OFF MARKET

8 Christine Avenue
Alfredton VIC 3350

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 946m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 8 Christine Ave, Alfredton

8 Christine Ave, Alfredton is a 2 bedroom, bathroom Unit. The property has a land size of 946m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Unit
Land Size
946m2
Local Government
Ballarat
Lot/Plan
65/LP91300

Last Listing description (March 2017)

Now here is an investment opportunity for 2017!
Four brick units returning approx $37,400 per annum or $720 per week (Unit 1 - $190pw, Unit 2 - $160pw, Unit 3 - $160pw & Unit 4 - $210pw.
You can t ask for a better return than that.

Two of the units are one bedroom, while the two others are two bedrooms all with carports in toe. Perfectly positioned in a quite location between Cuthberts Road and Sturt street or Remembrance Drive, this real estate package benefits from proximity attributes such as: the Ballarat Golf Club, the handy Alfredton shopping strip, Lucas Business precinct along with the well respected and neighbourly suburb of Old Alfredton.
Internally the units include feature brick internal walls through the combined living and dining area, with U shaped kitchens adding a sense of space to the open living zone. Bedrooms are carpeted with built in robes while the bathrooms have been incorporated with the laundry facilities.
Individually designed, yet with a similar footprints, these units with carports and storage sheds can be viewed independently with a little notice given to each tenant.
As the allotment is large and provides generous space surrounding the units there is potential for further development and capital improvement.
This opportunity will knock the socks off any other investment prospect.
Call our agent for further details, rates etc and inspection times.

Property History for 8 Christine Ave, Alfredton, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$570,000
15 Mar 2017
  • 15 Mar 2017
    Sold for $570,000
  • 02 Feb 2017
    Listed for Sale $598,000
  • 16 May 2005
    Sold for $375,000

Commute Calculator

About Alfredton 3350

The size of Alfredton is approximately 7.9 square kilometres. It has 11 parks covering nearly 12.3% of total area. The population of Alfredton in 2011 was 7,194 people. By 2016 the population was 9,228 showing a population growth of 28.3% in the area during that time. The predominant age group in Alfredton is 10-19 years. Households in Alfredton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Alfredton work in a professional occupation. In 2011, 75.9% of the homes in Alfredton were owner-occupied compared with 70.6% in 2016.

Alfredton has 6,145 properties. Over the last 5 years, Houses in Alfredton have seen a 29.39% increase in median value, while Units have seen a 35.44% increase. As at 31 August 2024:

  • The median value for Houses in Alfredton is $638,964 while the median value for Units is $341,939.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 79 properties listed for sale, and 19 properties listed for rent in Alfredton on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Alfredton.

Suburb Insights for Alfredton 3350

Market Insights
Alfredton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Alfredton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.