This generous allotment of just under 3 acres (approx.) is adjacent to an existing residential zone, schools, retail, and an aged care facility.
It is currently zoned as a rural living area and is ideally positioned as a land banking opportunity with the possibility of developing your dream home and shedding (STCA), with the added bonus of the block being close to services.
The property is fully fenced and located approximately 500m from the Midvale Shopping Complex, as well as a short drive from Ballarat Central and Sebastopol.
***Every precaution has been taken to establish the accuracy of the above information. However, prospective purchasers are advised to carry out their own due diligence***
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 1,842 properties. Over the last 5 years, Houses in Mount Clear have seen a 27.41% increase in median value, while Units have seen a 38.37% increase. As at 31 August 2024:
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