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 320 properties. Over the last 5 years, Houses in Bakery Hill have seen a 21.39% increase in median value, while Units have seen a 46.19% increase. As at 31 October 2024:

  • The median value for Houses in Bakery Hill is $610,168 while the median value for Units is $456,526.
  • Houses have a median rent of $470.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Bakery hill on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Bakery hill.

Suburb Insights for Bakery Hill 3350

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.