OFF MARKET

1/412 Gillies Street N
Wendouree VIC 3355

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 814m2
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Last updated 11 Nov 2024
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Property Details for 1/412 Gillies St N, Wendouree

1/412 Gillies St N, Wendouree is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 814m2 and floor size of 53m2.

Building Type
Unit
Year Built
1975
Floor Size
53m2
Land Size
814m2
Local Government
Ballarat

Last Listing description (October 2009)

RARE OPPORTUNITY FOR A GREAT INVESTMENT
RARELY DOES THE OPPORTUNITY ARISE TO BUY A STABLE INVESTMENT PROPERTY WITH MULTIPLE INCOME STREAMS. INCREDIBLY CLOSE TO SHOPPING, PUBLIC TRANSPORT AND ALL OTHER DESIRABLE FACILITIES. SITUATED 150M FROM A MAJOR SHOPPING FACILITY THIS WOULD MAKE THE PROPERTY IDEAL FOR YOUNG SINGLES OR A MATURE TENANT THAT DIDNT WANT TO BE COMMITTED TO OWNING THEIR OWN VEHICLE. THE PROPERTY HAS A CURRENT INCOME OF $480 PER WEEK WITH POTENTIAL FOR FURTHER GROWTH AND HAS BEEN CONSISTANTLY FULL FOR THE PAST 11 YEARS. THIS IS AN INVESTMENT NOT TO BE MISSED. CALL NOW.

Property History for 1/412 Gillies St N, Wendouree, VIC 3355

A timeline of how this property has performed in the market
Listed for Rent
$150/w
06 Apr 2012
  • 03 Apr 2012
    Listed for Rent - Price not available
  • 11 May 2010
    Listed for Rent - Price not available
  • 14 Aug 2009
    Listed for Sale $449,000
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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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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.