104 Cobden Street, Mount Pleasant VIC 3350

104 Cobden Street, Mount Pleasant VIC 3350
Three-bedroom, one-bathroom single-level house on a 612 m² block with one car space. A new build, it features three well-proportioned bedrooms, a central bathroom, and a light-filled living area. Within Mount Pleasant, this property is a notable addition to the mostly older housing stock. The competitive strength of this property is derived from its new build status on a generous block, which is rarely found in Mount Pleasant. Modern interiors and lower maintenance are offered compared to older homes, making it appealing to first-home buyers and investors. The land size is seen as a key advantage, providing flexibility for outdoor use or future additions. This property is best suited for those seeking a turnkey solution in an established area with good school access. The value of this property may be affected by the single bathroom, which might be considered a constraint for larger households. The quality of finishes is not specified, so a personal inspection is required to gauge actual standards. A premium may be attached to the new build status, but if comparable homes offer more bathrooms or larger layouts, that could influence price positioning. These elements should be weighed when forming a view.
Detailed Independent Property Report prepared  by PropCred Analyst team for 104 Cobden Street, Mount Pleasant VIC 3350
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk ! 1
Income Risk
Execution Risk 2
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Market Insight

Mount Pleasant is a well-established family suburb in Ballarat, supported by solid local infrastructure. Demand is driven by both owner-occupiers, attracted to its family-friendly housing stock, and investors, drawn by strong rental demand and low vacancy. Recent house price growth has been robust, though the unit market has softened, indicating a bifurcated market. Future growth is underpinned by sustained rental pressure, but affordability constraints and supply variability present key risks to momentum.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

612m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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