OFF MARKET

1-8/1110 Howitt Street
Wendouree VIC 3355

Bedrooms: 13
Bathrooms: 8
Car spaces: -
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Last updated 2 Sep 2024
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Property Details for 1-8/1110 Howitt St, Wendouree

1-8/1110 Howitt St, Wendouree is a 13 bedroom, 8 bathroom Unit.

Building Type
Unit
Local Government
Ballarat

Last Listing description (October 2022)

Presenting this massive investment opportunity with all 8 solid brick units being sold as one, positioned only 8 minutes from Lake Wendouree. You'll find your local caf, supermarket, pub, post office, take away restaurants and Ballarat Grammar School all within walking distance.

All homes provide comfortable accommodation with five units offering two bedrooms, a family bathroom, a good size living room and single garage, while three homes boast one bedroom, a living room with heating, a low maintenance front yard with single carport/garage.

This opportunity is ideal for investors in search of a multi-dwelling investment opportunity or keen for a renovation project whilst still having potential for income. 7 of the units are currently leased. Contact Mark Nunn or Vivek Iyer at Buxton today to schedule a private inspection.

Unit 1 2 Bed, 1 Bath, 1 Car, 148m2
Unit 2 1 Bed, 1 Bath, 1 Car, 100m2
Unit 3 2 Bed, 1 Bath, 1 Car, 146m2
Unit 4 2 Bed, 1 Bath, 1 Car, 149m2
Unit 5 1 Bed, 1 Bath, 1 Car, 129m2
Unit 6 2 Bed, 1 Bath, 1 Car, 175m2
Unit 7 1 Bed, 1 Bath, 1 Car, 109m2
Unit 8 2 Bed, 1 Bath, 1 Car, 144m2

Property History for 1-8/1110 Howitt St, Wendouree, VIC 3355

A timeline of how this property has performed in the market
  • 15 Aug 2022
    Listed for Sale Expression of Interest

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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 6,581 properties. Over the last 5 years, Houses in Wendouree have seen a 31.78% increase in median value, while Units have seen a 42.36% increase. As at 31 July 2024:

  • The median value for Houses in Wendouree is $415,829 while the median value for Units is $353,562.
  • Houses have a median rent of $380 while Units have a median rent of $320.
There are currently 46 properties listed for sale, and 33 properties listed for rent in Wendouree on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Wendouree.

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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.