FOR SALE
$95,000

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Bakery Hill VIC 3350

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Busy Restaurant in Bakery Hills Prime Location in Heart of Ballarat

Phone enquiries - please quote property ID 30783.
Busy Restaurant
Easy to Run
Cheap rental
long lease
Central location
Asking $95,000 Plus Stock
URGENT SALE due to other commitment
less than half what you pay to set up the shop.
like what you read, Please email caprichoballarat@gmail.com or marxiecorp@gmail.com
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Property Details for Contact Agent For Address, Bakery Hill

Building Type
Commercial

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About Bakery Hill 3350

The size of Bakery Hill is approximately 0.2 square kilometres. It has 2 parks. The population of Bakery Hill in 2011 was 174 people. By 2016 the population was 171 showing a population decline of 1.7% in the area during that time. The predominant age group in Bakery Hill is 20-29 years. Households in Bakery Hill are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Bakery Hill work in a professional occupation. In 2011, 45.1% of the homes in Bakery Hill were owner-occupied compared with 46.7% in 2016.

Bakery Hill has 319 properties. Over the last 5 years, Houses in Bakery Hill have seen a 26.28% increase in median value, while Units have seen a 49.03% increase. As at 30 November 2024:

  • The median value for Houses in Bakery Hill is $621,017 while the median value for Units is $460,292.
  • Houses have a median rent of $455.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Bakery hill on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Bakery hill.

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