13 Spencer StreetSebastopol VIC 3356
Property Details for 13 Spencer St, Sebastopol
13 Spencer St, Sebastopol is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 1105m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Sebastopol in the last 12 months.
Last Listing description (November 2024)
This outstanding opportunity presents plans and permits approved for the construction of four modern townhouses, perfectly positioned on an expansive site of approximately 1105m2.
With plans and permits already in place you can hit the ground running and commence construction without any delays.
Two of the double storey rear townhouses offers three bedrooms, two bathrooms and double garages, providing ample space for families and individuals alike.
The third rear townhouse is also double story and features two bedrooms, one bathroom and a single garage, making it an ideal choice for those looking for compact luxury.
The approved plans reflect contemporary designs, ensuring that the finished townhouses will stand out as modern, stylish and highly desirable residences.
The spacious site of approximately 1105m2 provides ample room for the construction of the townhouses.
The existing home on the property is ready for demolition, but in the meantime is currently returning a rental income of $330 per week.
Nestled in the booming suburb of Sebastopol, the site offers nearby access to supermarkets, shops, schools and public transport.
The site is also located within a 5 minute drive to the Delacombe Town Centre and Ballarat CBD, making it a highly sought after location.
Copies of the plans and permits are available upon request, call Sean today for further details.
Property History for 13 Spencer St, Sebastopol, VIC 3356
- 02 Sep 2024Listed for Sale $450,000
- 02 Sep 2024Sold for $420,000
- 16 Aug 2022Listed for Sale $549,000 - $599,000
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0About Sebastopol 3356
The size of Sebastopol is approximately 8.5 square kilometres. It has 15 parks covering nearly 6.1% of total area. The population of Sebastopol in 2011 was 9,398 people. By 2016 the population was 10,020 showing a population growth of 6.6% in the area during that time. The predominant age group in Sebastopol is 20-29 years. Households in Sebastopol are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sebastopol work in a trades occupation. In 2011, 61.3% of the homes in Sebastopol were owner-occupied compared with 55.6% in 2016.
Sebastopol has 6,350 properties. Over the last 5 years, Houses in Sebastopol have seen a 30.05% increase in median value, while Units have seen a 29.14% increase. As at 31 October 2024:
- The median value for Houses in Sebastopol is $408,698 while the median value for Units is $309,825.
- Houses have a median rent of $380 while Units have a median rent of $350.
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