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Sold on 02 Aug 2024 for $255,000

398 Richards Street
Canadian VIC 3350

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 255m2
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Property Details for 398 Richards St, Canadian

398 Richards St, Canadian is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 255m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Apartment sold in Canadian in the last 12 months.

Building Type
Apartment
Land Size
255m2
Local Government
Ballarat
Lot/Plan
3/PS716859

Last Listing description (August 2024)

Suitable for the first home owner, down sizer or investor alike, this well presented 1 bedroom unit is situated on approximately 255m2 of land in the quiet area of Canadian.

The property is on it's own title with a separate driveway and a private backyard

Featuring an open plan kitchen, dining & meals area, the home is ideal for a single person or couple.

A newly installed split system is available for heating and cooling for year round comfort.

Currently tenanted until 22/08/2024 at $250 per week, the property can be offered with vacant possession

For more information, or to book your inspection, please call today

Property History for 398 Richards St, Canadian, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$255,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $255,000
  • 18 Jun 2024
    Listed for Sale $255,000 - $265,000
  • 23 May 2023
    Listed for Sale $255,000
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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 2,350 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 26 properties listed for sale, and 8 properties listed for rent in Canadian on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Canadian.

Suburb Insights for Canadian 3350

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Dean Mifsud
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Mitch Baker
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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.