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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

2//18 Bakewell Street, Herne Hill VIC 3218

$279,000 - $306,900

Listed: 22 days ago
Updated: 15 days ago
Overview

Located in the sought-after suburb of Herne Hill, this well-maintained one-bedroom unit offers an accessible and low-maintenance living option ideal for first-time buyers or investors seeking a stable, affordable asset close to Geelong’s amenities.

The residence boasts a practical and light-filled open-plan layout accentuated by polished timber floorboards and neutral tones, creating a warm and inviting atmosphere. The kitchen, featuring a freestanding electric oven and cooktop, supports straightforward meal preparation, while the bedroom benefits from built-in robes, enhancing storage efficiency.

The combined bathroom and laundry maximize utility without compromising space, complemented by convenient storage solutions. Year-round comfort is ensured through split-system heating and cooling, alongside a gas hot water service, adding to the property's overall practicality.

Outdoor living is equally appealing with a private front courtyard and a cozy porch, offering a tranquil space for relaxation or practical use like clothes drying. The fully fenced exterior ensures privacy and security.

This location offers excellent connectivity, with close proximity to public transport, local schools, and recreational options such as walking and cycling tracks and sports facilities. Nearby Minerva Road shops and cafés enrich the everyday lifestyle, while the Geelong CBD is around an eight-minute drive. Commuters will appreciate the easy access to the Ring Road for trips towards Melbourne.

For investors, the property presents a fully compliant, rent-ready opportunity, estimating a weekly rental income in the $320 to $340 range. The vacant possession status enhances flexibility for buyers.

This unit is a practical choice for those entering the market or expanding an investment portfolio, offering convenience, comfort, and a strategic location without excessive upkeep.

Local Market Insights

In Herne Hill, Quiet Listings observed 2 new units entering the market over the last 30 days, unchanged from 2 in the prior period, with an average advertised asking price of $389,000. The property type mix of listed properties is predominantly Houses at 86%, followed by units (7%), and townhouses (3%). The most active agency for units in the Herne Hill area is currently Hayeswinckle, representing 50% of new listings, followed by Buxton Real Estate Group with 50%. 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.

Location
Market Insights for Herne Hill VIC 3218
New Listings (last 30 days)
2
Average price
$389,000
Lowest price
$279,000
Highest price
$499,000
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