1-4/391 Forest Street, Wendouree, Vic 3355-Image

For Sale

1-4/391 Forest Street, Wendouree, Vic 3355

1-4/391 Forest Street, Wendouree, Vic 3355

$1,135,000 - $1,235,000

House

Type

Bedrooms

Bathrooms

Parkings

733 m²

Area

Published on Friday, July 17, 2026 ( See property details for 1-4/391 Forest Street, Wendouree, Vic 3355)

$1,135,000 - $1,235,000

View the agent price guide.

Will Munro - Real Estate Agent - Ray White - Ballarat

Will Munro Director - Residential Sales

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Chloe Wilson - Real Estate Agent - Ray White - Ballarat

Chloe Wilson Residential Sales Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare multi-unit investment opportunity offering immediate income, low maintenance, and strong future growth potential in a prime Wendouree location.

🏡 Property Highlights

Set-and-forget investment with four well-maintained units
Immediate rental income of $68,120 per annum from 2026
Strong rental demand in a convenient location
Low-maintenance living with multiple income streams
Secure investment with a single title for all units
Close to schools, shopping centres, and public transport

✨ Key Features

Built-in Robes
Open-Plan Living
Ensuite
Internal Laundry
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Fully fenced
Pet-Friendly

Suburb and Property Insights of Wendouree, VIC 3355

Wendouree is a vibrant suburb offering excellent amenities, convenient access to public transport, quality schools, and shopping centres. Its strong rental demand makes it an ideal location for investors seeking reliable income. The area boasts a friendly community atmosphere and ongoing development, ensuring long-term growth potential. With a mix of residential options and easy access to regional attractions, Wendouree provides a balanced lifestyle for tenants and owners alike.

Frequently Asked Questions

What is the current condition of the units and are there any recent renovations?

The units are well-maintained with recent updates ensuring they are in excellent condition for tenants and investors.

Are there any planned developments or zoning changes in the area that could affect the property?

Currently, there are no known planned developments or zoning changes that would impact this property, but prospective buyers should verify with local council.

What are the typical rental prices for similar units in Wendouree?

Similar units in Wendouree typically rent for competitive rates, contributing to the strong rental demand and reliable income stream.

Is there any ongoing maintenance or management required for the units?

The property is designed for low-maintenance living, with minimal ongoing upkeep required, making it ideal for investors seeking a set-and-forget asset.

What are the current property management options and associated costs?

Property management services are available locally, with fees generally ranging from 7-10% of the rental income, depending on the provider.

What to ask about this property to agent?

Are there any existing easements, covenants, or restrictions on the property that could affect future development or use? Has a recent pest and building inspection been conducted, and are there any issues to be aware of? Are there any outstanding council rates, water charges, or strata fees associated with the property? What is the history of the property's rental income and occupancy rates? Are there any upcoming local infrastructure projects or developments that could impact the area’s desirability or value?

1-4/391 Forest Street, Wendouree, Vic 3355 - More Details

$1,135,000 - $1,235,000

Type: House
Bedrooms: 5
Bathrooms: 4
Parkings: 4
Area: 733 m²
House Size: 735 m²

Price guide

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1-4/391 Forest Street, Wendouree, Vic 3355 - Point Of Interest

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1-4/391 Forest Street, Wendouree, Vic 3355

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