OFF MARKET

43-57 Main Road
Bakery Hill VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 98m2
Land area: 2382m2
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Property Details for 43-57 Main Rd, Bakery Hill

Building Type
Commercial
Floor Size
98m2
Land Size
2382m2
Local Government
Ballarat
Lot/Plan
2/TP816120

Last Listing description (March 2018)

Resort Brokers ID : LH003734

25 x AAA 3.5 star rated motel suites.

Large restaurant suitable for group bookings.

Two separate function areas.

Excellent location within walking distance of CBD.

Close to major tourist attractions including Sovereign Hill.

Good mix of suites to suit wide range of guests.

NB: Property inspections are by appointment only

Property History for 43-57 Main Rd, Bakery Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$4,100,000
25 Mar 2022
  • 25 Mar 2022
    Sold for $4,100,000
  • 06 May 2015
    Listed for Sale $1,295,000

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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 3 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.

Suburb Insights for Bakery Hill 3350

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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.