SOLD
Sold on 05 Dec 2023 for $3,100,000

1109 Howitt Street
Wendouree VIC 3355

Bedrooms: 2
Bathrooms: -
Car spaces: -
Floor area: 3m2
Land area: 1450m2
Save

Property Details for 1109 Howitt St, Wendouree

Building Type
Commercial
Floor Size
3m2
Land Size
1450m2
Local Government
Ballarat
Lot/Plan
1/TP390050

Last Listing description (July 2017)

Ray White Ballarat are proud to present to the market an incredible development opportunity perfectly positioned within the rapidly developing medical precinct on busy Howitt Street Wendouree!
- Neighboring tenants include Lake Imaging, Ballarat Day Procedure Clinic and Ballarat Obstetrics and Gynaecology Clinic
- Land area of 1,459m2 (approximately)

- Zoned Mixed Use
- Environmental Site Assessment and Soil Report available on request
- Location offers high exposure and a large volume of passing trade
- Diverse site for development uses including retail, showroom, medical and office (STCA)
- Concept plans for medical centre available include a 550m2 building and 16 car parks
- The property includes a 3 bedroom weatherboard house which may accommodate a small business whilst going through the planning stages for a new build
- Premium developments sites are becoming increasingly difficult to obtain, astute purchasers will be impressed.

Property History for 1109 Howitt St, Wendouree, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$3,100,000
05 Dec 2023
  • 05 Dec 2023
    Sold for $3,100,000
  • 01 Jun 2017
    Sold for $750,000
  • 11 Aug 2016
    Listed for Sale $750,000 - $795,000 + GST If Applicable
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Wendouree 3355

Market Insights
Wendouree Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Wendouree Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.