RateMyAgentGo to search
Log inJoin
Back 132 Thompson Road
Off Market

132 Thompson Road

North Geelong VIC 3215

2
1
2
647 m²
House
Last sold for $563,000
Candice CostosoCandice Costoso, last sold this property on 26 February 2025 after 28 days on market.

Overview

Development Opportunity (STCA) Walking Distance to Train Station

This property is the perfect opportunity for developers and investors. It offers a generous block size of approximately 647 sqm and a perfect long-term tenant. With a driveway clearance of approximately four meters, the site is well-suited for rear access and future development (STCA). The home features two bedrooms, one with built-in robes and a central bathroom with a new shower. The updated kitchen includes a four-burner electric cooktop, oven, dishwasher and a large island with storage and seating, making it both functional and stylish. The living area is equipped with a new split system for heating and cooling, ensuring year-round comfort. Additional features include a two-car garage with a workshop and European Laundry. This property also offers excellent rental potential, currently rented at $420p/w, making it an attractive investment option. With all the work done, this property is ideal to set and forget or make your first home with endless potential. Conveniently located, the property is within walking distance of Separation Street shops and just a short drive from Bell Park Plaza, Shannon Avenue shops and Pakington Street. It provides easy access to major transport links, including the Ring Road and Princes Highway. The Geelong CBD is only 5km away, with the waterfront at 4km and the North Geelong Train Station just 1.3km away. This property offers an outstanding opportunity because it combines development potential, rental income and a convenient location. - Generous block size of approx. 647sqm, ideal for development (STCA) - Driveway clearance of approx. 4m, allowing for rear access - Two bedrooms, one with built-in robes and a central bathroom with a new shower - Updated kitchen with a four-burner electric cooktop, oven, dishwasher and large island with storage and seating - Living area with a new split system for heating and cooling - Two-car garage with a workshop for added convenience - Excellent rental potential, currently rented at $420 per week - Walking distance to Separation St shops and close to Bell Park Plaza, Shannon Ave and Pakington St - Easy access to the Ring Road, Princes Highway and public transport, with North Geelong Train Station just 1.3km away - Prime location 5km from Geelong CBD, 4km from the waterfront and offering endless potential for developers or first-home buyers

Features

2 bedrooms
1 bathroom
2 carspaces
2 open car spaces
647 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in North Geelong over the last 12 months, the estimated median property value of 132 Thompson Road is $620k.

Median value
$620k
Estimated value range
$507.5k - $640k
Median days on market
29
Estimated value trend
24%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North Geelong. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 132 Thompson Road

2025
Rented
Undisclosed
Leased on 07 Sep 2025 by Harcourts North Geelong
2025
Sold
$563,000
26 Feb 2025 by Candice Costoso, of McGrath Geelong | Newtown Estate Agents
2022
Rented
Undisclosed
Leased on 14 Nov 2022 by Compton Green Geelong

Happy sellers in North Geelong

~%

We have insufficient information to provide an overview of customer satisfaction for North Geelong. Viewing the agent profiles, reviews and sales for North Geelong can provide insights for this location.

Local market activity for 2 bedroom houses in North Geelong

In the last 12 months, 4 two-bedroom houses similar to 132 Thompson Road, have been sold.

This represents a 34% increase in two-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in North Geelong

placeholder
Roger Pedretti

Roger Pedretti is a recommended agent for North Geelong.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (75 reviews)
  •  1 Review in North Geelong
  •  1 Sale in North Geelong
View profile
placeholder
Matt Plunkett

Matt Plunkett is a recommended agent for North Geelong.  They have 9 local sales across the last 12 months.

  •   4.9   (350 reviews)
  •  9 Sales in North Geelong
View profile
placeholder
Jasmin Jurkovic

Sellers who recommend Jasmin Jurkovic have praised them for being clear communication, local expert, friendly, responsive, honest, reliable and supportive

  •   4.9   (286 reviews)
  •  5 Sales in North Geelong
View profile
placeholder
Mark Mitchell

Mark Mitchell is a recommended agent for North Geelong.  They have 4 local sales across the last 12 months.

  •   4.9   (57 reviews)
  •  4 Sales in North Geelong
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Company
AboutCurrent JobsBrand GuidelinesFAQ
Help & Learning
Tools and TipsHelp CentreBlog
Product
Compare AgentsTracked PropertiesFinanceSalesRentalsPlans & PricingLoginJoin
Community
Awards
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap