161-167 Melbourne RoadRippleside VIC 3215
Property Details for 161-167 Melbourne Rd, Rippleside
Last Listing description (October 2024)
Gartland are pleased to offer 161-167 Melbourne Road, Rippleside to the market For Sale.
Located in the sought-after suburb of Rippleside, this prime piece of land offers a fantastic opportunity for developers or investors. With a generous land area of 683 sqm, there is plenty of potential for development.
Situated at the intersection of Melbourne Road and a quiet suburban street, this property offers easy access to all amenities including shops, schools, and public transport. Additionally, a quick 5-minute drive via Melbourne Road leads directly into the vibrant Geelong CBD, further enhancing the property's appeal and accessibility.
The surrounding Rippleside precinct is now in the midst of a rapid transition into a medium density, residential mixed use neighbourhood the property is surrounded by new projects with high end residential apartments to brand new Office blocks and a funky shopping strip with the added bonus of North Geelong Train Station directly across the other side of the road and Rippleside Park around the corner, with easy access to Geelong's Waterfront Geelong CBD.
The property has been used for the sale of the ever so popular Caravans over its existence and has been an extremely successful position for the past operators is equipped with secure fencing around the entire property with a large clean modern portable Sales/office with kitchen and good amenities
Property Features:
Expansive 24 m frontage
Versatile development site
Three street frontages
North Geelong Train station opposite
Land Area 683sqm approx.
Commercial 2 Zone
Property History for 161-167 Melbourne Rd, Rippleside, VIC 3215
- 05 Jul 2024Sold for $1,380,000
- 12 Mar 2024Listed for Sale Contact Agent
- 10 Dec 2014Listed for Rent $45,000 / year
Recent sales nearby
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0About Rippleside 3215
The size of Rippleside is approximately 0.5 square kilometres. It has 4 parks covering nearly 22.8% of total area. The population of Rippleside in 2016 was 875 people. By 2021 the population was 994 showing a population growth of 13.6% in the area during that time. The predominant age group in Rippleside is 40-49 years. Households in Rippleside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rippleside work in a professional occupation.In 2021, 72.90% of the homes in Rippleside were owner-occupied compared with 74.70% in 2016.
Rippleside has 691 properties. Over the last 5 years, Houses in Rippleside have seen a 33.48% increase in median value, while Units have seen a 19.94% increase. As at 31 January 2026:
- The median value for Houses in Rippleside is $804,452 while the median value for Units is $668,624.
- Houses have a median rent of $645 while Units have a median rent of $575.
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