FOR SALE
EOI Finishes 15th of January 2025

Kokoda Street
Brown Hill VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11.9ha
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Prime Development Opportunity in Commercial Zone 2 (CZ2)

Raine & Horne land victoria are excited to present a unique opportunity to acquire a prime parcel of land with extensive frontage to the Western Freeway. This rare site spans a total of 118,819 sqm across 4 titles and is situated in a highly sought-after location just 5 minutes from Ballarat's CBD. The property has excellent potential for development.
The population of Ballarat is approximately 105,000 people. Ballarat is the largest city in the Central Highlands region of Victoria, Australia, and it has been experiencing steady population growth due to its combination of historical significance, amenities, and proximity to Melbourne.
The city continues to grow, with more people choosing Ballarat for both residential living and business opportunities.
Key Features:
Total Land Area: 118,819sqm* ( 29.4 Acres) across 4 separate titles
Zoning: Commercial 2 (CZ2)
Western Freeway Frontage: 650m* (approximately.)
Ballarat Central Business District (CBD) 5 Minutes drive (approximately.)
Stockland Wendouree Shopping Centre 8 Minutes Drive (approximately.)
Ballarat Railway Station 7 Minutes Drive (approximately.)
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Property Details for Kokoda Street, Brown Hill

Building Type
Commercial
Land Size
11.9ha

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About Brown Hill 3350

The size of Brown Hill is approximately 8 square kilometres. It has 7 parks covering nearly 12.3% of total area. The population of Brown Hill in 2011 was 3,078 people. By 2016 the population was 3,565 showing a population growth of 15.8% in the area during that time. The predominant age group in Brown Hill is 0-9 years. Households in Brown Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Brown Hill work in a professional occupation. In 2011, 70.8% of the homes in Brown Hill were owner-occupied compared with 70.9% in 2016.

Brown Hill has 2,558 properties. Over the last 5 years, Houses in Brown Hill have seen a 39.54% increase in median value, while Units have seen a 20.84% increase. As at 30 November 2024:

  • The median value for Houses in Brown Hill is $654,713 while the median value for Units is $375,253.
  • Houses have a median rent of $430 while Units have a median rent of $380.
There are currently 41 properties listed for sale, and 2 properties listed for rent in Brown hill on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Brown hill.

Suburb Insights for Brown Hill 3350

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Jasdeep Singh
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Charanpreet Sandhu
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Raine & Horne Land Victoria
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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.