19 Grandison Avenue, Mount Clear VIC 3350
19 Grandison Avenue, Mount Clear VIC 3350
3โbed singleโlevel house on 693m2 land | recently updated with fresh interior | floorโarea discrepancy 113โ166m2 | detached family format in quiet suburb
The property has been recently updated as a single-level house on a 693mยฒ lot, a format that is favoured in Mount Clear. The need for renovation is eliminated by the turnkey interior, a feature that is rarely found among older detached stock. Families needing three bedrooms and downsizers preferring single-level living are served by this configuration. The property may be set apart by its usable land and fresh finish. It is considered best suited for a buyer who values a quiet residential setting and immediate occupancy.
The floor area discrepancy may need to be resolved by the buyer as valuation and lending could be affected by it. This point may be weighed when a view on price is formed.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 19 Grandison Avenue, Mount Clear VIC 3350
Market Insight:
Mount Clear presents as a dynamic satellite suburb of Ballarat, attracting a young professional demographic and significant investor interest, evidenced by a substantial rental population. Demand is driven by this demographic seeking affordable entry into the regional market, supported by strong recent price growth and competitive, low-yield rental conditions. The market shows robust annual appreciation, though recent quarterly figures indicate potential volatility and a slower sales pace, with key constraints being affordability pressures and limited available stock despite a tight vacancy rate.