FOR SALE
$390,000 - $420,000

228 York Street
Ballarat East VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1048m2
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OUTSTANDING LAND OPPORTUNITY IN THIS HIGHLY SOUGHT AFTER LOCATION.

This is a rare chance to secure a prime parcel of elevated land in a highly desirable location. Directly backing onto Pennyweight Park, this property offers the perfect setting for your dream home or the potential to develop multiple dwellings (STCA).
Situated within walking distance of Ballarat town centre, Canadian Lead Primary School, universities, Lake Esmond Botanical Park, Sovereign Hill, and public transport, this cleared site is zoned under the premium Residential Zone 1, with all connectable services available.
Opportunities like this don't come around often, act quickly to secure this outstanding property!
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Property Details for 228 York St, Ballarat East

Building Type
Land
Land Size
1048m2

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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 3,637 properties. Over the last 5 years, Houses in Ballarat East have seen a 27.08% increase in median value, while Units have seen a 21.40% increase. As at 31 August 2024:

  • The median value for Houses in Ballarat East is $456,684 while the median value for Units is $371,477.
  • Houses have a median rent of $400 while Units have a median rent of $380.
There are currently 43 properties listed for sale, and 8 properties listed for rent in Ballarat east on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Ballarat east.

Suburb Insights for Ballarat East 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.