OFF MARKET

4 Main Road
Bakery Hill VIC 3350

Bedrooms: 5
Bathrooms: 4
Car spaces: 4
Land area: 612m2
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Last updated 11 Nov 2024
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Property Details for 4 Main Rd, Bakery Hill

4 Main Rd, Bakery Hill is a 5 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 612m2.

Building Type
Unit
Land Size
612m2
Local Government
Ballarat

Last Listing description (November 2016)

RARE OPPORTUNITY EXISTS TO PURCHASE A BLOCK OF UNITS ALL SEPARATELY TITLED READY FOR YOU TO MAKE YOUR OWN TODAY. WITH ONE TWO BEDROOM UNIT AND THREE ONE BEDROOM UNITS LOCATED AT THE BASE OF SOVEREIGN HILL THIS MAKES THE PERFECT LOCATION FOR AN INVESTMENT. WITH THE BUS STOP AT THE DOOR AND ALL AMENITIES MINUTES AWAY INCLUDING SHOPPING CENTRES, SCHOOLS, IBM CENTRE, UNIVERSITY AND SO MUCH MORE WHAT MORE COULD ONE WANT. ALL UNITS ARE CURRENTLY TENANTED TO LONG TERM TENANTS AND BRINGING IN A STEADY INCOME. THEY ARE OPEN PLAN AND ALL UNITS HAVE A SINGLE CARPORT AT THE REAR OF THE PROPERTY. THERE IS AN OPPORTUNITY TO PURCHASE THE THREE BEDROOM HOUSE NEXT DOOR ALSO FOR $220,000 PLEASE CALL LISA HORVAT 0400533667 TO ENQUIRY ON THIS TODAY ALL UNITS CURRENTLY TENANTED - RENT PER WEEK: UNIT 1 - $175.00 UNIT 2 - $155.00 UNIT 3 - $155.00 UNIT 4 - $145.00

Property History for 4 Main Rd, Bakery Hill, VIC 3350

A timeline of how this property has performed in the market
  • 07 Nov 2016
    Listed for Sale $599,000

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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 320 properties. Over the last 5 years, Houses in Bakery Hill have seen a 21.39% increase in median value, while Units have seen a 46.19% increase. As at 31 October 2024:

  • The median value for Houses in Bakery Hill is $610,168 while the median value for Units is $456,526.
  • Houses have a median rent of $470.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Bakery hill on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Bakery hill.

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