1/16-18 Bacchus Rd, Mount Clear is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 333m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
Located in a well kept & quiet street of Mount Clear, this three bedroom unit is the perfect property to add to your investment portfolio. Currently leased until March 2017 at $255pw, you are positioned perfectly, close to schools, Midland Shopping Centre & Federation University whilst only being a short drive back into the Ballarat CBD. All bedrooms have built-in-robes with a central bathroom. Kitchen consists of gas cook top, electric oven & dishwasher. A low maintenance rear yard with a single lock up garage & gas central heating through out. There is also opportunity to value add to the property with a coat of paint and new carpets.
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 1,853 properties. Over the last 5 years, Houses in Mount Clear have seen a 26.97% increase in median value, while Units have seen a 24.31% increase. As at 31 October 2024:
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