OFF MARKET

10 Faith Lane
Bakery Hill VIC 3350

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
Land area: 117m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Sep 2024
Low

High
Save

Property Details for 10 Faith Lane, Bakery Hill

10 Faith Lane, Bakery Hill is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2021. The property has a land size of 117m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Year Built
2021
Floor Size
117m2
Land Size
117m2
Local Government
Ballarat
Lot/Plan
3/PS804702

Last Listing description (August 2018)

Jens Veal Partners are offering for sale a rare development opportunity at 29 St Paul's Way, in the historic CBD precinct of Bakery Hill, Ballarat.
Heart of the CBD development opportunity
Substantial land area of 2,245m

Stage 5 of a 5 stage integrated housing project
Stage 5 of the Planning Permit is for 12 two and three bedroom double storey townhouses.
Corner site - St Paul's Way & Faith Lane allows for excellent construction access.
Ballarat is one of Australia's fastest growing inland cities. Part of Victoria s goldfield region it has a rich history, stunning heritage-listed architecture and wide streets. Marvella Heights is a new landmark for Ballarat s CBD, situated in a historic Bakery Hill on the Melbourne side of Ballarat. The subject property is surrounded by national tenants including Coles Supermarkets, McDonald s, Nando s, cafes, Bridge Mall shopping precinct and banking institutions including ANZ, CBA and NAB.
Bakery Hill is Ballarat Council s focus to get this city buzzing.
29 St Paul's Way is a golden opportunity for developers seeking to cater to the demand for smart living in the heart of the CBD. Low maintenance apartment living is desirable by a magnitude of demographics including young professionals, retirees and small families, so this project provides exactly that opportunity.
We have due-diligence packs and legal information that we can email you, so please make contact with us for further information.

Property History for 10 Faith Lane, Bakery Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$470,850
17 Sep 2019
  • 17 Sep 2019
    Sold for $470,850
  • 23 Feb 2018
    Listed for Sale $600,000 - $660,000
  • 18 Jan 2018
    Listed for Sale $441,950

Commute Calculator

About Bakery Hill 3350

The size of Bakery Hill is approximately 0.2 square kilometres. It has 2 parks. The population of Bakery Hill in 2011 was 174 people. By 2016 the population was 171 showing a population decline of 1.7% in the area during that time. The predominant age group in Bakery Hill is 20-29 years. Households in Bakery Hill are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Bakery Hill work in a professional occupation. In 2011, 45.1% of the homes in Bakery Hill were owner-occupied compared with 46.7% in 2016.

Bakery Hill has 319 properties. Over the last 5 years, Houses in Bakery Hill have seen a 27.46% increase in median value, while Units have seen a 80.27% increase. As at 31 August 2024:

  • The median value for Houses in Bakery Hill is $608,175 while the median value for Units is $445,869.
  • Houses have a median rent of $463.
There are currently 5 properties listed for sale, and 1 property listed for rent in Bakery hill on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Bakery hill.

Suburb Insights for Bakery Hill 3350

Market Insights
Bakery Hill Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Bakery Hill Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.