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Sold on 28 Jun 2024 for $288,000

7B Orbost Drive
Miners Rest VIC 3352

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 648m2
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Property Details for 7b Orbost Dr, Miners Rest

Building Type
Land
Land Size
648m2
Local Government
Ballarat
Lot/Plan
5/PS841346

Last Listing description (June 2024)

Don't miss out on this incredible opportunity to create your dream home in the sought-after Miners Rest neighbourhood. This generous 653m2 (approx.) allotment is in the established sought after Macarthur Park Estate. This prime location offers proximity to a wealth of amenities, with Stockland Shopping Centre only a short drive away.

With Stockland Shopping Centre at your doorstep, you'll enjoy easy access to a wide range of shopping options, and diverse dining experiences. With the Wendouree train station being close-by, along with easy access to the freeway traveling to Melbourne is a breeze.

This exceptional location offers seamless connectivity to the Western Freeway, ensuring a convenient commute to Melbourne. With the Miners Rest neighbourhood growing quickly and becoming increasingly popular, seize the opportunity and secure this fantastic homesite today.

Ballarat's Best-Selling Team

Property History for 7b Orbost Dr, Miners Rest, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$288,000
28 Jun 2024
  • 25 Jun 2024
    Listed for Sale $290,000
  • 24 Jun 2024
    Sold for $288,000
  • 27 Oct 2020
    Sold for $195,000

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About Miners Rest 3352

The size of Miners Rest is approximately 30.8 square kilometres. It has 9 parks covering nearly 4.7% of total area. The population of Miners Rest in 2011 was 2,542 people. By 2016 the population was 3,089 showing a population growth of 21.5% in the area during that time. The predominant age group in Miners Rest is 0-9 years. Households in Miners Rest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Miners Rest work in a professional occupation. In 2011, 84.6% of the homes in Miners Rest were owner-occupied compared with 81.4% in 2016.

Miners Rest has 1,745 properties. Over the last 5 years, Houses in Miners Rest have seen a 30.10% increase in median value, while Units have seen a 25.24% increase. As at 31 October 2024:

  • The median value for Houses in Miners Rest is $569,829 while the median value for Units is $395,829.
  • Houses have a median rent of $440 while Units have a median rent of $300.
There are currently 16 properties listed for sale, and no properties listed for rent in Miners rest on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Miners rest.

Suburb Insights for Miners Rest 3352

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Tim Allen
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Ebony Simeoni
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PRD Real Estate 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.