OFF MARKET

4/424 Forest Street
Wendouree VIC 3355

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 271m2
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Property Details for 4/424 Forest St, Wendouree

4/424 Forest St, Wendouree is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 271m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last transferred in June 2017.

Building Type
Unit
Year Built
1980
Floor Size
63m2
Land Size
271m2
Local Government
Ballarat
Lot/Plan
4/RP14878

Last Listing description (August 2017)

The solid brick home comprises two bedrooms with built in robes, bathroom with generous-sized shower and a neat & tidy kitchen. The open living and dining area is filled with natural light & gas heating. Set in a quiet street, within a short walk to the lake, local schools and Stockland shopping facilities. A new hot water system was installed in 2016. A great opportunity to increase your investment portfolio with a low-maintenance, tenanted unit or to purchase your first home.
* A two bedroom unit with built in robes in both bedrooms

* Large yard for gardening or your pet
* Only a short walk to a bus stop
* Only a short walk to Primary and Private Secondary Schools
* Tenanted until December 2017 at $240 per week yielding over 6% return

Property History for 4/424 Forest St, Wendouree, VIC 3355

A timeline of how this property has performed in the market
Last Transferred
02 Jun 2017
  • 02 Jun 2017
    Transferred
  • 02 Feb 2017
    Listed for Sale $190,000 - $199,000
  • 28 Sep 2015
    Sold for $146,400
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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 6,611 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, 282 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.