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Back 16/5 Peter St
Off Market

16/5 Peter St

Grovedale VIC 3216

2
1
1
156 m²
Apartment
Last sold for $465,000
Rob NelisRob Nelis, last sold this property on 06 March 2026 after 95 days on market.

Overview

Exceptional Value for Lifestyle or Investment

Designed for effortless living, and conveniently positioned for lifestyle, this low maintenance home delivers style and comfort in a secluded setting. Perfect for first home buyers, downsizers or investors, it offers exceptional value, and an outstanding opportunity to break into the popular Grovedale market. Just steps away from local shops and eateries, minutes from Waurn Ponds shopping and entertainment precinct, Marshall Station, the Surfcoast Highway for a quick trip to the coast, and 15 minutes (approx.) from the CBD, this is an outstanding location for lifestyle and investment. Positioned at the rear of the complex, the home enjoys a private setting. Inside, warm neutral interiors create an inviting atmosphere within. Two bedrooms include built-in robes, serviced by a bright main bathroom with bath, separate shower, and modern vanity. A separate wc and laundry add further functionality to your everyday living. The rear of the home transitions to a light-filled open plan kitchen, dining and living area, where glass sliders create effortless indoor outdoor flow and frame a picturesque outlook. The well-appointed kitchen features stone benchtops, stainless steel appliances including a 600mm oven, gas cooktop, dishwasher, stylish tiled splashback, and generous storage provisions. Ducted heating throughout, plus split system heating and cooling in the living area and main bedroom, ensure comfortable living all year round. Outside, the rear yard offers a great space for relaxing or entertaining in the sun, with established gardens creating a tranquil environment. The single remote garage includes direct internal entry for secure and convenient access to the home. Whether you're seeking a convenient lifestyle or a rewarding investment, this property offers the ideal blend of quality, comfort, and exceptional value. Current rental return: $435 per week. Tenanted until May 2026

Features

2 bedrooms
1 bathroom
1 carspace
156 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Grovedale over the last 12 months, the estimated median property value of 16/5 Peter St is $467.5k.

Median value
$467.5k
Estimated value range
$465k - $480k
Median days on market
37
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Grovedale. 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 16/5 Peter St

2026
Sold
$465,000
Private Sale/Treaty on 06 Mar 2026 by Rob Nelis, of Buxton (Geelong East) Pty Ltd
2019
Rented
Undisclosed
Leased on 09 Apr 2019 by Buxton (Geelong East) Pty Ltd
2018
Rented
Undisclosed
Leased on 01 May 2018 by Buxton (Geelong East) Pty Ltd

Happy sellers in Grovedale

88%
88% of sellers in Grovedale reported that their sale price either exceeded or met their price expectations.

Grovedale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 59 reviews in Grovedale over the last 12 months.

Local market activity for 2 bedroom apartments in Grovedale

In the last 12 months, 5 two-bedroom apartments similar to 16/5 Peter St, have been sold.

This represents a 34% increase in two-bedroom apartments 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 Grovedale

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Rachael Taylor

Sellers who recommend Rachael Taylor have praised them for being clear communication, local expert, honest, friendly, supportive, responsive and hard-working

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Matthew Hunt

Matthew Hunt is an award winning recommended agent for Grovedale.  They have 8 local sales and collected 7 local reviews across the last 12 months.

  •   5   (536 reviews)
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Michelle Winckle

Sellers who recommend Michelle Winckle have praised them for being clear communication, local expert, supportive, honest, hard-working, dedicated and reliable

  •   4.9   (384 reviews)
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Yan Lin

Sellers who recommend Yan Lin have praised them for being clear communication, local expert, responsive, friendly, dedicated, supportive and honest

  •   4.9   (503 reviews)
  •  8 Reviews in Grovedale
  •  7 Sales in Grovedale
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