OFF MARKET

3/1 Bourbon Way
Waurn Ponds VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 271m2
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Last updated 18 Nov 2024
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Property Details for 3/1 Bourbon Way, Waurn Ponds

3/1 Bourbon Way, Waurn Ponds is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 271m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1992
Floor Size
96m2
Land Size
271m2
Local Government
Greater Geelong
Lot/Plan
3/PS318571

Last Listing description (April 2021)

Whether you are searching for a starting point in the market, a downsizer or a solid investment opportunity, look no further than this neat as a pin townhouse, located in the ever-popular Waurn Ponds. Partially renovated to a high standard and comprising 2 spacious bedrooms, a large bathroom, open plan living, and a single lock-up garage, this low-maintenance property has been meticulously maintained, tastefully updated and presents great value in the current market. The spacious and open-plan living, and dining area is light-filled and offers access to the sizable and secure backyard. The kitchen overlooks features a gas cooktop, modern wall oven, good storage and a dishwasher. Accommodation features a large main bedroom with dual built-in robes and access to the fully renovated 2-way bathroom with a separate toilet. The second bedroom is equally spacious and is serviced by the central bathroom.
Features include:
- Split system A/C.

- Gas wall heater.
- Single lock-up garage.
Located within walking distance to Deakin University, just a very short drive to the Waurn Ponds shopping centre, 15 minutes to Geelong CBD and offering easy access to the Geelong Ring Road and public transport, the location of this property is ideal for students, downsizers and first homeowners.

Property History for 3/1 Bourbon Way, Waurn Ponds, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$435,000
02 Apr 2021
Listed for Rent
$340/w
19 Feb 2020
  • 02 Apr 2021
    Sold for $435,000
  • 22 Mar 2021
    Listed for Sale $399,000-$419,000
  • 10 Feb 2020
    Listed for Rent $340 / week
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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, 65 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.