SOLD
Sold on 17 May 2024 for $517,000

3 Evelyn Street
Wendouree VIC 3355

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 788m2
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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.

Building Type
Unit
Land Size
788m2
Local Government
Ballarat
Lot/Plan
485/LP73442

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

A timeline of how this property has performed in the market
Last Sold
$517,000
17 May 2024
  • 17 May 2024
    Sold for $517,000
  • 30 Apr 2024
    Listed for Sale $499,000 - $539,000
  • 06 Apr 2021
    Sold 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 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 38 properties listed for sale, and 18 properties listed for rent in Wendouree on OnTheHouse. According to CoreLogic's data, 280 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.