OFF MARKET

4 Olympic Avenue
Mount Clear VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 681m2
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Last updated 30 Sep 2024
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Property Details for 4 Olympic Ave, Mount Clear

4 Olympic Ave, Mount Clear is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 681m2.

Building Type
Unit
Year Built
2003
Land Size
681m2
Local Government
Ballarat
Lot/Plan
2/LP78529

Last Listing description (January 2017)

Located close to Schools, Federation University, Midvale Shopping Centre, Buninyong & recreational facilities, these newly built three bedroom units are the perfect opportunity for investors and first home buyers alike to secure themselves a great property. Featuring three bedrooms all with built-in-robes, open plan kitchen & meals area and separate lounge, give these units a functional floor plan whilst optimising space. Each unit includes gas central heating, gas hot plate, electric wall oven, single garage with an extra open car space & unit Unit 2 has the added bonus of an ensuite. For investors, take advantage of the low maintenance property & depreciation you will receive over the next few years. First home buyers can make use of the $10,000 first home buyers grant making it that little bit easier for them to get into the market.
Unit 1 - $289,000
Unit 2 - $289,000

Unit 3 - $275,000
Unit 4 - $275,000
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Property History for 4 Olympic Ave, Mount Clear, VIC 3350

A timeline of how this property has performed in the market
Listed for Rent
$265/w
07 Jan 2015
  • 12 Jan 2017
    Listed for Sale FROM $275,000
  • 29 Nov 2016
    Listed for Sale FROM $275,000
  • 30 Dec 2014
    Listed for Rent $265 / week

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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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