54-58 Palmerston StreetDrysdale VIC 3222
Property Details for 54-58 Palmerston St, Drysdale
54-58 Palmerston St, Drysdale is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1965. The property has a land size of 2548m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Last Listing description (January 2016)
LAND ONLY - House will be removed before settlement
Be it privileged family living or incredible development potential (STCA) this 2551m2 approx. corner allotment in Drysdale with Drysdale Recreational Reserve only metres away and minutes' walk to the Drysdale CBD who could argue a better location. Entering the market as one of the larger land parcels in the area, with potential to subdivide starting from 2 to 8 lots, ranging from 300 to 1,275 sqm allotments (STCA) and proposed drawing for 6 larger allotments to be provided by the vendor, this certainly is a lucrative investment. Alternatively secure this rare space and build your dream home for your family to enjoy.
The location provides a wonderful work-life balance, 20 minutes from Geelong CBD and The Bellarine surf beaches, 5 minutes to the bay beaches and within walking distance of all families amenities in this rapidly developing suburb.
- Close to all family amenities in a rapidly developing suburb
- 20 minutes from Geelong CBD and The Bellarine surf beaches
- Top schools located in Drysdale
- Easy access to sporting facilities
- Many community resources and activities available
- Medical centre and other professionals within walking distance
Land: 2551 sq m approx
Property History for 54-58 Palmerston St, Drysdale, VIC 3222
- 11 Oct 2016Listed for Rent - Price not available
- 26 Nov 2015Sold for $640,000
- 08 Oct 2015Listed for Sale Price on Application
Recent sales nearby
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About Drysdale 3222
The size of Drysdale is approximately 40.1 square kilometres. It has 13 parks covering nearly 2.0% of total area. The population of Drysdale in 2016 was 4275 people. By 2021 the population was 4976 showing a population growth of 16.4% in the area during that time. The predominant age group in Drysdale is 60-69 years. Households in Drysdale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Drysdale work in a professional occupation.In 2021, 77.70% of the homes in Drysdale were owner-occupied compared with 81.40% in 2016.
Drysdale has 3,449 properties. Over the last 5 years, Houses in Drysdale have seen a 7.14% increase in median value, while Units have seen a 14.36% increase. As at 30 April 2026:
- The median value for Houses in Drysdale is $766,024 while the median value for Units is $505,765.
- Houses have a median rent of $530 while Units have a median rent of $440.
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