1/607 Creswick Road
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About this property
Boasting a fantastic location with an affordable price tag, sits this impeccable unit that will be sure to catch the watchful eye of the astute investor. The home features one generously sized bedroom. A well updated kitchen offering plenty of cabinetry space as well as gas cooking stove and oven. Ensure comfort all year round with the gas wall heater in the living area. Bathed in natural light is the open plan meals / living room which offers plenty of space to sit and relax. The central bathroom is well updated and offers a separate toilet. Car accommodation is well catered for with a space designated in the complex. The unit also features a low maintenance courtyard perfect to sit and enjoy the sunny days. With an estimated rental return of $300 per week, making a perfect investment to start or add to your existing portfolio. Positioned in a highly coveted lifestyle location, the home is within a short stroll of Lake Wendouree, hospitals, prestigious schooling and with the CBD being a short stroll down the road this provides exceptional convenience. This home will prove to be extremely popular for the first home buyers looking to break into the Ballarat market or investors looking to add that stress free home to the portfolio. Be quick to inspect! Contact Tony to arrange your very own private inspection.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 121 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Wendouree
This 1-bedroom apartment in Wendouree, VIC 3355 sits within reach of public transport, local shops and nearby schools. It is listed 56% below the $674,000 median of 63 comparable apartmentswithin 5 km.
Schools near Wendouree
- Ballarat Grammarcombined · Prep-12 · CoEd
- Yuille Park Community Collegecombined · Prep-12 · CoEd
- Yuille Park Community College-Young Parents Campuscombined
- Yuille Park Community College-Yuille Campuscombined
- Forest Street Primary Schoolprimary · Prep-6 · CoEd
- Forest Street Primary School-Forest Street Deaf Facilityprimary
What's nearby
- Wendouree Community Sports Club/Norman St (bus) — 1.2 km away
- Take 2 Take Away — 542 m away
- Unnamed — 610 m away
- College Street Reserve — 1.3 km away
- Unnamed — 1.4 km away
Wendouree at a glance
Full suburb profile- Population
- 10,376
- Median age
- 42
- Household income
- $990/wk
- Median rent
- $250/wk
- Median mortgage
- $1,166/mo
Source: ABS Census.
Due diligence
Property Report
Future Development
Wendouree is experiencing gradual residential infill development typical of an established outer-suburban area in regional Victoria, with incremental DA activity for dual-occupancies and small subdivisions. The broader Ballarat region is focused on west-side growth corridors and CBD renewal, with supporting infrastructure investment. Development pressure remains moderate compared to Melbourne metropolitan areas, reflecting regional economic conditions and population growth rates.
Nearby projects
5
Closest
0 km
Wendouree residential infill DAs
Distance from this property is exact (rings = km). Direction is illustrative.
Wendouree residential infill DAs
0 kmMultiple small-scale residential infill and dual-occupancy approvals across the suburb as part of incremental residential densification.
2024-2026
Local shopping centre upgrades
1 kmMinor commercial and retail precinct improvements in Wendouree to support local service needs.
2024-2025
Ballarat West Growth Corridor
2 kmLarge-scale residential precinct development west of Wendouree with multiple estate stages and supporting local infrastructure.
2025-2028
Ballarat transport and cycling infrastructure
2 kmRegional active transport and public transport improvements including cycling paths and bus network enhancements across Ballarat.
2025-2027
Ballarat CBD retail and mixed-use renewal
3 kmUrban renewal efforts in central Ballarat including retail precinct upgrades and mixed-use development to support regional economic growth.
2024-2026
Suburb market
Suburb price trend
Wendouree price trend
Median sold · Unit 2 bed
Compound growth +4.8% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Wendouree marketThis listing
Price history
Price history
Listing price changes & sale
1 price change recorded for this property
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