OFF MARKET

1-4/703 Tress St
Mount Pleasant VIC 3350

Bedrooms: 5
Bathrooms: 4
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 1-4/703 Tress St, Mount Pleasant

1-4/703 Tress St, Mount Pleasant is a 5 bedroom, 4 bathroom House.

Building Type
House
Local Government
Ballarat

Last Listing description (February 2023)

The rare opportunity exists to purchase a block of 4 flats in the very popular suburb of Mount Pleasant in Ballarat
The property consists of 1 X 2 Bedroom flat and 3 X 1 Bedroom flats
Flats 1 & 2 have been recently up graded including painting, new floor coverings, LV down lights and refurbished bathrooms.

• Each flat has recently installed reverse cycle air conditioning (heating & cooling)
• We have been connected with the management of this property for over 30 years
We are selling the property as one lot although each flat is on its own Strata Title

Property History for 1-4/703 Tress St, Mount Pleasant, VIC 3350

A timeline of how this property has performed in the market
  • 22 Jun 2022
    Listed for Sale $785,000

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About Mount Pleasant 3350

The size of Mount Pleasant is approximately 2.2 square kilometres. It has 5 parks covering nearly 7.7% of total area. The population of Mount Pleasant in 2011 was 2,122 people. By 2016 the population was 2,219 showing a population growth of 4.6% in the area during that time. The predominant age group in Mount Pleasant is 20-29 years. Households in Mount Pleasant are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Pleasant work in a professional occupation. In 2011, 60.3% of the homes in Mount Pleasant were owner-occupied compared with 59.2% in 2016.

Mount Pleasant has 1,308 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 32.20% increase in median value, while Units have seen a 27.54% increase. As at 31 October 2024:

  • The median value for Houses in Mount Pleasant is $487,075 while the median value for Units is $350,289.
  • Houses have a median rent of $410 while Units have a median rent of $360.
There are currently 12 properties listed for sale, and 5 properties listed for rent in Mount pleasant on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Mount pleasant.

Suburb Insights for Mount Pleasant 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.