1141-1145 Geelong Road, Mount Clear, VIC 3350 | House for sale | OnTheHouse
 
FOR SALE
$500,000 - $550,000 + GST

1141-1145 Geelong Road
Mount Clear VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 10
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PRIME CORNER ALLOTMENT IN HIGHLY SOUGHT AFTER MT CLEAR LOCALE.

Presenting a genuinely compelling opportunity for the astute developer, investor or land-banker seeking a foothold in one of Ballarat's most consistently sought-after residential corridors.
Occupying a commanding corner position on Geelong Road, this Residential 1 zoned allotment presents the kind of versatility that experienced developers recognise immediately and act upon decisively. Corner blocks of this calibre - with dual street frontage, generous proportions and the flexibility afforded by Residential 1 zoning - represent a diminishing commodity in Ballarat, and this offering will attract genuine competition.
The zoning permits a range of development outcomes, from a boutique townhouse project to a carefully considered multi-dwelling development (STCA), allowing the incoming purchaser to realise the full potential of what is an inherently superior land holding. The dual street access typical of a corner configuration offers both practical convenience and meaningful design freedom rarely found in conventional rectangular allotments. An alternative is to retain the existing consulting rooms/office located on the corner of the allotment and utilise the extensive parking on-site. There is certainly a range of opportunities available (STCA).
Positioned within the established and ever-popular suburb of Mount Clear, the property sits in proximity to Federation University, Damascus College, Mount Clear College and a suite of primary schools - a demographic reality that continues to underpin strong rental demand. The Midvale shopping precinct, medical services and arterial access to Ballarat's CBD are all within reach.
This is a rare opportunity in a prime location. Price is plus GST. Hurry to enquire.
JD
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Property Details for 1141-1145 Geelong Rd, Mount Clear

1141-1145 Geelong Rd, Mount Clear is a 2 bedroom, 1 bathroom House with 10 parking spaces. The place is currently for sale with Real Estate Group.

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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 1,871 properties. Over the last 5 years, Houses in Mount Clear have seen a 22.73% increase in median value, while Units have seen a 31.15% increase. As at 31 July 2026:

  • The median value for Houses in Mount Clear is $652,043 while the median value for Units is $455,969.
  • Houses have a median rent of $450 while Units have a median rent of $368.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Mount clear on OnTheHouse. According to Cotality's data, 120 properties were sold in the past 12 months in Mount clear.

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Allister Morrison
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