FOR SALE
$305,000-$325,000

1/5 Olive Grove
Mount Clear VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 341m2
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2 Bedroom unit in a tranquil Mt Clear locale!

Welcome to 1/5 Olive Grove, Mount Clear, a charming two-bedroom, one-bathroom unit nestled on a generous 341m² allotment. This property offers the perfect blend of space, comfort, and convenience amidst a serene, tree-lined locale.
Both bedrooms are fitted with built-in robes, with the master featuring ensuite access to the shared bathroom, which also includes a separate shower, bathtub. The spacious living zone boasts a large lounge room with a fitted gas wall heater and flows seamlessly into the dining area and a well-appointed kitchen equipped with a pantry, gas cooktop, electric oven, dishwasher, and ample storage.
Outside, enjoy the benefits of a single-car garage with an integrated 2.3m side storage shed, alongside a spacious yard surrounded by picturesque bushland. This tranquil setting offers the ideal balance of natural beauty and suburban living.
Situated approximately 5km from Ballarat's CBD, the property is also close to several amenities. Within a short distance, you'll find the Midvale Shopping Centre, featuring IGA and a variety of specialty stores. Nearby schools include Mount Clear College, Mount Clear Primary School, and Damascus College.. Recreational facilities and local parks, such as the nearby Canadian State Forest, and the Canadian Creek walking trail provide abundant opportunities for outdoor activities.
This property is perfect for first-home buyers, downsizers, or investors seeking a peaceful retreat with all the conveniences of modern living. Don't miss this opportunity to secure a home in the sought-after suburb of Mount Clear!
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Property Details for 1/5 Olive Gr, Mount Clear

1/5 Olive Gr, Mount Clear is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 341m2. The place is currently for sale with Doepel Lilley & Taylor.

Building Type
Unit
Land Size
341m2

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About Mount Clear 3350

The size of Mount Clear is approximately 9.9 square kilometres. It has 8 parks covering nearly 1.7% of total area. The population of Mount Clear in 2011 was 2,905 people. By 2016 the population was 3,365 showing a population growth of 15.8% in the area during that time. The predominant age group in Mount Clear is 20-29 years. Households in Mount Clear are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Clear work in a professional occupation. In 2011, 64.9% of the homes in Mount Clear were owner-occupied compared with 62% in 2016.

Mount Clear has 1,854 properties. Over the last 5 years, Houses in Mount Clear have seen a 25.46% increase in median value, while Units have seen a 29.75% increase. As at 30 November 2024:

  • The median value for Houses in Mount Clear is $522,559 while the median value for Units is $366,301.
  • Houses have a median rent of $420 while Units have a median rent of $360.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Mount clear on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Mount clear.

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Matthew Tunbridge
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