11:00am
Terms: 10% Deposit | 60 Day Settlement

If you wish to request alternate bidding/settlement terms, please contact the selling agents directly.
_____________________________

Located in a rural living zone, this outstanding parcel of land on 3.8ha (9.4 acres approx.) offers a sought-after investment opportunity to renovate the existing brick veneer home, build a completely new home or subdivide the land into 2 or 3 individual lifestyle blocks (STCA).

The home consists of a wide entry leading to two large bedrooms, open plan lounge and dining space with fireplace and split system heating and cooling, kitchen with ample storage, pine floorboards, electric stove and hot plates, updated central bathroom and a laundry with a second shower and separate toilet.

Connected to town water, the property is divided into three main paddocks with original open storage sheds, hay shed and garden shed.

Superbly positioned close to Waurn Ponds shopping precinct, Deakin University, Epworth Hospital, local primary and secondary schools, public transport, and just a 2 minute drive to Geelong Ring Road for an easy commute to the Surf Coast beaches or Melbourne CBD, this is a rare opportunity to buy a large parcel of land so close to Geelong.

Make the lifestyle choice that many people dream of, without compromising the convenience of living close to all that Geelong and the surrounding Waurn Ponds home stores and shopping centres have to offer.

Property History for 115 Waurn Ponds Dr, Waurn Ponds, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$2,040,000
28 Oct 2023
  • 28 Oct 2023
    Sold for $2,040,000
  • 28 Sep 2023
    Listed for Sale UNDER CONTRACT
  • 07 Nov 2019
    Transferred

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About Waurn Ponds 3216

The size of Waurn Ponds is approximately 23.2 square kilometres. It has 10 parks covering nearly 1.2% of total area. The population of Waurn Ponds in 2011 was 3,996 people. By 2016 the population was 5,036 showing a population growth of 26.0% in the area during that time. The predominant age group in Waurn Ponds is 20-29 years. Households in Waurn Ponds are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waurn Ponds work in a professional occupation. In 2011, 82.1% of the homes in Waurn Ponds were owner-occupied compared with 75.8% in 2016.

Waurn Ponds has 1,766 properties. Over the last 5 years, Houses in Waurn Ponds have seen a 31.48% increase in median value, while Units have seen a 24.95% increase. As at 31 October 2024:

  • The median value for Houses in Waurn Ponds is $803,337 while the median value for Units is $546,791.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Waurn ponds on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Waurn ponds.

Suburb Insights for Waurn Ponds 3216

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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.