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1//1000 Grevillea Road, Wendouree VIC 3355

For Sale $500,000 - $530,000

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$500k - $525k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car

Listed: 9 days ago

Updated: 11 hours ago

Overview

Situated in the well-regarded suburb of Wendouree, this standalone house built in 2002 presents an attractive prospect for investors seeking stable returns. The property's three bedrooms, combined with a centrally located bathroom and gas central heating, offer a comfortable living environment that is easy to maintain.

The inclusion of a remote-control single garage with direct internal access enhances daily convenience and security, while the fully fenced and landscaped backyard provides a private, low-maintenance outdoor space ideal for relaxation or future landscaping enhancements.

Notably, this home is independently titled and free from body corporate fees, providing the benefits of a standalone property without shared liabilities. Its proximity to public transport and local amenities further contributes to its appeal by supporting easy access to essential services.

Currently leased until October 2027 at $425 per week, the property ensures immediate rental income, making it an appealing choice for astute investors focused on long-term, reliable cash flow in a consistently popular location.

Local Market Insights

In Wendouree, Quiet Listings observed 29 new houses entering the market over the last 30 days, down from 31 during the previous 30-day period, with an average advertised asking price of $692,791. The property type mix of listed properties is predominantly Houses at 81%, followed by units (11%), and land (6%). The most active agency for houses in the Wendouree area is currently Ballarat Real Estate Pty Ltd, representing 38% of new listings, followed by Fletcher's Real Estate Wollongong with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.