2/218 Thompson Road, North Geelong, VIC 3215 | Property Value & History | OnTheHouse
OFF MARKET

2/218 Thompson Road
North Geelong VIC 3215

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 95m2
Land area: 613m2
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Property Details for 2/218 Thompson Rd, North Geelong

2/218 Thompson Rd, North Geelong is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 613m2 and floor size of 95m2.

Building Type
House
Year Built
1985
Floor Size
95m2
Land Size
613m2
Local Government
Greater Geelong

Last Listing description (September 2021)

**Call or email agent to register for inspection**
Perfectly positioned close to the city, this spacious residence is prime for revitalisation. You could choose to celebrate the home's character and rejuvenate the mid-century vibe with a host of original features already on show from the sweeping archways to the ornate ceiling roses and an adorable facade. The second dwelling is in need of TLC but offers scope to value add. For those with big development dreams, this is a property bursting with potential, where you could even create a 3rd residence from the existing buildings(stca), all in a zoning that is favourable for development. The current house is set on a flat 613sqm block located just moments from everything this region has to offer. The waterfront, the CBD and a host of schools, shops and even the local Geelong Golf Club are all only minutes away. This quality location could even represent a commercial opportunity for consulting rooms at a entry level price (stca). With so much up side and the possibilities are endless, this is a unique opportunity not to be missed.

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

Property History for 2/218 Thompson Rd, North Geelong, VIC 3215

A timeline of how this property has performed in the market
Listed for Rent
$200/w
20 Jul 2020
  • 03 May 2021
    Listed for Sale $495,000 - $530,000
  • 19 Jun 2020
    Listed for Rent $200 / week
  • 29 Dec 2019
    Listed for Rent $190 / week
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About North Geelong 3215

The size of North Geelong is approximately 5.0 square kilometres. There are 12 parks, covering nearly 16.5% of the total area. The population of North Geelong in 2016 was 2966 people. By 2021 the population was 3225 showing a population growth of 8.7% in the area during that time. The predominant age group in North Geelong is 30-39 years. Households in North Geelong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Geelong work in a professional occupation.In 2021, 56.70% of the homes in North Geelong were owner-occupied compared with 53.00% in 2016.

North Geelong has 2,466 properties. Over the last 5 years, Houses in North Geelong have seen a 18.50% increase in median value, while Units have seen a 10.42% increase. As at 30 June 2026:

  • The median value for Houses in North Geelong is $782,927 while the median value for Units is $533,309.
  • Houses have a median rent of $490 while Units have a median rent of $420.
There are currently 6 properties listed for sale, and no properties listed for rent in North geelong on OnTheHouse. According to Cotality's data, 96 properties were sold in the past 12 months in North geelong.

Suburb Insights for North Geelong 3215

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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.