21 June Avenue, Hamlyn Heights VIC 3215
21 June Avenue, Hamlyn Heights VIC 3215
3 bed 1 bath 2 car house | Established family street | Strong owner-occupier demand | 15 mins to Geelong CBD | Tree-lined character
This is a mainstream family house in a suburb where three-bedroom detached homes form the core of buyer demand. The configuration—three bedrooms, one bathroom, and two car spaces—matches what most local families are seeking, and the street itself is established, tree-lined, and family-friendly. With strong sales velocity for this property type and a short average time on market, it suits owner-occupiers wanting a solid foothold in a convenient, well-serviced suburb close to schools, parks, and Geelong’s CBD. The 65% owner-occupier rate on the street signals a stable, community-oriented environment rather than a transient investor pocket.
The main value considerations may centre on land size and condition, neither of which is confirmed from available data. If the block is comparable to neighbouring parcels—around 730 to 790 square metres—there may be future redevelopment potential, though this is speculative. The absence of confirmed renovation history or interior finish details means the final price could vary meaningfully based on presentation and upkeep. Buyers should weigh whether the property offers immediate move-in comfort or requires investment, and consider that the single bathroom may limit appeal for some families, though it is typical for the era and street context.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 June Avenue, Hamlyn Heights VIC 3215
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Hamlyn Heights is a middle to upmarket residential suburb, 10 minutes from Geelong, 50 from Melbourne and 30 from the Surfcoast. Demand is driven by professionals, drawn to Corio Bay views, the Vines Road sporting precinct and direct Midland Highway access. Median house prices range from $745,000 to $768,500, with annual growth of 5.1%–6.4% and quarterly growth of 1.3%. Units trade between $583,000 and $597,000, posting quarterly growth near 7.5% and annual gains of 4.5%–10.7%. Houses sell in 27.5–33 days on average. Gross rental yields are moderate at 3.5%–4.1%, with median weekly rents around $510. Annual house sales volumes of 137–176 indicate a stable, liquid market. Future growth is underpinned by connectivity to Geelong, Melbourne, the Surfcoast and inland Victoria, plus ongoing professional demand.
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PropCred Estimated Value
Comparable Sales: 22 June Avenue sold at $840,000; 1/18 June Avenue sold at $920,000 | Property Price Band: $720K–$820K | Value Drivers: land size, interior condition, street presentation
Bedrooms
3
Bathroom
1
Parking
2
Land
732m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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