508 Glenelg HighwayWinter Valley VIC 3358
Property Details for 508 Glenelg Hwy, Winter Valley
508 Glenelg Hwy, Winter Valley is a 5 bedroom, 3 bathroom House with 12 parking spaces and was built in 1985. The property has a land size of 8894m2 and floor size of 266m2. While the property is not currently for sale or for rent, it was last sold in May 2003.
Last Listing description (March 2023)
508 Glenelg Highway offers an opportunity to acquire a future residential development site within the ever popular Western Growth Area of Ballarat
The property currently consists of:
Landholding of 9207m2 (approx. 2.27 acres) with approximately 80 metres of frontage onto the service road of Glenelg Highway
Potential to deliver multiple allotments
Prime positioning within the Western Growth area of Ballarat with immediate proximity to Delacombe Town Centre/Medical Centre/Child Care and Petrol Stations
The property benefits from an existing two storey dwelling along with large shedding that could provide lease income until the soil is turned for redevelopment
Surrounding newly developed subdivisions
Flat land with Services adjacent
The property is being offered for sale via an Expressions of Interest campaign closing on the 22nd December 2022 at 5pm. Please contact exclusive selling agent Andreana Donhardt from Buxton Ballarat for further information.
Property History for 508 Glenelg Hwy, Winter Valley, VIC 3358
- 06 Jul 2022Listed for Sale Expression of Interest
- 09 May 2003Sold for $220,000
- 14 Dec 1981Sold for $12,500
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About Winter Valley 3358
The size of Winter Valley is approximately 5.4 square kilometres. It has 4 parks covering nearly 0.9% of total area. The population of Winter Valley in 2011 was 4,932 people. By 2016 the population was 6,309 showing a population growth of 27.9% in the area during that time. The predominant age group in Winter Valley is 20-29 years. Households in Winter Valley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Winter Valley work in a trades occupation. In 2011, 72.5% of the homes in Winter Valley were owner-occupied compared with 71.5% in 2016.
Winter Valley has 4,391 properties. Over the last 5 years, Houses in Winter Valley have seen a 22.17% increase in median value, while Units have seen a 22.57% increase. As at 31 August 2024:
- The median value for Houses in Winter Valley is $556,905 while the median value for Units is $428,442.
- Houses have a median rent of $450.
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