3 Evelyn StreetWendouree VIC 3355
Property Details for 3 Evelyn St, Wendouree
3 Evelyn St, Wendouree is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 788m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom Unit sold in Wendouree in the last 12 months.
Last Listing description (August 2024)
Ideally located on a quiet street in ever-popular Wendouree, this property presents a truly unique opportunity to secure a low maintenance, high yield, dual income investment property with exciting future subdivision and development potential.
Each unit consists of 2 large bedrooms with BIRs, one bathroom, a spacious living area, private courtyard, single carport, and storage unit. There is a large separate garage for extra storage, while both dwellings are on the one title and are currently leased to excellent long-term renters, with an overall rental return of approximately 5%.
The expansive 788m2 (approx.) allotment is ideal for future development, with the opportunity to either subdivide or construct multiple dwellings (STCA) in a highly sought after location. With multiple schools, Stockland shopping centre, Wendouree Station, the Howitt Street retail and medical precinct plus Lake Wendouree all easily accessible nearby, this is an opportunity that will not last long. Inspections by appointment, enquire today for more information.
Ballarat's Best-Selling Team
Property History for 3 Evelyn St, Wendouree, VIC 3355
- 17 May 2024Sold for $517,000
- 30 Apr 2024Listed for Sale $499,000 - $539,000
- 06 Apr 2021Sold for $550,000
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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 6,576 properties. Over the last 5 years, Houses in Wendouree have seen a 29.20% increase in median value, while Units have seen a 43.55% increase. As at 31 August 2024:
- The median value for Houses in Wendouree is $409,359 while the median value for Units is $342,965.
- Houses have a median rent of $380 while Units have a median rent of $320.
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