SOLD
Sold on 04 Mar 2024 for $288,000

5 Lowline Way
Wollert VIC 3750

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 108m2
Land area: 221m2
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Property Now Mooloolaba
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Property Details for 5 Lowline Way, Wollert

Building Type
Land
Year Built
2024
Floor Size
108m2
Land Size
221m2
Local Government
Whittlesea
Lot/Plan
236/PS844123

Last Listing description (May 2024)

5k landscape rebate conditions apply

Nestled within the highly sought-after Mason quarter estate, this 221sqm lot presents an exceptional opportunity for first-time homebuyers eager to enter the property market and clever investors seeking to create a lucrative low-maintenance rental property.

Location Highlights:

This lot is situated conveniently close to the shops and offers the perfect blend of suburban tranquillity and urban accessibility. The Estate's peaceful surroundings provide a serene backdrop for building your dream home or investment property.

First Home Buyer's Delight:
Ideal for first-home buyers to secure their first place. The manageable size of the lot allows for cost-effective construction while providing ample space for a comfortable home and yard. The Mason Quarter Estate's family-friendly ambience and the nearby range of Primary School and secondary School ensure an excellent educational environment for growing families.

Wollert primary school
Wollert secondary school
Edgars creek primary school
Edgars Creek secondary school
Glowrey catholic primary school

Investor's Dream:
This lot holds immense potential for investors keen on generating substantial rental income. The layout and dimensions of the lot lend themselves to creating a modern, low-maintenance rental property that will attract renters seeking convenience and comfort.

Prime Location:
In addition to its local amenities, the lot's strategic location offers easy access to highway and easy connectivity. Furthermore, the vibrant city of Melbourne, with its cultural attractions, shopping districts, and dining options, is convenient and endless option.

Don't miss out on the chance to secure your place in this thriving community and vibrant location. Enquire today to turn your property dreams into a reality.

Property History for 5 Lowline Way, Wollert, VIC 3750

A timeline of how this property has performed in the market
Last Sold
$288,000
04 Mar 2024
  • 04 Mar 2024
    Sold for $288,000
  • 28 Jan 2024
    Listed for Sale $270,000 - $295,000
  • 10 Feb 2023
    Listed for Sale Contact Agent
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About Wollert 3750

The size of Wollert is approximately 54.4 square kilometres. It has 30 parks covering nearly 9.8% of total area. The population of Wollert in 2011 was 509 people. By 2016 the population was 9,048 showing a population growth of 1677.6% in the area during that time. The predominant age group in Wollert is 30-39 years. Households in Wollert are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollert work in a professional occupation. In 2011, 82.5% of the homes in Wollert were owner-occupied compared with 76.5% in 2016.

Wollert has 18,633 properties. Over the last 5 years, Houses in Wollert have seen a 24.39% increase in median value, while Units have seen a 24.73% increase. As at 31 October 2024:

  • The median value for Houses in Wollert is $735,357 while the median value for Units is $504,469.
  • Houses have a median rent of $590 while Units have a median rent of $500.
There are currently 232 properties listed for sale, and 52 properties listed for rent in Wollert on OnTheHouse. According to CoreLogic's data, 959 properties were sold in the past 12 months in Wollert.

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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.