OFF MARKET

16 Sian Circuit
Waurn Ponds VIC 3216

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 512m2
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Last updated 18 Nov 2024
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Property Details for 16 Sian Cct, Waurn Ponds

16 Sian Cct, Waurn Ponds is a 0 bedroom, 0 bathroom House. The property has a land size of 512m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Land Size
512m2
Local Government
Greater Geelong
Lot/Plan
222/PS901733

Last Listing description (December 2024)

Are you ready to create the perfect rooming house or investment property in an ideal location? Situated in the vibrant Birchmore Estate, this stunning 512m block of land in Waurn Ponds offers an exceptional opportunity for a high-yielding rooming house or shared living development. With Deakin University just minutes away, this is an unbeatable location for student housing or co-living spaces!

Why Choose Waurn Ponds?

Nestled in a sought-after community, Waurn Ponds offers a blend of convenience and connectivity. With proximity to Deakin University, Waurn Ponds Shopping Centre, and public transport options, this location is perfectly suited for rooming house investors or developers looking to capitalize on strong rental demand.

Block Highlights:
Generous Dimensions: This 16m x 32m block provides ample space for a thoughtfully designed rooming house or co-living setup with private rooms and shared amenities.
Prime Location: Just a short distance to Deakin University, Waurn Ponds train station, and key amenities like shopping centres, health services, and parks.
High Demand Area: With a growing population of students and professionals seeking quality rental options, this block is ideal for generating consistent rental income.
Community Appeal: Waurn Ponds boasts a safe, welcoming environment, making it an attractive choice for tenants of all backgrounds.
Recreational Opportunities: Nearby parks and walking trails offer a relaxed lifestyle for tenants who value nature and outdoor activities.
Endless Investment Possibilities:
Imagine creating a purpose-built rooming house with modern amenities, large communal areas, and comfortable private rooms tailored to the needs of students or young professionals. This block of land offers the space and location to turn your vision into a reality.

Act Now!
This opportunity is priced to sell and wont last long. Whether youre a seasoned investor or exploring the idea of building a rooming house for the first time, this property in Waurn Ponds is the perfect choice.

Contact Ash Sharma or Usman Asim on 0488 823 493 today to learn more and secure this incredible opportunity!

Property History for 16 Sian Cct, Waurn Ponds, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$412,000
11 Nov 2021
  • 18 Oct 2024
    Listed for Sale $395,000 - $430,000
  • 11 Nov 2021
    Sold for $412,000

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About Waurn Ponds 3216

The size of Waurn Ponds is approximately 23.2 square kilometres. It has 10 parks covering nearly 1.2% of total area. The population of Waurn Ponds in 2011 was 3,996 people. By 2016 the population was 5,036 showing a population growth of 26.0% in the area during that time. The predominant age group in Waurn Ponds is 20-29 years. Households in Waurn Ponds are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waurn Ponds work in a professional occupation. In 2011, 82.1% of the homes in Waurn Ponds were owner-occupied compared with 75.8% in 2016.

Waurn Ponds has 1,759 properties. Over the last 5 years, Houses in Waurn Ponds have seen a 31.48% increase in median value, while Units have seen a 24.95% increase. As at 31 October 2024:

  • The median value for Houses in Waurn Ponds is $803,337 while the median value for Units is $546,791.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Waurn ponds on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Waurn ponds.

Suburb Insights for Waurn Ponds 3216

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.