SOLD
RECENT ADVICE
Sold on 02 Jul 2024 for $200,000

3/914 Geelong Road
Canadian VIC 3350

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 109m2
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Property Details for 3/914 Geelong Rd, Canadian

3/914 Geelong Rd, Canadian is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 109m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Canadian in the last 12 months.

Building Type
Unit
Land Size
109m2

Last Listing description (July 2024)

This well presented one bedroom unit, located in popular Canadian presents a fantastic investment property or to occupy and enjoy. Boasting an excellent potential rental yield of $250 per week. The property offers an open plan kitchen, meals and living zone with an electric heating unit to keep you cosy on these cold winter evenings. Furthermore, the home offers a spacious bedroom, along with a functional main bathroom with a separate shower. Finishing off this property is a nice sized private courtyard and single carport.

This unit is a great investment, Air BnB, first home or downsizer given where it is situated, close proximity to Federation University, Sovereign Hill, Mercure Convention Centre, public transport, parks and an easy drive into Ballarat CBD. If you are looking to add or start off your investment portfolio this one is perfect for you.

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information.

Property History for 3/914 Geelong Rd, Canadian, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$200,000
02 Jul 2024
Listed for Rent
$195/w
21 Nov 2019
  • 29 Aug 2024
    Listed for Rent $260 / week
  • 27 Jun 2024
    Sold for $200,000
  • 04 Jul 2023
    Listed for Sale $215,000 - $230,000
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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 2,351 properties. Over the last 5 years, Houses in Canadian have seen a 28.15% increase in median value, while Units have seen a 22.66% increase. As at 31 October 2024:

  • The median value for Houses in Canadian is $532,553 while the median value for Units is $366,501.
  • Houses have a median rent of $418 while Units have a median rent of $380.
There are currently 27 properties listed for sale, and 7 properties listed for rent in Canadian on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Canadian.

Suburb Insights for Canadian 3350

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Giovanni Piazza
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Cameron Webb
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Ray White Ballarat
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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.