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Sold on 04 Oct 2024 for $225,000

1/2 Evelyn Street
Wendouree VIC 3355

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
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Property Details for 1/2 Evelyn St, Wendouree

1/2 Evelyn St, Wendouree is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Wendouree in the last 12 months.

Building Type
Unit
Local Government
Ballarat
Lot/Plan
1/SP30960

Last Listing description (October 2024)

Presenting an exceptional investment opportunity, this pristine 1-bedroom unit is nestled at 1/2 Evelyn St, Wendouree.

Currently under a lease agreement with a reliable tenant at $280 per week until 13/07/2025, this property assures immediate returns with gross yield of 5.6%, making it a compelling investment prospect. Located in a 1-block street and being a short walk to bus stops, pre, primary & secondary schools, the location is ideal.

Step inside to discover an inviting open-plan Kitchen/Meals/Living area, where plush carpet graces the Meals/Living space while durable vinyl-plank flooring adorns the Kitchen. Enjoy year-round comfort with the inclusion of split-system heating & cooling. The kitchen is a chef's delight, featuring an updated dishwasher, electric oven, stove & rangehood, ample overhead & underbench storage, and sleek laminex benchtops, facilitating seamless meal preparation.

The Bathroom/Laundry area boasts washing machine facilities, complete with a wash-trough, and showcases an updated vanity and shower. Enhanced functionality is ensured by the adjacent separate toilet.

Outside, relish in the added bonus of a front courtyard, complete with an undercover patio - perfect for outdoor relaxation or entertaining.

This well-maintained unit offers a rare opportunity to own a property in the heart of Wendouree. Seize the moment - reach out today to arrange a private viewing and secure this exceptional investment for yourself.

Ballarat's Best-Selling Team

Property History for 1/2 Evelyn St, Wendouree, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$225,000
04 Oct 2024
Listed for Rent
$235/w
09 Jun 2022
  • 04 Oct 2024
    Sold for $225,000
  • 15 May 2024
    Listed for Sale $239,000 - $259,000
  • 09 Jun 2022
    Listed for Rent - Price not available
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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 6,575 properties. Over the last 5 years, Houses in Wendouree have seen a 29.30% increase in median value, while Units have seen a 38.09% increase. As at 30 September 2024:

  • The median value for Houses in Wendouree is $411,081 while the median value for Units is $339,645.
  • Houses have a median rent of $380 while Units have a median rent of $326.
There are currently 39 properties listed for sale, and 15 properties listed for rent in Wendouree on OnTheHouse. According to CoreLogic's data, 276 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.