OFF MARKET

1136 Geelong Road
Mount Clear VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 117m2
Land area: 874m2
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Last updated 11 Nov 2024
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Property Details for 1136 Geelong Rd, Mount Clear

1136 Geelong Rd, Mount Clear is a 2 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 874m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1960
Floor Size
117m2
Land Size
874m2
Local Government
Ballarat
Lot/Plan
1/TP848219

Last Listing description (October 2024)

An exciting investment opportunity awaits in the ever-popular Mount Clear, offering exceptional potential for development. Positioned on a generous 874m block, the existing two-bedroom home sits at the front of the property, leaving ample space for future possibilities. Whether you choose to retain the current home and develop the rear land, renovate and extend, or explore the option of demolishing and maximizing the full scope of the block (all subject to council approval), this property provides a range of possibilities. Ideally located close to primary and secondary schools, recreation facilities, shopping, and Federation University, this prime location adds to its appeal. With drawings available for a 4-lot development, now is the perfect time to enquire.

Property History for 1136 Geelong Rd, Mount Clear, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$495,000
06 May 2022
Listed for Rent
$260/w
26 Feb 2020
  • 28 Oct 2024
    Listed for Sale $475,000 - $515,000
  • 06 May 2022
    Sold for $495,000
  • 22 Dec 2021
    Listed for Sale $485,000 - $530,000
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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 1,853 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:

  • The median value for Houses in Mount Clear is $524,526 while the median value for Units is $347,297.
  • Houses have a median rent of $420 while Units have a median rent of $355.
There are currently 15 properties listed for sale, and 6 properties listed for rent in Mount clear on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in Mount clear.

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