51 Peter Street, Grovedale, VIC 3216 sold on 16 May 2025 | OnTheHouse
 
SOLD
Sold on 16 May 2025 for $740,000

51 Peter Street
Grovedale VIC 3216

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 537m2
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Property Details for 51 Peter St, Grovedale

51 Peter St, Grovedale is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 537m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 5 bedroom House sold in Grovedale in the last 12 months.

Building Type
House
Land Size
537m2

Last Listing description (May 2025)

Presenting a compelling investment opportunity, this modern and versatile four- or five-bedroom residence offers immediate rental returns, having been recently leased to quality tenants. Set in beautifully landscaped gardens, this dual-level property combines architectural sophistication with smart, low-maintenance living – an ideal addition to any investor's portfolio.
The property showcases an intelligently designed layout with refreshed interiors, maximizing space and natural light. At its heart, the expansive open-plan living zone provides a seamless flow from lounge to dining, while the contemporary kitchen caters to modern tastes with stainless steel appliances, marble-style stone benchtops, and a statement backsplash.

The lower level features a designer family bathroom with dual shower heads, a freestanding bath, and floor-to-ceiling tiling-delivering the premium features today's tenants desire. Flexible accommodation includes four spacious bedrooms, or three bedrooms plus a multi-use room perfect as a study or secondary living space.

Upstairs, the master suite offers a peaceful retreat with views over Geelong city, a private ensuite, and a walk-in robe-enhancing the property's appeal for long-term tenancy. Outside, a spacious undercover entertaining area, lush gardens, and a large carport with verandah access round out the home's lifestyle offering.

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

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Property History for 51 Peter St, Grovedale, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$740,000
16 May 2025
Listed for Rent
$650/w
13 May 2025
  • 16 May 2025
    Sold for $740,000
  • 07 May 2025
    Listed for Rent $650 / week
  • 24 Feb 2025
    Listed for Sale $740,000
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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 7,556 properties. Over the last 5 years, Houses in Grovedale have seen a 29.27% increase in median value, while Units have seen a 20.75% increase. As at 28 February 2026:

  • The median value for Houses in Grovedale is $779,841 while the median value for Units is $515,659.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 10 properties listed for sale, and 8 properties listed for rent in Grovedale on OnTheHouse. According to Cotality's data, 338 properties were sold in the past 12 months in Grovedale.

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Nick De Stefano
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