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5 Rubiks Place, Grovedale$2.30m
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5 Rubiks Place

Grovedale, VIC 3216, Australia
$2.30m
3178 m²

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About this property

Positioned within one of Grovedale's most established and rapidly evolving pockets and with planning permit for proposed 5 lot allotments, 5 Rubiks Court presents an exceptional landholding of approximately 3,178sqm, offering outstanding scope for developers, investors and land bankers alike. Set within a quiet court location and surrounded by established residential development, this substantial parcel provides a rare opportunity to secure a large-scale site in a highly sought-after growth corridor. Whether your vision is a townhouse development, subdivision project or strategic long-term investment (STCA), the possibilities are extensive. With planning permit for proposed 5 lot allotments Large development sites of this scale within established Grovedale locations are becoming increasingly difficult to secure. This is an opportunity to unlock the potential of a substantial parcel in one of Geelong's most consistently performing residential markets. Conveniently located just moments from Waurn Ponds Shopping Centre, Deakin University, Epworth Hospital, Marshall Train Station and the Surf Coast Highway, the site enjoys excellent connectivity to Geelong CBD, the Ring Road and some of the Geelong regions most popular coastal destinations. - Expansive allotment of approximately 3,178sqm (approx.) - Quiet court location in a tightly held residential precinct - Outstanding development and subdivision potential (STCA) - Close proximity to major shopping, education and healthcare facilities - Easy access to public transport, Geelong CBD and the Surf Coast - Rare opportunity to secure a significant landholding in a high-demand growth area

Property Details

Property Type
land
Listing Type
For Sale
Land Area
3178 m²
Listed
2 days ago

Repayment calculator

$11,150/month
$5,575 /fortnight
Loan $1,840,000 at 6.10% over 30 years

Upfront costs

Deposit$460,000
Stamp duty$129,500
Conveyancing (est.)$2,000
Total upfront$591,500
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Grovedale

This land in Grovedale, VIC 3216 sits within reach of public transport, local shops and nearby schools. It is listed 231% above the $695,000 median of 73 comparable landswithin 5 km.

Schools near Grovedale

  • Grovedale Primary Schoolprimary · Prep-6 · CoEd
  • Grovedale West Primary Schoolprimary · Prep-6 · CoEd
  • Mandama Primary Schoolprimary · Prep-6 · CoEd
  • Nazareth Schoolprimary · Prep-6 · CoEd
  • Grovedale Collegesecondary · 7-12 · CoEd
  • Saints College - Geelong Campusspecial

What's nearby

  • Reserve Road/Torquay Road (bus)314 m away
  • Westcoast Floors949 m away
  • Unnamed502 m away
  • Felix Reserve553 m away
  • Elinbank Reserve724 m away

Grovedale at a glance

Full suburb profile
Population
14,869
Median age
41
Household income
$1,477/wk
Median rent
$350/wk
Median mortgage
$1,582/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Grovedale price trend

Median sold · House 3 bed

Compound growth +1.5% / yr over 4 yrs

$700kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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