271 Yarra StreetSouth Geelong VIC 3220
Property Details for 271 Yarra St, South Geelong
271 Yarra St, South Geelong is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 460m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (May 2023)
Defined:
Renovate or redesign? The choice is yours once you obtain this prestigious Yarra Street address, laced with original old school features and the security of position perfect (STCA). Holding place on the 463m2 allotment, the existing three bedroom Californian Bungalow style home boasts outstanding potential to continue on with the restoration of authentic assets; or start from scratch and take advantage of the dual access and wide street frontage. Sub-division probability is enticing (STCA).
Location is paramount and will not disappoint. This priceless locale places you a short walk to the Barwon River, South Geelong Train Station for Melbourne commuters and GMHBA Stadium. Zoned for preferred local schools and surrounded by a plethora of cafes and practical assets. A spectacular suburban opportunity.
Hardwood floors, heightened ceilings, original fretwork and features grace the existing interior, with three spacious bedrooms enjoying placement to the front of the home. The bathroom is functional and services these rooms with a shower, corner bath/spa and separate vanity. The kitchen is in need of some tender loving care and modifications to reach full capacity; sitting adjacent to the meals/living area. An additional lounge space offers flexibility to be utilized as a home office or guest room. The outdoor water closet and laundry complete this traditional floor plan.
Considered:
Land - 463m2 with a wide street frontage to Yarra Street and priceless rear lane access. Dual street frontage promotes outstanding subdivision potential for savvy investors and developers.
Kitchen Open plan kitchen with promise to re-invent. Enjoying original heightened ceilings and direct access to the undercover area.
Living/Dining Set to the rear of the home enjoying direct flow to the outdoors. Overseeing spacious existing gardens and private rear lane.
Three Bedrooms Hardwood timber floors, high ceilings, built-in robes to one, walk-in robe to another. Freshly painted.
Main Bathroom Updated to accommodate a corner bath/spa, separate shower and vanity.
Close by facilities The Barwon River, Westfield Shopping Centre, Local Sporting Facilities, Barwon Health and St. John Of God Hospitals, South Geelong Train Station and GMHBA Stadium. South Geelong Primary School, Young Minds Early Learning Centre. Little Creatures Brewery. Geelong Waterfront and CBD an easy walk.
Ideal for Developers, Investors and Creative Couples looking for their next project.
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Property History for 271 Yarra St, South Geelong, VIC 3220
- 20 Mar 2025Sold for $550,000
- 25 Feb 2023Sold for $710,000
- 25 Jan 2023Listed for Sale $670,000-$730,000
Recent sales nearby
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About South Geelong 3220
The size of South Geelong is approximately 2.5 square kilometres. There are 7 parks, covering nearly 16.4% of the total area. The population of South Geelong in 2016 was 993 people. By 2021 the population was 1014 showing a population growth of 2.1% in the area during that time. The predominant age group in South Geelong is 20-29 years. Households in South Geelong are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Geelong work in a professional occupation.In 2021, 60.00% of the homes in South Geelong were owner-occupied compared with 59.20% in 2016.
South Geelong has 1,224 properties. Over the last 5 years, Houses in South Geelong have seen a -0.34% decrease in median value, while Units have seen a 0.37% increase. As at 31 August 2026:
- The median value for Houses in South Geelong is $856,746 while the median value for Units is $547,529.
- Houses have a median rent of $580 while Units have a median rent of $460.
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