FOR SALE
$245,000 - $265,000

12/318 Lyons St N
Ballarat Central VIC 3350

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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LOCATION LOCATION LOCATION - LOW MAINTENANCE CBD LIVING.

Located within walking distance to Sturt Street and the heart of the Ballarat CBD, this property offers a great opportunity for investors or first home buyers to get themselves into the property market. Featuring a large lounge area, spacious bedroom with built-in-robes, modern kitchen/meals area and combined bathroom & laundry. Positioned this close to the CBD you can take advantage of inner-city living being only minutes from cafes, restaurants, hospitals and all that Ballarat has to offer. This property is currently rented on a month to month basis for $250 p/week to a great tenant. Keep renting or move in the choice is yours so be sure to book your inspection today as this property will not last long. Please contact Jay Kalogerakis today.
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Property Details for 12/318 Lyons St N, Ballarat Central

12/318 Lyons St N, Ballarat Central is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Real Estate Group.

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Unit

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About Ballarat Central 3350

The size of Ballarat Central is approximately 3.8 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Ballarat Central in 2011 was 5,464 people. By 2016 the population was 5,333 showing a population decline of 2.4% in the area during that time. The predominant age group in Ballarat Central is 20-29 years. Households in Ballarat Central are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat Central work in a professional occupation. In 2011, 56.8% of the homes in Ballarat Central were owner-occupied compared with 56.9% in 2016.

Ballarat Central has 4,394 properties. Over the last 5 years, Houses in Ballarat Central have seen a 26.37% increase in median value, while Units have seen a 38.26% increase. As at 31 July 2024:

  • The median value for Houses in Ballarat Central is $648,219 while the median value for Units is $396,780.
  • Houses have a median rent of $415 while Units have a median rent of $363.
There are currently 46 properties listed for sale, and 16 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Ballarat central.

Suburb Insights for Ballarat Central 3350

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Jay Kalogerakis
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Real Estate Group
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Disclaimer
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.