36 Frances CrescentBallarat East VIC 3350
Property Details for 36 Frances Cres, Ballarat East
36 Frances Cres, Ballarat East is a 3 bedroom, 1 bathroom House. The property has a land size of 738m2.This Property is currently listed for sale with Real Estate Group
Last Listing description (November 2024)
A fantastic investment opportunity awaits with this well-maintained 3-bedroom home, perfectly positioned on a substantial 738m² block in the sought-after area of Ballarat East. Ideal for the astute investor, this property offers immediate returns, currently rented at $390 per week, the home is generating a steady income while offering significant future development potential.
The spacious block size and its positioning provide an enticing opportunity for potential subdivision (Subject to Council Approval), giving savvy buyers the option to unlock even more value. Whether you're looking to develop or landbank, the size and flexibility of this allotment make it a versatile investment for long-term capital growth.
The house itself is a solid residence, featuring three generously sized bedrooms, a functional kitchen, and a comfortable living space, all appealing features for tenants. The current tenant has made it their home, ensuring consistent rental income for the new owner until March 2025, making this an effortless transition for investors.
Located in the ever-growing and family-friendly Ballarat East, this property offers convenience and lifestyle appeal. With easy access to local amenities, schools, parks, and public transport, it's no wonder the area continues to experience strong demand from both renters and homebuyers alike.
Mark your calendar for the auction on 26th October 2024 at 11:30am, and don't miss this opportunity to secure a property that delivers on both rental returns and future potential. Whether you're an experienced investor or just starting your property portfolio, 36 Frances Crescent is a smart choice with excellent growth prospects.
Contact us today for further details or to arrange a private inspection before auction day!
(Photo ID is required at all open for inspections)
At YPA Ballarat "Our Service Will Move You"
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/agent and agency.
Property History for 36 Frances Cres, Ballarat East, VIC 3350
- 07 Nov 2024Sold for $367,000
- 30 Jul 2024Listed for Sale $455,000 - $495,000
- 25 Jan 2024Listed for Rent $390 / week
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
/assets/perm/eeqytp2gbei65icl56bmkvqo6u?signature=fa30a4acdd8908a5162f6a8e2af6ff881b281b81501810faa69f12ec411757f1){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Ballarat East 3350
The size of Ballarat East is approximately 6 square kilometres. It has 15 parks covering nearly 21% of total area. The population of Ballarat East in 2011 was 5,308 people. By 2016 the population was 5,612 showing a population growth of 5.7% in the area during that time. The predominant age group in Ballarat East is 20-29 years. Households in Ballarat East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat East work in a professional occupation. In 2011, 60% of the homes in Ballarat East were owner-occupied compared with 56.7% in 2016.
Ballarat East has 3,650 properties. Over the last 5 years, Houses in Ballarat East have seen a 26.97% increase in median value, while Units have seen a 18.22% increase. As at 30 November 2024:
- The median value for Houses in Ballarat East is $471,151 while the median value for Units is $377,134.
- Houses have a median rent of $400 while Units have a median rent of $370.
Suburb Insights for Ballarat East 3350
Market Insights
Ballarat East Trends for Houses
N/A
N/A
View TrendN/A
N/A
Ballarat East Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
