8 Mcgeachin StreetLucas VIC 3350
Property Details for 8 Mcgeachin St, Lucas
Last Listing description (May 2024)
Located in the thriving and established Lucas Estate, this fantastic vacant allotment is ideally positioned only a moments walk from magnificent parklands, wonderful walking trails and established schools. All services are connected to this titled block and it is ready for you to build your dream home today.
Lucas continues to thrive within the heart of Ballarat's growth corridor. This block allows you to be one of the lucky ones to be within strolling distance to the brand new $1.2m Lucas Sanctuary Park and a short walking distance to the Lucas Town Centre, Lucas Central Park, future Loreto College Lucas campus and Primary Schools whilst still being only approximately 10 minutes from the Ballarat CBD. This lot has easy access back onto Cuthberts Road, allowing an easy commute in to Ballarat. This versatile allotment is an exceptional opportunity not to be missed, don't hesitate to call to start making your dream home a reality today!
Ballarat's Best-Selling Team
Property History for 8 Mcgeachin St, Lucas, VIC 3350
- 14 Mar 2024Sold for $285,000
- 16 Nov 2022Listed for Sale $295,000 - $305,000
- 06 May 2021Sold for $193,000
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About Lucas 3350
The size of Lucas is approximately 7.5 square kilometres. The population of Lucas in 2011 was 645 people. By 2016 the population was 998 showing a population growth of 54.7% in the area during that time. The predominant age group in Lucas is 20-29 years. Households in Lucas are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lucas work in a professional occupation. In 2011, 92.1% of the homes in Lucas were owner-occupied compared with 60.7% in 2016.
Lucas has 3,319 properties. Over the last 5 years, Houses in Lucas have seen a 43.52% increase in median value, while Units have seen a -5.55% decrease. As at 31 October 2024:
- The median value for Houses in Lucas is $646,511 while the median value for Units is $409,798.
- Houses have a median rent of $460.
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