104A Lylia Avenue, Mount Clear, VIC 3350 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$530,000 - $550,000

104A Lylia Avenue
Mount Clear VIC 3350

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 807m2
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Two Units. One Title. Two Income Streams.

An outstanding opportunity for investors, this unique property presents two well-appointed one-bedroom units on a single title, both currently leased and providing a combined rental income of $670 per week.
Unit 1 is leased at $320 per week, while Unit 2 is leased at $350 per week, delivering an immediate and reliable dual income stream from one property.
Both units offer functional, low-maintenance layouts with fresh, neutral interiors and a selection of modern comforts, including split-system heating and cooling, dishwashers, electric cooktops and electric ovens.
Perfectly positioned for tenant appeal, the property is located close to Federation University, Midvale Shopping Centre, recreational facilities and Ballarat's CBD, placing everyday amenities and employment, education and lifestyle options within easy reach.
With both units securely leased, a combined rental return of $670 per week and the added flexibility that comes with owning two dwellings on one title, this is an opportunity that deserves serious consideration from investors seeking to strengthen their portfolio.
Property Features:
Two one-bedroom units on a single title
Both units currently leased
Unit 1 leased at $320 per week
Unit 2 leased at $350 per week
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Property Details for 104a Lylia Ave, Mount Clear

104a Lylia Ave, Mount Clear is a 2 bedroom, 2 bathroom BlockOfUnits with 1 parking spaces. The property has a land size of 807m2. The place is currently for sale with Ray White Ballarat.

Building Type
BlockOfUnits
Land Size
807m2
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About Mount Clear 3350

The size of Mount Clear is approximately 9.9 square kilometres. There are 8 parks, covering nearly 1.7% of the total area. The population of Mount Clear in 2016 was 3390 people. By 2021 the population was 3671 showing a population growth of 8.3% in the area during that time. The predominant age group in Mount Clear is 20-29 years. Households in Mount Clear are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Clear work in a professional occupation.In 2021, 67.50% of the homes in Mount Clear were owner-occupied compared with 62.00% in 2016.

Mount Clear has 1,874 properties. Over the last 5 years, Houses in Mount Clear have seen a 23.78% increase in median value, while Units have seen a 26.74% increase. As at 31 August 2026:

  • The median value for Houses in Mount Clear is $657,270 while the median value for Units is $460,768.
  • Houses have a median rent of $450 while Units have a median rent of $368.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Mount clear on OnTheHouse. According to Cotality's data, 121 properties were sold in the past 12 months in Mount clear.

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Will Munro
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Chloe Wilson
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Ray White Ballarat
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