1 Burleigh Dr, Grovedale is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1982. The property has a land size of 779m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 4 bedroom House sold in Grovedale in the last 12 months.
Positioned on a substantial 767sqm (approx.) corner allotment in one of Geelong's most sought-after growth corridors, this unique property presents an exceptional opportunity for investors, developers and strategic buyers alike. Located within close proximity to Deakin University and key local amenities, the property combines immediate rental income with significant future potential.The existing dwelling provides solid holding income, allowing purchasers to benefit from cash flow from day one while exploring future development opportunities. The generous corner position offers excellent design flexibility and enhanced access options, making it well suited to a range of redevelopment outcomes (STCA)Surrounded by strong tenant demand and ongoing infrastructure growth, this is an opportunity to secure a property with both short-term income and long-term upside. The combination of location, land size and development potential makes it an attractive proposition for investors seeking to maximise future returns.Properties of this nature are rarely offered and are often tightly held. This off-market opportunity is available exclusively to qualified buyers seeking a strategic investment in a high-growth Geelong location.Contact Fazal on 0425 013 796 for further information and to discuss the property's full potential.
The size of Grovedale is approximately 7.0 square kilometres. There are 21 parks, covering nearly 14.3% of the 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 7,562 properties. Over the last 5 years, Houses in Grovedale have seen a 11.08% increase in median value, while Units have seen a 15.04% increase. As at 31 August 2026:
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