SOLD
RECENT ADVICE
Sold on 13 Jun 2024 for $660,000

1-3 Marie Crescent
Wendouree VIC 3355

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 634m2
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Property Details for 1-3 Marie Cres, Wendouree

1-3 Marie Cres, Wendouree is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 634m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Wendouree in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
56m2
Land Size
634m2
Local Government
Ballarat
Lot/Plan
423/LP113383

Last Listing description (July 2024)

Located in the popular investment suburb of Wendouree, close to Stockland Shopping Centre, Wendouree train station, Lake Wendouree and quality schools is this rare already fully subdivided three unit complex being sold as one. All of the units are well maintained and leased to excellent tenants. Unit 1 is two beedrooms and returns $235 p/w. Unit 2 is one bedroom and returns $190 p/w. Unit 3 is one bedroom and returns $195 p/w. Each unit comes with a single carport and low maintenance yard. Already showing a strong rental yield of around 5% (approx) there is also plenty of scope for further improvements and a stronger yield. Be quick to inspect!

Property History for 1-3 Marie Cres, Wendouree, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$660,000
13 Jun 2024
Listed for Rent
$425/w
20 Nov 2020
  • 13 Jun 2024
    Sold for $660,000
  • 13 Dec 2023
    Listed for Sale $650,000 - $690,000
  • 20 Jun 2023
    Sold for $445,000
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About Wendouree 3355

The size of Wendouree is approximately 9.6 square kilometres. It has 23 parks covering nearly 12.5% of total area. The population of Wendouree in 2011 was 10,597 people. By 2016 the population was 10,452 showing a population decline of 1.4% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation. In 2011, 59.2% of the homes in Wendouree were owner-occupied compared with 56.6% in 2016.

Wendouree has 6,610 properties. Over the last 5 years, Houses in Wendouree have seen a 28.68% increase in median value, while Units have seen a 25.22% increase. As at 31 October 2024:

  • The median value for Houses in Wendouree is $413,604 while the median value for Units is $327,786.
  • Houses have a median rent of $380 while Units have a median rent of $326.
There are currently 45 properties listed for sale, and 19 properties listed for rent in Wendouree on OnTheHouse. According to CoreLogic's data, 283 properties were sold in the past 12 months in Wendouree.

Suburb Insights for Wendouree 3355

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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.