SOLD
Sold on 25 Mar 2024 for $505,000

2/5 Penfold Close
Canadian VIC 3350

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 125m2
Land area: 282m2
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Sold By
Jens Veal Byrne Ballarat
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Property Details for 2/5 Penfold Cl, Canadian

2/5 Penfold Cl, Canadian is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 282m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Canadian in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
125m2
Land Size
282m2
Local Government
Ballarat
Lot/Plan
2/PS716594

Last Listing description (May 2024)

Constructed just under 10 years ago by one of the foremost builders in Ballarat at that time, this quality 3-bedroom home with 2 bathrooms and double garage is on a low maintenance block in an ultra-convenient location.

A short drive from shops, medical facilities, primary & secondary schools ? as well as Federation University, and the home also has the distinction of being suitable to those in pursuit of quality as well as peaceful living.

The home will appeal to a diverse array of buyers, from the first home buyer through to the investors or downsizers, but either way, many purchasing requirements will be met with what is on offer here, so this must be essential viewing for anyone seeking to buy in today's market.

Please call Luke on 0438 302 805 to book your inspection.

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Property History for 2/5 Penfold Cl, Canadian, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$505,000
25 Mar 2024
Listed for Rent
$380/w
20 Jul 2022
  • 25 Mar 2024
    Sold for $505,000
  • 15 Dec 2023
    Listed for Rent $420 / week
  • 31 Jul 2023
    Listed for Sale Not Disclosed
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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 2,352 properties. Over the last 5 years, Houses in Canadian have seen a 25.58% increase in median value, while Units have seen a 28.04% increase. As at 30 November 2024:

  • The median value for Houses in Canadian is $527,328 while the median value for Units is $381,841.
  • Houses have a median rent of $420 while Units have a median rent of $390.
There are currently 27 properties listed for sale, and 7 properties listed for rent in Canadian on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Canadian.

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