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5/3 Peter Street, Grovedale VIC 3216

$490,000 - $539,000

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$490k - $515k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 2 Beds 1 Bath 1 Car 166 m²

Listed: 43 days ago

Updated: 37 days ago

Overview

This well-maintained two-bedroom unit at 5/3 Peter Street in Grovedale offers a compact and convenient living solution ideal for first home buyers, investors, and downsizers. Featuring fresh paintwork and brand new carpets throughout, the interior provides a welcoming and move-in ready atmosphere that reduces the need for immediate renovations.

The property is designed for practical easy-care living with a central bathroom and comfortable living spaces that balance privacy and connectivity. A remote-access single garage adds the benefit of secure off-street parking, a valuable asset in urban settings.

The location enhances the overall lifestyle appeal, with local shops within close proximity making everyday essentials easily accessible. Additionally, Waurn Ponds Shopping Centre is nearby for a wider variety of retail and dining options, while public transport links facilitate convenient commuting across Geelong.

The unit's low maintenance requirements combined with its strategic positioning within an established community provide an excellent opportunity for those seeking affordability without compromising on convenience. This property is particularly suited for buyers looking for a manageable residence or investment with strong rental appeal in a popular suburb.

Local Market Insights

In Grovedale, Quiet Listings observed 19 new units entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $571,789. The property type mix of listed properties is predominantly Houses at 71%, followed by units (19%), and townhouses (7%). The most active agency for units in the Grovedale area is currently Buxton Real Estate Group, representing 26% of new listings, followed by Ray White with 21%. 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.