514 Glenelg HighwayWinter Valley VIC 3358
Property Details for 514 Glenelg Hwy, Winter Valley
514 Glenelg Hwy, Winter Valley is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 8951m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (November 2023)
The phone enquiry code for this property is - 5539
Exceptional Development Opportunity in Winter Valley West Precinct Structure Plan.
Location: Winter Valley - A thriving community on Ballarat's doorstep.
Land Area: Approximately 8.951 m2. (2.20 acres)
Development Potential: Approximately 100% net development area.
Zoning: Approved under Ballarat West Precinct Structure Plan (PSP).
Uncover the Potential:
This prime development site is strategically positioned within walking distance of future retail shops, primary and secondary schools, Ballarat Link Road and the vibrant Delacombe town centre.
Lot in the vicinity: ranging from 350m2 to 500m2, with selling prices starting from $280,000, making it an attractive investment opportunity.
Residential :
A charming renovated 3-bedroom house with 1 living area and 1 bathroom is nestled on the property.
Additional amenities include 2 garages.
High clearance 15 long x10m wide shed with tank water and hard stand gravel driveways.
Town water and septic tank services available at the property.
Currently generating rental income at $2,200 per month.
Flexible settlement terms can be offered.
Location Advantages:
Just a 2-minute drive to the bustling Delacombe Town Centre.
Conveniently located, with a 9-minute drive from Ballarat Train Station and Ballarat Central.
Swift access to neighbouring Winterfield Estate & Conroy's Green Estate within 2 minutes.
Short distances to educational institutions: 4 minutes to Delacombe Primary School, 6 minutes to Ballarat Christian College, and an 8-minute drive to Loreto College.
Your Due Diligence Matters: We strongly recommend that interested parties conduct their due diligence. Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencec
Note: The information provided is for general reference and does not constitute any representation on the part of the vendor. This is a limited-time opportunity, so act now!
Property History for 514 Glenelg Hwy, Winter Valley, VIC 3358
- 13 Nov 2023Listed for Sale $1,950,000 - $2,100,000
- 31 Jan 2023Listed for Rent $550 / week
- 30 Jun 2022Listed for Sale Contact Agent
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0About 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 4,404 properties. Over the last 5 years, Houses in Winter Valley have seen a 21.95% increase in median value, while Units have seen a 22.57% increase. As at 30 November 2024:
- The median value for Houses in Winter Valley is $562,952 while the median value for Units is $395,444.
- Houses have a median rent of $450.
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