248-250 Spencer StreetSebastopol VIC 3356
Property Details for 248-250 Spencer St, Sebastopol
248-250 Spencer St, Sebastopol is a 2 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Sebastopol in the last 12 months.
Last Listing description (December 2023)
Introducing a remarkable investment opportunity at 248-250 Spencer St, Sebastopol. This property boasts exceptional subdivision potential (STCA) and includes an impeccably maintained original home, a true testament to the owners' care and attention.
Sitting on approximately 1600m2 of prime real estate, this proud family home offers versatility that is sure to appeal to astute investors. With the option to rent it out now and capitalize on its development potential later, it's a strategic choice.
The primary residence features 2 bedrooms, an open-plan living area, a well-appointed kitchen, and an internal bathroom with WC. Additionally, there's a rear bungalow, perfect for accommodating a larger family or transforming into a spacious rumpus room or home office.
Situated only 5.8k to Central Ballarat ,3.5k to DTC shopping, you will also benefit from close proximity to Woolworths Supermarket and public transport. Primary and Secondary schools close enough for kids to walk or ride.
Don't miss this unique opportunity to invest in a property with huge potential. Contact PRD Ballarat Real Estate Agents Penny Shields and Don Hanlon to learn more and explore the possibilities.
Ballarat's Best Selling-Team.
Property History for 248-250 Spencer St, Sebastopol, VIC 3356
- 09 Feb 2024Listed for Rent $350 / week
- 01 Dec 2023Sold for $475,000
- 30 Oct 2023Listed for Sale $499,000 - $539,000
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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 NaN properties. Over the last 5 years, Houses in Sebastopol have seen a 31.33% increase in median value, while Units have seen a 34.49% increase. As at 31 July 2024:
- The median value for Houses in Sebastopol is $399,970 while the median value for Units is $332,050.
- Houses have a median rent of $380 while Units have a median rent of $345.
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