OFF MARKET

53 Humffray Street N
Bakery Hill VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 492m2
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Property Details for 53 Humffray St N, Bakery Hill

Building Type
Commercial
Floor Size
120m2
Land Size
492m2
Local Government
Ballarat
Lot/Plan
2/TP100592

Last Listing description (March 2016)

- LAND AREA OF 490 SQUARE METRES*, BUILDING AREA OF 150 SQUARE METRES*- PROMINENT CORNER LOCATION- VEHICLE ACCESS AT REAR (COAL GEARS ROAD) AS WELL AS MAIR STREET.- NEWLY RENOVATED BUILDING IN 2015- DISABLED ACCESS- KITCHEN- 2 X SPLIT SYSTEM AIR CONDITIONERS- AUTO FRONT DOOR- NEW FLOOR COVERINGS- TWO SEPARATE TENANTS- ADDITIONAL SHED AT REAR (SEPARATELY LET)- CURRENT RENTAL INCOME OF APPROXIMATELY $43,500 PER ANNUM- COMMERCIAL OFFICE INVESTMENT OFFERING A 7% RETURN*APPROXIMATELY

Property History for 53 Humffray St N, Bakery Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$525,000
11 Feb 2016
Listed for Rent
$786/w
29 Jul 2015
  • 08 Mar 2016
    Listed for Sale $575,000
  • 11 Feb 2016
    Sold for $525,000
  • 30 Jan 2016
    Listed for Sale Not Disclosed
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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.

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.