SOLD
Sold on 19 Feb 2024 for $4,500,000

5/549 Otway Street S
Canadian VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3227m2
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Property Details for 5/549 Otway St S, Canadian

Building Type
Commercial
Land Size
3227m2
Local Government
Ballarat
Lot/Plan
5/PS715347

Property History for 5/549 Otway St S, Canadian, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$4,500,000
19 Feb 2024
  • 19 Feb 2024
    Sold for $4,500,000

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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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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.