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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Upfront costs
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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
Flood Risk
None
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Medium
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Flood zone
Land Subject to Inundation Overlay (LSIO) – limited extent
Wendouree is a suburban locality in the Ballarat region of western Victoria, situated on elevated terrain with limited exposure to major river systems. While some localised LSIO coverage may apply near minor drainage lines or creek corridors, the suburb is not situated within a primary flood-prone catchment. Flood risk remains low overall, though standard VIC overlay checks and stormwater management principles should be applied to any development.
Planning controls
- Compliance with VIC Planning Scheme LSIO requirements for new buildings and works
- Flood-resistant construction standards where LSIO applies
- Consultation with Ballarat Regional Catchment Management Authority for waterway management
- Consideration of local drainage and overland flow paths in development assessment
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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