1/7 Banksia Place, Grovedale, VIC 3216 sold on 27 February 2025 | OnTheHouse
SOLD
Sold on 27 Feb 2025 for $492,000

1/7 Banksia Place
Grovedale VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 173m2
Sold By
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Buxton Highton
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Property Details for 1/7 Banksia Pl, Grovedale

1/7 Banksia Pl, Grovedale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 173m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Unit sold in Grovedale in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
77m2
Land Size
173m2
Local Government
Greater Geelong
Lot/Plan
1/PS345003

Last Listing description (November 2023)

If you are looking to downsize, invest, or maybe it's time for your first home, then this delightful 2 bedroom unit could be the one. Located close to shopping centre, walking trail, plus handy access to the Surf Coast Highway. Features include open plan living with gas heater, meals area with direct access onto a private garden, kitchen with gas upright oven, split airconditioner plus lock up garage with auto door. Ready to move in and enjoy.

Property History for 1/7 Banksia Pl, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$492,000
27 Feb 2025
  • 27 Feb 2025
    Sold for $492,000
  • 11 Nov 2023
    Sold for $489,000
  • 31 Oct 2023
    Listed for Sale $469,000 - $489,000
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About Grovedale 3216

The size of Grovedale is approximately 7.0 square kilometres. It has 21 parks covering nearly 14.3% of total area. The population of Grovedale in 2016 was 14308 people. By 2021 the population was 14869 showing a population growth of 3.9% in the area during that time. The predominant age group in Grovedale is 20-29 years. Households in Grovedale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Grovedale work in a professional occupation.In 2021, 68.90% of the homes in Grovedale were owner-occupied compared with 70.50% in 2016.

Grovedale has 7,551 properties. Over the last 5 years, Houses in Grovedale have seen a 32.71% increase in median value, while Units have seen a 29.49% increase. As at 30 November 2025:

  • The median value for Houses in Grovedale is $754,876 while the median value for Units is $522,291.
  • Houses have a median rent of $520 while Units have a median rent of $440.
There are currently 7 properties listed for sale, and 7 properties listed for rent in Grovedale on OnTheHouse. According to Cotality's data, 337 properties were sold in the past 12 months in Grovedale.

Suburb Insights for Grovedale 3216

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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.