1/5 Olive Grove, Mount Clear, VIC 3350 sold on 21 December 2024 | OnTheHouse
 
SOLD
Sold on 21 Dec 2024 for $310,000

1/5 Olive Grove
Mount Clear VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 341m2
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Property Details for 1/5 Olive Gr, Mount Clear

1/5 Olive Gr, Mount Clear is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 341m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Mount Clear in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
101m2
Land Size
341m2
Local Government
Ballarat
Lot/Plan
1/SP28564

Last Listing description (March 2025)

Welcome to 1/5 Olive Grove, Mount Clear, a charming two-bedroom, one-bathroom unit nestled on a generous 341m allotment. This property offers the perfect blend of space, comfort, and convenience amidst a serene, tree-lined locale.

Both bedrooms are fitted with built-in robes, with the master featuring ensuite access to the shared bathroom, which also includes a separate shower, bathtub. The spacious living zone boasts a large lounge room with a fitted gas wall heater and flows seamlessly into the dining area and a well-appointed kitchen equipped with a pantry, gas cooktop, electric oven, dishwasher, and ample storage.

Outside, enjoy the benefits of a single-car garage with an integrated 2.3m side storage shed, alongside a spacious yard surrounded by picturesque bushland. This tranquil setting offers the ideal balance of natural beauty and suburban living.

Situated approximately 5km from Ballarat's CBD, the property is also close to several amenities. Within a short distance, you'll find the Midvale Shopping Centre, featuring IGA and a variety of specialty stores. Nearby schools include Mount Clear College, Mount Clear Primary School, and Damascus College.. Recreational facilities and local parks, such as the nearby Canadian State Forest, and the Canadian Creek walking trail provide abundant opportunities for outdoor activities.

This property is perfect for first-home buyers, downsizers, or investors seeking a peaceful retreat with all the conveniences of modern living. Don't miss this opportunity to secure a home in the sought-after suburb of Mount Clear!

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Property History for 1/5 Olive Gr, Mount Clear, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$310,000
21 Dec 2024
Listed for Rent
$230/w
06 Oct 2012
  • 21 Dec 2024
    Sold for $310,000
  • 16 Dec 2024
    Listed for Sale $310,000
  • 06 Jul 2024
    Transferred
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About Mount Clear 3350

The size of Mount Clear is approximately 9.9 square kilometres. It has 8 parks covering nearly 1.7% of 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 1,867 properties. Over the last 5 years, Houses in Mount Clear have seen a 32.76% increase in median value, while Units have seen a 46.10% increase. As at 31 October 2025:

  • The median value for Houses in Mount Clear is $593,534 while the median value for Units is $414,524.
  • Houses have a median rent of $430 while Units have a median rent of $375.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Mount clear on OnTheHouse. According to Cotality's data, 107 properties were sold in the past 12 months in Mount clear.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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