7 / 31 Normanby Street, EAST GEELONG VIC 3219

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7//31 Normanby Street, East Geelong VIC 3219

$315,000 - $345,000

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$315k - $331k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 1 Bed 1 Bath 1 Car 72 m² 72 m²

Listed: 11 days ago

Updated: 3 days ago

Overview

This well-proportioned unit, nestled in a block of seven built in the 1970s, offers a compelling opportunity as an investment, first home, or downsizer's residence. Positioned directly opposite the East Geelong Shopping Hub and just moments from local cafes and the central business district, it brings convenience and accessibility to the forefront.

The home's open plan living, dining, and kitchen area benefits from abundant natural light courtesy of its northerly aspect. The kitchen offers generous bench space, ideal for culinary activities, making it a functional heart of the home. Though ripe for a contemporary makeover, the existing presentation provides a solid base for customization or immediate occupancy.

The property features a comfortable bedroom equipped with built-in robes, a spacious bathroom combined with laundry facilities, and secure off-street parking, fulfilling practical needs. Additional amenities include broadband connectivity, gas heating, a shed for storage, and a fully fenced courtyard, enhancing lifestyle convenience.

Situated close to Geelong Hospital and key transport links, the unit appeals particularly to medical professionals, first-home buyers, or investors seeking a low-maintenance property with potential for Airbnb rental returns. Its prime location near Garden Street shopping precinct and public transport further enriches its appeal.

Open living area with kitchen and ample bench space
One bedroom with built-ins
Large bathroom with combined laundry
Secure parking and low maintenance grounds
Close to transport, hospital, and local amenities

Local Market Insights

In East Geelong, Quiet Listings observed 9 new units entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $440,000. The property type mix of listed properties is predominantly Houses at 72%, followed by units (20%), and townhouses (7%). The most active agency for units in the East Geelong area is currently Geelong Real Estate Co., representing 44% of new listings, followed by Hayeswinckle with 33%. 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.