OFF MARKET

7 Porter Street
Bakery Hill VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1025m2
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Last updated 11 Nov 2024
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Property Details for 7 Porter St, Bakery Hill

7 Porter St, Bakery Hill is a 3 bedroom, 1 bathroom House. The property has a land size of 1025m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Land Size
1025m2
Local Government
Ballarat
Lot/Plan
42~K/PP5031

Last Listing description (June 2021)

To be sold as one, 5-7 Porter Street, Bakery Hill offers a sensational opportunity for redevelopment (STCA). Comprising a total area of approx 2,080m2: Zoned General Res(GRZ1).

No. 7 Porter Street, has a shed of a rough size being 14 x 30m that has been let at $500 per week. Power, gas & NBN connected with 6 parking spaces.

No. 5 Porter Street is a three bedroom plus bungalow home with carports & shed complete with mechanics pit currently let at $250 per week on a month-by-month lease with a great tenant that is keen to stay on.

Private inspections can be viewed by calling Don Hanlon on 0429 199 158.
Sewer & drainage plans available with Contract of Sale & Vendors Statement.

Not to be sold separately.

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Property History for 7 Porter St, Bakery Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$402,500
21 May 2021
  • 21 May 2021
    Sold for $402,500
  • 29 Apr 2021
    Listed for Sale $750,000
  • 22 Oct 2010
    Sold for $260,000

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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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