9 Lomond Tce, East Geelong is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 718m2 and floor size of 100m2.
Outstanding investment opportunity presents itself in a central & convenient location oozing development potential with plans and permits already issued to construct two modern townhouses. The existing dwelling consists of three spacious bedrooms, central bathroom and an updated well equipped kitchen with gas cooking, ample bench and cupboard space. Comfortable light filled lounge with gas heating adjoins dining room which exits to the spacious rear yard and garaging. The home is neat & tidy throughout and will provide the savvy purchaser an immediate income in the vicinity of $290 per week. Located only minutes to Geelong's CBD, Waterfront & Botanical Gardens, multiple Shopping Centre's, School's and Childcare facilities to choose from while being extremely handy to public transport. A motivated vendor, keen to meet the market and READY to consider all offers on this exciting development or investment opportunity. Allotment dimensions (approximately) 18m x 40m, measuring 720m2 in total. Flat, ripe & ready to go!!!
The size of East Geelong is approximately 3.4 square kilometres. There are 5 parks, covering nearly 33.4% of the total area. The population of East Geelong in 2016 was 3862 people. By 2021 the population was 4012 showing a population growth of 3.9% in the area during that time. The predominant age group in East Geelong is 50-59 years. Households in East Geelong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Geelong work in a professional occupation.In 2021, 67.30% of the homes in East Geelong were owner-occupied compared with 67.90% in 2016.
East Geelong has 2,117 properties. Over the last 5 years, Houses in East Geelong have seen a -1.75% decrease in median value, while Units have seen a -5.75% decrease. As at 31 August 2026:
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