6/25 Wallace St, Meredith is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 117m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
This one bedroom unit in Meredith provides a great investment opportunity, or the perfect place to live due to the easy accessibility to Geelong and Ballarat. Recently painted and new floor coverings, the open plan living room/kitchen is spacious, and leads through to the laundry/storage area, and bedroom with built in robes. The bathroom has a separate toilet, and beyond is the private courtyard with garden shed. The unit has loads of storage space throughout. Rental potential of approx. $140 per week.
The size of Meredith is approximately 209.4 square kilometres. It has 4 parks covering nearly 4.5% of total area. The population of Meredith in 2011 was 738 people. By 2016 the population was 804 showing a population growth of 8.9% in the area during that time. The predominant age group in Meredith is 50-59 years. Households in Meredith are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Meredith work in a managers occupation. In 2011, 83.3% of the homes in Meredith were owner-occupied compared with 81.4% in 2016.
Meredith has 495 properties. Over the last 5 years, Houses in Meredith have seen a 61.07% increase in median value, while Units have seen a -37.73% decrease. As at 30 September 2024:
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