OFF MARKET

16 Oakbank Drive
Mount Helen VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 519m2
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Property Details for 16 Oakbank Dr, Mount Helen

16 Oakbank Dr, Mount Helen is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1998. The property has a land size of 519m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Year Built
1998
Floor Size
114m2
Land Size
519m2
Local Government
Ballarat
Lot/Plan
89/PS337680

Last Listing description (March 2019)

Investors and first home buyers take note! 519sqm (approx.) of land, a modern low maintenance brick home at over $50k under the median house price for 3 bedroom homes in Mount Helen ($375k according to realestate.com.au data). This one won t last long.
The home provides everything a home buyer on a budget could need. Three bedrooms all with built in robes, a two way bathroom complete with separate shower, bath and toilet. There is an open planned kitchen / meals / lounge area complete with gas cooking, and reverse cycle air conditioning. Ducted gas heating is also provided throughout.

Externally there is a single semi-enclosed carport with drive through access to the rear yard, along with fully landscaped front and rear yard.
The property is offered with immediate vacant possession and for the investor a current market appraisal of $340 per week will see a return over 5.5%.
Call Chris Gladman 0424 179 188 to organise your immediate viewing.

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Property History for 16 Oakbank Dr, Mount Helen, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$308,000
02 Feb 2019
Listed for Rent
$325/w
11 Jan 2019
  • 02 Feb 2019
    Sold for $308,000
  • 21 Jan 2019
    Listed for Sale $299,000 - $309,000
  • 20 Dec 2018
    Listed for Rent - Price not available
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About Mount Helen 3350

The size of Mount Helen is approximately 11.8 square kilometres. It has 8 parks covering nearly 3.3% of total area. The population of Mount Helen in 2011 was 2,718 people. By 2016 the population was 2,974 showing a population growth of 9.4% in the area during that time. The predominant age group in Mount Helen is 20-29 years. Households in Mount Helen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Helen work in a professional occupation. In 2011, 81.9% of the homes in Mount Helen were owner-occupied compared with 76.3% in 2016.

Mount Helen has 1,341 properties. Over the last 5 years, Houses in Mount Helen have seen a 38.80% increase in median value, while Units have seen a 20.97% increase. As at 30 November 2024:

  • The median value for Houses in Mount Helen is $658,391 while the median value for Units is $390,496.
  • Houses have a median rent of $460 while Units have a median rent of $340.
There are currently 12 properties listed for sale, and no properties listed for rent in Mount helen on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Mount helen.

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