7 Recreation RoadMount Clear VIC 3350
Property Details for 7 Recreation Rd, Mount Clear
7 Recreation Rd, Mount Clear is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 3288m2.
Last Listing description (January 2024)
An exceedingly rare opportunity to acquire a large development site in a General Residential Zone, close to all amenities and public transport. This exceptional parcel of land is located in a very desirable area to reside, with scope to build a multi-unit development (STCA) where you can walk to all conveniences.
Included on the site is the original brick veneer home with four bedrooms, two bathrooms and two spacious living areas, along with a family bathroom, and separate toilet & laundry. The kitchen is neat and functional, offering updated appliances and overlooks the adjacent dining/family room. The second living room has an adjoining sunroom and covered entertaining area at the rear. Additional features include central heating and a double carport. The house is currently rented and returning $400 per week, which offers income while planning for your development.
Nearby amenities include the Midvale Shopping Centre with its supermarket, Post Office, bakery, gym, butcher and fish shop, as well as walking distance to Mount Clear Secondary College, Damascus College, Mount Clear Primary School and Emmaus Primary School. Also just a short drive to Federation University, Technology Park & nearby business centres, and easy access to Ballarat CBD. An opportunity not to be missed, call Chris for further details
Property History for 7 Recreation Rd, Mount Clear, VIC 3350
- 30 Aug 2023Listed for Sale $1,050,000
- 07 Dec 2022Listed for Rent $400 / 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 1,853 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.
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