FOR SALE
$780,000 - $820,000

616 York Street
Ballarat East VIC 3350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Golden Development Opportunity in Prime Location

Perfectly positioned less than 10 minutes from the CBD, on the Melbourne side of town with easy access to the train station and Western Freeway, this spacious, solid family home on a huge 1737m2 (approx.) central allotment represents a golden opportunity for potential subdivision, development, and the construction of multiple townhouses (STCA).
- Wide 23m (approx.) frontage for ease of access
- All services available for connection
- Site generally flat with slight slope towards the rear
- Outstanding location backing on to a reserve with schools, supermarkets, restaurants, cafes and bars all available nearby
- Extremely solid existing dwelling currently leased to an excellent renter
- Master bedroom features a WIR and ensuite
- Three additional bedrooms with BIRs
- Family bathroom with bath and separate toilet
- Two spacious light-filled living areas
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Property Details for 616 York St, Ballarat East

616 York St, Ballarat East is a 4 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with PRD Real Estate Ballarat.

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House

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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 3,635 properties. Over the last 5 years, Houses in Ballarat East have seen a 27.88% increase in median value, while Units have seen a 22.01% increase. As at 30 September 2024:

  • The median value for Houses in Ballarat East is $463,612 while the median value for Units is $376,253.
  • Houses have a median rent of $400 while Units have a median rent of $380.
There are currently 42 properties listed for sale, and 5 properties listed for rent in Ballarat east on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Ballarat east.

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Tim Allen
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Ebony Simeoni
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