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159 Victoria Street, North Geelong VIC 3215

$700,000 -$760,000 DUAL INCOME 1 BR GRANNY

Listed: 49 days ago
Updated: 3 days ago
Overview

Situated in North Geelong’s highly convenient and sought-after locale, this well-maintained four-bedroom house sits on a substantial 817 square metre block, offering exceptional potential for homeowners, investors, and developers. The generous land size provides ample room for renovation, extension, or redevelopment subject to council approval, making this property particularly appealing for buyers looking to leverage the large allotment.

Inside the home, natural light fills the living spaces, creating a welcoming environment. The practical kitchen adjoins a meals area, supporting easy daily living and informal dining. Four sizable bedrooms provide comfortable accommodation for families or multiple occupants. The central bathroom caters efficiently to the household's needs.

A standout feature is the separate large bungalow at the rear, affording versatile usage options such as a home office, studio, games room, or additional accommodation. This flexibility enhances the property's functionality, appealing to those needing dedicated work or recreational space without sacrificing living areas.

The expansive backyard further extends the lifestyle prospects, offering an ideal setting for children’s play, entertaining guests, or future development opportunities. Proximity to North Geelong Station, local schools, shops, and public transport adds to convenience, while easy access to Geelong’s CBD, waterfront, and Ring Road supports both city and regional connectivity.

Whether the intention is to move in immediately, lease out, or unlock the development potential, this property combines immediate comfort with long-term value in a family-friendly, flourishing community. It suits buyers seeking a spacious and versatile home with excellent scope to tailor the site to their needs.

Local Market Insights

In North Geelong, Quiet Listings observed 35 new houses entering the market over the last 30 days, down from 38 during the previous 30-day period, with an average advertised asking price of $788,200. The property type mix of listed properties is predominantly Houses at 64%, followed by units (24%), and townhouses (5%). Buxton Real Estate Group was the most active agency in this area, representing 25.7% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
$700,000 -$760,000 DUAL INCOME 1 BR GRANNY
$700,000 -$760,000
Location
159 Victoria Street
North Geelong VIC 3215
Market Insights for North Geelong VIC 3215
New Listings (last 30 days)
35
Average price
$788,200
Lowest price
$499,000
Highest price
$1,790,000
Other properties in this postcode