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VIC › Geelong West › Wellington St

29 Wellington St, Geelong West VIC 3218

House

$1,200,000

Last sold

10 Dec 2020

4

Bedrooms

2

Bathrooms

1

Car spaces

543 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,200,000 (10 Dec 2020).(Recorded sale)
  • FactLand 543 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Geelong West (last 5 years) with land size: median $2,443/m² of land (n=42). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,200,000

10 Dec 2020 · derived via latest_sale

Local land rate: recorded House sales in Geelong West (last 5 years) with land size have a median of $2,443/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

Geelong West at a glance

8,284

People

$880,000

Median sale

$466/wk

Median rent

2.75%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Geelong West report →

Vs Geelong West

+36.4%

Median sale

Suburb $880,000

-0.73 pp

Gross yield

Suburb 2.75%

Suburb median $880,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,200,00010 Dec 2020
  2. Listedprice unknowncompleted2 Nov 2020

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $466/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Nearby

Nearby properties

  • 26 Wellington St, Geelong West VIC 3218
  • 32B Wellington St, Geelong West VIC 3218
  • 49 Wellington St, Geelong West VIC 3218
  • 44 Shannon Ave, Geelong West VIC 3218

Area

Geelong West in one glance

Geelong West at a glance

8,284

People

$880,000

Median sale

$466/wk

Median rent

2.75%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Geelong West report →

Keep researching

  • Why Geelong West? Read the area thesis →
  • What else is on the market in Geelong West →
  • Other records on Wellington St →

Listing material

Listed by McGrath Geelong | Newtown

Victorian Classic on Pakington's Doorstep

Brilliantly renovated and impeccably presented this stunning home offers class, style and sophistication of generous proportions. From the magnificent timeless façade through to the modest interiors everything has been considered for the modern family.

The home has maintained many gorgeous period features throughout including polished floorboards, ornate cornicing, stunning fireplaces, beautiful custom bathrooms and established gardens.

The kitchen is the showpiece of the large open plan living area which is finished in classic timber cabinetry and black granite benchtops and is complemented by an adjoining light-filled dining room. French doors open onto an outdoor entertaining deck fantastic for those who love to entertain and is surrounded by lush gardens and a large backyard.

Read the full description

The master suite offers the perfect parents retreat with clean lines ornate fireplace and feature ensuite. The remaining bedrooms are serviced by a large bathroom with intricate tile work, a free-standing claw foot bath and the shower with a full frameless screen.

This highly sought after location offers the ultimate in lifestyle with Kenworthy Reserve opposite and cosmopolitan Pakington Street literally on the doorstep offering a plethora of cafes, restaurants and boutique shopping. Stroll to the magnificent Geelong waterfront, CBD and the train station which is ideally located for the Melbourne commuter.

This home captures the true essence of Geelong West living and is an opportunity for the family unit looking for a larger home in a tightly held suburb that offers so much.

- Large family home ready to move in

- Four bedrooms master with ensuite

- Open plan kitchen / living with adjoining dining room

- Alfresco entertaining and generous rear yard

- Work from home in the separate studio

- Heating and cooling

Listing description written by David Cortous, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.