Back 23 Otway St S
Off Market

23 Otway St S

Ballarat East VIC 3350

3
1
941 m²
House
Last sold for $303,000
Adam ClevelandAdam Cleveland, last sold this property on 01 March 2018 after 10 days on market.

Overview

A Shout Out To All Investors, Large Allotment in the East

Set on a generous 941sqm allotment, this three bedroom home screams out to the Renovator, Developer, the Astute investor or perhaps the first home buyer with a little vision. Boasting generous sized bedrooms, a large family area, separate dining room along with a few period features you would expect from a home of this era. A frontage of approximately 20 metres this property certainly has subdivision potential (STCA). Tenanted periodically at $285 p/w certainly offers a great rental yield. * This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information.

Features

3 bedrooms
1 bathroom
941 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ballarat East over the last 12 months, the estimated median property value of 23 Otway St S is $555k.

Median value
$555k
Estimated value range
$320k - $1.15m
Median days on market
24
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ballarat East. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23 Otway St S

2024
Rented
Undisclosed
Leased on 04 Dec 2024 by McGrath Ballarat
2018
Sold
$303,000
01 Mar 2018 by Adam Cleveland, of Ray White Ballarat

Happy sellers in Ballarat East

68%
68% of sellers in Ballarat East reported that their sale price either exceeded or met their price expectations.

Ballarat East stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Ballarat East over the last 12 months.

Local market activity for 3 bedroom houses in Ballarat East

In the last 12 months, 83 three-bedroom houses similar to 23 Otway St S, have been sold.

This represents a 27% increase in three-bedroom houses sales when compared to the previous 12 months.

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