FOR SALE
$320,000

2/508 Sherrard Street
Black Hill VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 157m2
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If Location Is Your Top Priority Then Look No Further!

Welcome to this delightful two-bedroom, one-bathroom unit situated in the highly sought-after area of Black Hill. Perfectly positioned just 1.8 kilometers from the Ballarat Train Station, this property offers a convenient and comfortable lifestyle. For the astute investor the rent appraisal of $340 - $360 will be attractive.
Key Features:
- Bedrooms: 2 spacious bedrooms with ample natural light and built-in wardrobes
- Living Area: Separate dining and loungeroom, perfect for relaxing or entertaining guests.
- Kitchen: A contemporary kitchen equipped with plenty of storage space.
- Bathroom: With shower, full bath, vanity and separate toilet
- Location: Located in the desirable Black Hill area, close to local amenities, parks, and schools.
- Transport: Just a short 1.8 km walk or drive to the Ballarat Train Station and easy access to public transport making commuting a breeze.
- Additional Features: Secure parking, low maintenance garden, and a quiet, friendly neighborhood.
This unit is ideal for first-time buyers, downsizers, or investors looking for a property in a prime location. Don't miss out on the opportunity to own a piece of Black Hill's real estate. Contact us today to arrange a viewing!
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Property Details for 2/508 Sherrard St, Black Hill

2/508 Sherrard St, Black Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 157m2. The place is currently for sale with Ray White Ballarat.

Building Type
Unit
Land Size
157m2

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About Black Hill 3350

The size of Black Hill is approximately 1.8 square kilometres. It has 7 parks covering nearly 32.3% of total area. The population of Black Hill in 2011 was 2,131 people. By 2016 the population was 2,118 showing a population decline of 0.6% in the area during that time. The predominant age group in Black Hill is 20-29 years. Households in Black Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Black Hill work in a professional occupation. In 2011, 62.6% of the homes in Black Hill were owner-occupied compared with 61.2% in 2016.

Black Hill has 1,142 properties. Over the last 5 years, Houses in Black Hill have seen a 26.96% increase in median value, while Units have seen a 33.29% increase. As at 31 August 2024:

  • The median value for Houses in Black Hill is $584,526 while the median value for Units is $380,638.
  • Houses have a median rent of $390 while Units have a median rent of $365.
There are currently 8 properties listed for sale, and 6 properties listed for rent in Black hill on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Black hill.

Suburb Insights for Black Hill 3350

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Mark Williams
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Tracey Holmes
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Ray White 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.