12 Thomas Street, Geelong West, VIC 3218 | Property Value & History | OnTheHouse
OFF MARKET

12 Thomas Street
Geelong West VIC 3218

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Land area: 638m2
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Property Details for 12 Thomas St, Geelong West

12 Thomas St, Geelong West is a 6 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 638m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Land Size
638m2
Local Government
Greater Geelong
Lot/Plan
2/LP17680

Last Listing description (April 2021)

A unique opportunity to purchase a block of 4 apartments, (two 2 bedroom and two 1 bedroom) on one title on an allotment of 639 sq/m. Right in the heart of one of Geelong's most sought-after areas, only a short stroll to Pakington street with is vibrant night life, fabulous cafes, restaurants and shops. Bus services are close by and it's only a short walk to Geelong Train station.
These apartments are fully let returning $56,160 pa, 3 have recently been repainted, updated with new kitchens, bathrooms etc. 3 new split system air conditioners have also recently been installed. One apartment is fairly original offering scope for an upgrade and improved yield. Many period features are intact and room sizes are generous.
There may be scope for the astute investor to build one or two apartments in the rear garden or subdivide (STCA).

This opportunity is hard to replicate, rental demand for this property has been strong, savvy investors will appreciate the outstanding capital growth potential offered by this location along with solid rental income.

For more information on this property text '12 Thomas' to 0428 444 841

GO TO www.whitfordproperty.com.au TO VIEW MORE PROPERTIES EXCLUSIVE TO OUR WEBSITE ONLY

All information offered by Whitford is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Whitford merely do no more than pass the information on. Use of such material is at your sole risk. Whitford does not have any belief one way or the other as to whether the information is accurate and prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Whitford will not be liable for any loss resulting from any action or decision by you in reliance on the information from Whitford.

Property History for 12 Thomas St, Geelong West, VIC 3218

A timeline of how this property has performed in the market
Last Sold
$1,453,000
24 May 2021
  • 24 May 2021
    Sold for $1,453,000
  • 25 Mar 2021
    Listed for Sale Auction
  • 19 Sep 2014
    Sold for $718,000
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About Geelong West 3218

The size of Geelong West is approximately 2.3 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Geelong West in 2016 was 6966 people. By 2021 the population was 7345 showing a population growth of 5.4% in the area during that time. The predominant age group in Geelong West is 30-39 years. Households in Geelong West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geelong West work in a professional occupation.In 2021, 57.50% of the homes in Geelong West were owner-occupied compared with 57.40% in 2016.

Geelong West has 4,788 properties. Over the last 5 years, Houses in Geelong West have seen a 19.41% increase in median value, while Units have seen a 24.92% increase. As at 31 December 2025:

  • The median value for Houses in Geelong West is $856,826 while the median value for Units is $532,918.
  • Houses have a median rent of $530 while Units have a median rent of $440.
There are currently 8 properties listed for sale, and 6 properties listed for rent in Geelong west on OnTheHouse. According to Cotality's data, 219 properties were sold in the past 12 months in Geelong west.

Suburb Insights for Geelong West 3218

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.