OFF MARKET

218/1500 Midland Highway
Creswick VIC 3363

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 14451m2
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Property Details for 218/1500 Midland Hwy, Creswick

218/1500 Midland Hwy, Creswick is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 14451m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
2005
Land Size
14451m2
Local Government
Hepburn
Lot/Plan
98/PS518387

Last Listing description (April 2024)

Located in the popular RACV Goldfields resort with all of the facilities at your disposal including golf course, tennis court, a 4.5km mountain bike track, gym, a pool with spa and a fabulous children's playground.
This studio apartment contains an open design with a kitchenette and contemporary full bathroom with a large shower and spa bath. Step outside the apartment onto the balcony and discover the beautiful forest views over the fairway and surrounding grounds. On the ground floor, you will enjoy a drink at the Springs Bar and Terrace or a gourmet meal at Harvest Restaurant. The resort is located only minutes away from the Creswick town center and a short drive to the Ballarat CBD.
This apartment has been used as an Airbnb with great return, or is a fantastic opportunity to move in and enjoy, use as a holiday home or rental.

Property History for 218/1500 Midland Hwy, Creswick, VIC 3363

A timeline of how this property has performed in the market
Last Sold
$240,000
20 Nov 2020
  • 08 Mar 2023
    Listed for Sale $240,000 - $260,000
  • 20 Nov 2020
    Sold for $240,000
  • 29 Apr 2004
    Sold for $337,700

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About Creswick 3363

The size of Creswick is approximately 49.6 square kilometres. It has 10 parks covering nearly 17.2% of total area. The population of Creswick in 2011 was 2,941 people. By 2016 the population was 3,171 showing a population growth of 7.8% in the area during that time. The predominant age group in Creswick is 60-69 years. Households in Creswick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Creswick work in a trades occupation. In 2011, 74.2% of the homes in Creswick were owner-occupied compared with 72.8% in 2016.

Creswick has 2,282 properties. Over the last 5 years, Houses in Creswick have seen a 44.52% increase in median value, while Units have seen a 6.90% increase. As at 31 August 2024:

  • The median value for Houses in Creswick is $507,348 while the median value for Units is $307,421.
  • Houses have a median rent of $400 while Units have a median rent of $250.
There are currently 59 properties listed for sale, and 5 properties listed for rent in Creswick on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Creswick.

Suburb Insights for Creswick 3363

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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.