8 Olive StreetWendouree VIC 3355
Property Details for 8 Olive St, Wendouree
8 Olive St, Wendouree is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 954m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Wendouree in the last 12 months.
Last Listing description (July 2024)
Situated on a large 954m2 block, this property presents endless opportunities to savvy developers to subdivide (STCA) or to an Invester to utilize it as an Investment property to generate an rental income for future prospects or to simply move in to call it your home and enjoy all the surrounding amenities and huge backyard for your hobbies!
As added bonusses, the property has side access and has had an approved planning permit prior (lapsed due to inactivity) for your piece of mind to minimize any planning risks. Regardless of what your intentions are, this is a golden opportunity, which can cater numerous objectives in one parcel of land and cannot be missed!
Wendouree, a sought-after location, boasts proximity to essential amenities, including shops and schools, ensuring a convenient and comfortable lifestyle.
The residence comprises three well-appointed bedrooms and a shared bathroom, providing ample space for a growing family or potential tenants. Additionally, the laundry comes equipped with built-in cupboards, adding practicality to everyday chores.
Stepping outside, you'll discover a vast backyard, a blank canvas awaiting your personal touch. The property comes complete with a double lock-up garage, providing secure parking and storage options and gas heating and cooling.
Don't miss out on this unique opportunity to secure a property in a thriving location. Contact us now to arrange a viewing and explore the endless possibilities this residence has to offer!
Property History for 8 Olive St, Wendouree, VIC 3355
- 16 Jul 2024Sold for $390,000
- 16 Feb 2024Listed for Sale $420,000 - $450,000
- 23 Feb 2016Sold for $203,000
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0About 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.
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