101 Mansfield Avenue, Mount Clear VIC 3350

101 Mansfield Avenue, Mount Clear VIC 3350
3 beds | 2 baths | 2 car spaces | 867mยฒ block | entertainer’s layout | bushfire overlay present | high confidence valuation The property presents a strong buying case for a family or entertainer seeking generous indoor-outdoor space on a large block in a stable, owner-occupied suburb. The 42% building coverage on 867mยฒ is rare, offering immediate spacious living and backyard access without the need for renovation. Solar panels add a modest ongoing cost advantage, and the school catchment proximity to Mount Clear Primary and College is a practical draw for families. The listing price is competitive, sitting near the upper end of the high-confidence valuation range, which suggests the seller is realistic and the property is unlikely to be overpriced in this steady demand market. The bushfire overlay is the primary risk, potentially increasing insurance premiums and limiting some development options, though no flood or heritage restrictions apply. The 2002 sale date means the property has been held long-term, so the vendor may have flexibility on price, but the short market time of seven days indicates no urgency yet. For a buyer, the opportunity lies in securing a turnkey family home with expansion potential on the block, while the bushfire overlay may deter some competitors, strengthening your negotiating hand. Hold this property as a long-term family residence, leveraging the school zone and low turnover street for capital stability.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 101 Mansfield Avenue, Mount Clear VIC 3350
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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.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

867mยฒ

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