515 Dowling Street, Wendouree, VIC 3355 | Property Value & History | OnTheHouse
 
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515 Dowling Street
Wendouree VIC 3355

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 765m2
Land area: 2517m2
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Property Details for 515 Dowling St, Wendouree

Building Type
Commercial
Floor Size
765m2
Land Size
2517m2
Local Government
Ballarat
Lot/Plan
5/LP122615

Last Listing description (September 2020)

Colliers International are excited to offer 515517 Dowling Street, Wendouree for sale. This property offers an outstanding investment opportunity to secure a well located industrial premises with a quality national tenant. The property is currently leased to National ASX Listed Company since prior to 1990 and is returning $71,027 pa net rent with 3% fixed increases and 2 further terms of 5 years.

Features:

- Leased to National ASX listed company for past 25 years*
- 2 further terms of 5 years each
- Currently returning $71,000 pa net rent
- Tenant due for all outgoings
- 3% annual increases
- Two titles with total land area of 4,644 sqm*
- Industrial 3 zoning
- Shed of 765 sqm* + 54 sqm* of external offices*
- Massive hardstand of 2500 sqm*
- Superior location in the north of Ballarat, metres to Western Freeway
- Exceptional opportunity for a strong return with upside to develop in future

Price: For further information, please contact Colliers International agent Charles Kennedy on 041 914 778.

*approx

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Property History for 515 Dowling St, Wendouree, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$610,000
25 Sep 2020
  • 25 Sep 2020
    Sold for $610,000
  • 19 Aug 2020
    Listed for Sale Please contact agent
  • 16 Feb 2016
    Listed for Sale Not Disclosed
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About Wendouree 3355

The size of Wendouree is approximately 9.6 square kilometres. It has 23 parks covering nearly 12.5% of total area. The population of Wendouree in 2016 was 10445 people. By 2021 the population was 10376 showing a population decline of 0.7% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation.In 2021, 53.40% of the homes in Wendouree were owner-occupied compared with 56.60% in 2016.

Wendouree has 6,660 properties. Over the last 5 years, Houses in Wendouree have seen a 33.60% increase in median value, while Units have seen a 35.97% increase. As at 31 March 2026:

  • The median value for Houses in Wendouree is $531,317 while the median value for Units is $407,885.
  • Houses have a median rent of $400 while Units have a median rent of $310.
There are currently 21 properties listed for sale, and 16 properties listed for rent in Wendouree on OnTheHouse. According to Cotality's data, 381 properties were sold in the past 12 months in Wendouree.

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