OFF MARKET

6 Rowan Parade
Wendouree VIC 3355

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Land area: 817m2
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Property Details for 6 Rowan Pde, Wendouree

6 Rowan Pde, Wendouree is a 4 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 817m2.

Building Type
Unit
Land Size
817m2
Local Government
Ballarat
Lot/Plan
1/PS304930

Last Listing description (January 2019)

Whether you re looking for a safe super fund investment, or love a positive rental return, this unit complex will excite the savvy investor. The low maintenance units all have leases in place, so the return starts from day one, with a rental return of $540 per week.
Consisting of a 2 Bedroom Unit, along with 2 x 1 Bedroom Units, the stress free living they offer is always received well in the rental market, meaning you will never struggle to find a tenant. For sale as a whole, each property is separately titled. Located in the fast growing suburb of Wendouree, only minutes from major shopping centres, Wendouree train Station and the CBD, contact the selling agents at hockingstuart to arrange your inspection today.

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Property History for 6 Rowan Pde, Wendouree, VIC 3355

A timeline of how this property has performed in the market
  • 23 Oct 2018
    Listed for Sale $480,000

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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.

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