OFF MARKET

1/11 Spencer Street
Canadian VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 193m2
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Property Details for 1/11 Spencer St, Canadian

1/11 Spencer St, Canadian is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2017. The property has a land size of 193m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Townhouse
Year Built
2017
Floor Size
91m2
Land Size
193m2
Local Government
Ballarat
Lot/Plan
1/PS729832

Last Listing description (May 2016)

An investment opportunity for astute investors and SMSFs that should not be missed! Purchase now and benefit from:
- Only 5% deposit and nothing else until completion
- Estimated rental return $270 per week 6% yield!

- Maximum depreciation benefits
- Full turnkey package - no more to spend
- Significant stamp duty savings
Construction has commenced and expected to be completed March 2016.
This well-designed townhouse includes all the modern-day luxuries you expect: built-in-robes and plush carpets in bedrooms, fully equipped kitchen with stainless steel appliances, separate bathroom and toilet, gas ducted heating throughout home, ample storage space, direct home access from garage and a fully landscaped private open space at the rear.
Located only 2kms from Ballarat's town centre and with 2 bus routes within walking distance, you are close to all amenities. Enjoy the natural surrounds of nearby parklands and the tranquillity of Lake Esmond. Primary schools, colleges and universities are also only minutes away.
Contact Luke for more information about this fantastic investment opportunity!

Property History for 1/11 Spencer St, Canadian, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$234,950
27 Apr 2016
  • 27 Apr 2016
    Sold for $234,950
  • 28 Feb 2015
    Listed for Sale $239,950
  • 14 Oct 2014
    Listed for Sale $239,950

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About Canadian 3350

The size of Canadian is approximately 7.8 square kilometres. It has 13 parks covering nearly 7.8% of total area. The population of Canadian in 2011 was 3,202 people. By 2016 the population was 3,593 showing a population growth of 12.2% in the area during that time. The predominant age group in Canadian is 20-29 years. Households in Canadian are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Canadian work in a professional occupation. In 2011, 66.4% of the homes in Canadian were owner-occupied compared with 65.4% in 2016.

Canadian has 2,343 properties. Over the last 5 years, Houses in Canadian have seen a 32.10% increase in median value, while Units have seen a 33.85% increase. As at 31 August 2024:

  • The median value for Houses in Canadian is $533,036 while the median value for Units is $376,466.
  • Houses have a median rent of $415 while Units have a median rent of $380.
There are currently 34 properties listed for sale, and 8 properties listed for rent in Canadian on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Canadian.

Suburb Insights for Canadian 3350

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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.