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73 Scott Parade
Ballarat East VIC 3350

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Bathrooms: -
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Land area: 1176m2
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Development Land for Sale in Ballarat CBD I Versatile Project Development Opportunity on Prime Location

Goldfish Real Estate Ballarat is thrilled to offer for sale this versatile development opportunity on Ballarat CBD Fringe, strategically located vacant land of approx. 1176m2 with three road frontages, ready to take on board for a diverse range of project development scope as MUZ or C1Z (STCA).
KEY HIGHLIGHTS
+ High Exposure;
+ Prime Location;
+ Ballarat CBD's Fringe;
+ General Residential Zone (GRZ);
+ Viability for MUZ or C1Z (STCA);
+ High profile Humffray St North & Scott Parade position with 8,000+ vehicles passing daily. (GapMaps);
+ Just walking distance to V/Line Station, GovHub, Retail Centres, Supermarkets, University, Schools, Sporting Venues, Pubs, Community Facilities.
Ballarat is located in Western Victoria, Ballarat is Victoria's 2nd largest Regional City, with a population of approximately 111,973* Populations are based on ABS Census Data from 2021.
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Property Details for 73 Scott Pde, Ballarat East

Building Type
Land
Land Size
1176m2

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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 27.08% 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 41 properties listed for sale, and 6 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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Subhash Godara
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Jitender Kajal
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Goldfish Real Estate
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