OFF MARKET

1/1006-1010 Geelong Road
Mount Clear VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 128m2
Land area: 625m2
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Property Details for 1/1006-1010 Geelong Rd, Mount Clear

1/1006-1010 Geelong Rd, Mount Clear is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 625m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
Unit
Year Built
1995
Floor Size
128m2
Land Size
625m2
Local Government
Ballarat
Lot/Plan
1/PS342067

Last Listing description (July 2014)

INVESTORS - APPROX. 5.8% RETURN
A FANTASTIC BUYING OPPORTUNITY PRESENTS ITSELF IN THE PRESTIGIOUS SUMMIT GRANGE COMPLEX WITH EASY ACCESS TO THE UNIVERSITY, WALKING DISTANCE TO MIDVALE SHOPPING CENTRE AND A BUS STOP RIGHT OUT THE FRONT. COMPRISING 3 BEDROOMS, MASTER WITH WIR AND TWO WAY BATHROOM, WELL APPOINTED KITCHEN AND TWO SPACIOUS LIVING AREAS. OTHER FEATURES INCLUDE GAS CENTRAL HEATING, SECURITY SYSTEM, SLUG, PRIVATE AND SPACIOUS YARD AND A LOVELY VERANDA TO THE FRONT ENCLOSED AND PROTECTED BY THE TREES AND GARDEN. TENNIS COURT USAGE AND BBQ FACILITIES ALONG WITH MANICURED GROUNDS ARE ADDED BONUSES. CURRENTLY ON A PRIVATE MONTH TO MONTH LEASE AND SITTING ON OVER 600SQM AND A RENTAL APPRAISAL OF $280 PER WEEK.

Property History for 1/1006-1010 Geelong Rd, Mount Clear, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$245,000
30 Jul 2014
  • 30 Jul 2014
    Sold for $245,000
  • 03 Jan 2014
    Listed for Sale $249,000 - $259,000
  • 23 Sep 2005
    Sold for $202,500
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About Mount Clear 3350

The size of Mount Clear is approximately 9.9 square kilometres. It has 8 parks covering nearly 1.7% of total area. The population of Mount Clear in 2011 was 2,905 people. By 2016 the population was 3,365 showing a population growth of 15.8% in the area during that time. The predominant age group in Mount Clear is 20-29 years. Households in Mount Clear are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Clear work in a professional occupation. In 2011, 64.9% of the homes in Mount Clear were owner-occupied compared with 62% in 2016.

Mount Clear has 1,841 properties. Over the last 5 years, Houses in Mount Clear have seen a 27.18% increase in median value, while Units have seen a 38.28% increase. As at 30 September 2024:

  • The median value for Houses in Mount Clear is $522,567 while the median value for Units is $357,962.
  • Houses have a median rent of $415 while Units have a median rent of $355.
There are currently 16 properties listed for sale, and 1 property listed for rent in Mount clear on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Mount clear.

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