FOR SALE
$449,000-$469,000

218 Nelson Street
Ballarat East VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 768m2
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Strong Investment, Large Allotment, Rear Access

Wanting a great shed with its own street access, huge block with subdivision potential (STCA) and a solid investment opportunity?
Then this property offers all that and more!
With a secure lease in place at $360pw until Sept 2025, the home offers a kitchen with ample cupboard space, a dishwasher, and a gas cooktop.
The bright North facing living area has new carpet and three generously sized bedrooms, two of which include built-in robes add to the charm. The main bathroom consists of a shower over a bath and the home has a separate toilet for added convenience.
Rear access through to a double carport PLUS an adjoining double garage PLUS a further mancave or workshop.
The huge allotment offers plenty of secure off-street parking for the caravan, boat, trailer or just your own private sanctuary.
A strong investment with loads of growth potential!
Inspection available on request.
***Every precaution has been taken to establish the accuracy of the above information. However, prospective purchasers are advised to carry out their own due diligence***
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Property Details for 218 Nelson St, Ballarat East

218 Nelson St, Ballarat East is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 768m2. The place is currently for sale with Barry Plant Ballarat.

Building Type
House
Land Size
768m2

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About Ballarat East 3350

The size of Ballarat East is approximately 6 square kilometres. It has 15 parks covering nearly 21% of total area. The population of Ballarat East in 2011 was 5,308 people. By 2016 the population was 5,612 showing a population growth of 5.7% in the area during that time. The predominant age group in Ballarat East is 20-29 years. Households in Ballarat East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat East work in a professional occupation. In 2011, 60% of the homes in Ballarat East were owner-occupied compared with 56.7% in 2016.

Ballarat East has 3,647 properties. Over the last 5 years, Houses in Ballarat East have seen a 26.56% increase in median value, while Units have seen a 16.24% increase. As at 31 October 2024:

  • The median value for Houses in Ballarat East is $465,232 while the median value for Units is $369,668.
  • Houses have a median rent of $400 while Units have a median rent of $380.
There are currently 48 properties listed for sale, and 13 properties listed for rent in Ballarat east on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Ballarat east.

Suburb Insights for Ballarat East 3350

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Shane Finch
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Angie Finch
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Barry Plant Ballarat
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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.