FOR SALE
$450,000

2 Eddy Avenue
Mount Helen VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 957m2
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LARGE CORNER DEVELOPMENT BLOCK WITH PLANS AND PERMITS

Located ideally across from Federation University is this substantial corner block with plans and permits for 10 modern apartments. This location is perfect for this type of project with thriving technology park adjacent, easy access to Midland Highway and Geelong and a short drive to Ballarat CBD. The block is around 957m2 and enjoys two street frontages. The property will be sold with plans and permits for 10 architecturally designed apartments including car parking and common areas. This is a rare opportunity to take advantage of the current owners hard work and start a project without the usual hoops to jump through. Contact the exclusive listing agent Dominic Morrison on 0409 557 461 for more information today!
TH1106
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Property Details for 2 Eddy Ave, Mount Helen

Building Type
Land
Land Size
957m2

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About Mount Helen 3350

The size of Mount Helen is approximately 11.8 square kilometres. It has 8 parks covering nearly 3.3% of total area. The population of Mount Helen in 2011 was 2,718 people. By 2016 the population was 2,974 showing a population growth of 9.4% in the area during that time. The predominant age group in Mount Helen is 20-29 years. Households in Mount Helen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Helen work in a professional occupation. In 2011, 81.9% of the homes in Mount Helen were owner-occupied compared with 76.3% in 2016.

Mount Helen has 1,341 properties. Over the last 5 years, Houses in Mount Helen have seen a 38.80% increase in median value, while Units have seen a 20.97% increase. As at 30 November 2024:

  • The median value for Houses in Mount Helen is $658,391 while the median value for Units is $390,496.
  • Houses have a median rent of $460 while Units have a median rent of $340.
There are currently 12 properties listed for sale, and no properties listed for rent in Mount helen on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Mount helen.

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Dominic Morrison
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Mason Bourke
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