OFF MARKET

1848 Geelong Road
Mount Helen VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3188m2
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Property Details for 1848 Geelong Rd, Mount Helen

1848 Geelong Rd, Mount Helen is a bedroom, bathroom House. The property has a land size of 3188m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Land Size
3188m2
Local Government
Ballarat
Lot/Plan
29/PS326983

Last Listing description (August 2019)

Renewed 5 year lease to Goodstart to 2022 plus options to 2032.
Long trading and successful facility established in 2005.
Goodstart: Australia s largest early education provider with annual turnover of $900m and providing education to 70,000 children across 645 centres.

Fixed 5% annual rental increases plus market review at options.
Modern, purpose-built 120 place child care facility on high profile 3,187 sqm site.
Strategic position opposite the Ballarat Technology Park, with tenants including: Ambulance Victoria, ESTA, IBM, SRO and Federation University.
Ballarat: Victoria s largest inland city servicing a trade catchment of approx 400,000 people.
Net Income: $248,212 pa.

Property History for 1848 Geelong Rd, Mount Helen, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$4,275,000
19 Feb 2020
  • 19 Feb 2020
    Sold for $4,275,000
  • 05 Jun 2019
    Listed for Sale Not Disclosed
  • 31 Jan 2018
    Listed for Sale $4350000
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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 1,340 properties. Over the last 5 years, Houses in Mount Helen have seen a 40.92% increase in median value, while Units have seen a 17.98% increase. As at 31 October 2024:

  • The median value for Houses in Mount Helen is $653,508 while the median value for Units is $395,969.
  • Houses have a median rent of $450 while Units have a median rent of $340.
There are currently 12 properties listed for sale, and 1 property listed for rent in Mount helen on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Mount helen.

Suburb Insights for Mount Helen 3350

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.