FOR SALE
$1,950,000 - $2,050,000

255 Joseph Street
Canadian VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 6
Land area: 905m2
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PRIME DEVELOPMENT OPPORTUNITY IN CANADIAN

Nestled in the scenic suburb of Canadian, this expansive parcel of Residential 1 zoned land presents a rare opportunity for developers (STCA). Securing such substantial prospects in sought-after Ballarat neighbourhoods is becoming increasingly challenging. Positioned in one of Canadian's premier locations, this highly coveted land parcel is ideal for subdivision (STCA), with a Joseph Street frontage. Only a 7-minute drive from Ballarat's CBD and in close proximity to excellent primary schools and convenient public transport, the location is optimal. Already zoned as General Residential Zone 1 (GRZ1), these opportunities are rare in the fast-paced Ballarat market. Given the high demand for residential subdivision options across Ballarat, it's crucial to act promptly.
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Property Details for 255 Joseph St, Canadian

255 Joseph St, Canadian is a 2 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 905m2. The place is currently for sale with Real Estate Group.

Building Type
House
Land Size
905m2

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About Canadian 3350

The size of Canadian is approximately 7.8 square kilometres. It has 13 parks covering nearly 7.8% of total area. The population of Canadian in 2011 was 3,202 people. By 2016 the population was 3,593 showing a population growth of 12.2% in the area during that time. The predominant age group in Canadian is 20-29 years. Households in Canadian are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Canadian work in a professional occupation. In 2011, 66.4% of the homes in Canadian were owner-occupied compared with 65.4% in 2016.

Canadian has 2,342 properties. Over the last 5 years, Houses in Canadian have seen a 32.13% increase in median value, while Units have seen a 30.60% increase. As at 31 July 2024:

  • The median value for Houses in Canadian is $538,318 while the median value for Units is $378,486.
  • Houses have a median rent of $410 while Units have a median rent of $380.
There are currently 33 properties listed for sale, and 7 properties listed for rent in Canadian on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Canadian.

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Oscar Currell
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Real Estate Group
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